Comparing Northstar Investment Advisors LLC's Q1 and Q2 2021 13F Holdings

As an investor, keeping an eye on the holdings of prominent investment firms can provide insight into their strategies and market trends. Luckily, the Securities and Exchange Commission (SEC) requires all investment companies with more than $100 million in assets to file quarterly reports detailing their holdings. In this blog post, we will be comparing Northstar Investment Advisors LLC's Q1 and Q2 2021 13F holdings.

Northstar Investment Advisors LLC is a Massachusetts-based investment advisory firm that manages over $17 billion in assets under management (AUM) and focuses on long-term investments. The 13F filings reveal Northstar's significant holdings in the technology, healthcare, and financial sectors.

Microsoft and Vanguard Dominate Northstar's Portfolio

In Q1 2021, Northstar had a total of 34 stocks in its portfolio with a total value of $261 million. However, by Q2 2021, Northstar's portfolio had changed significantly, with the company now holding 43 different stocks, with a total value of $312 million.

Northstar's top holdings remained consistent, with Microsoft Corporation (MSFT) and Vanguard Index Trust Total Stock Market Index (VTI) taking the first and second positions in both quarters. However, while Northstar reduced its holdings in Microsoft by 1%, its portfolio's value increased from $34.8 million to $41.5 million. Additionally, Northstar increased its holdings in Vanguard by a whopping 51%, resulting in a portfolio value of $33.4 million.

Vanguard ETFs Show Strong Growth

Vanguard Exchange Traded Funds (ETFs) dominated Northstar's portfolio in Q2 2021. The Vanguard Russell 1000 ETF (VONE), Vanguard Value ETF (VTV), and iShares Russell 1000 ETF (IWB) were among the top five holdings, demonstrating Northstar's continued bullish sentiment toward value-based investments.

Northstar's holdings in VONE grew by 14%, resulting in a $29.4 million portfolio value. In contrast, VTV's holdings increased by a staggering 347%, resulting in a portfolio value of $12.9 million. Northstar also added 21,630 shares of IWB, increasing its holdings by 9.5%.

Decreased Holdings in Nasdaq and Intel

Surprisingly, Northstar decreased its holdings of Nasdaq 100 Shares (QQQ) by 26%, resulting in a $27.1 million portfolio value in Q2 2021. Similarly, Northstar reduced Intel Corporation's (INTC) holdings by 25%, resulting in a significant drop in portfolio value from $20.0 million to $14.9 million.

On the other hand, Northstar increased its stake in another semiconductor company, Nvidia Corp (NVDA), by 42%, resulting in a portfolio value of $19.7 million. This increase in holdings reflects Northstar's continued interest in the technology sector, particularly semiconductor companies.

Conclusion

Northstar Investment Advisors LLC's Q1 and Q2 2021 13F filings revealed a significant growth in its portfolio value, mainly driven by Vanguard ETFs and Microsoft's increased portfolio value. Northstar's portfolio remains heavily invested in the technology and healthcare sectors, with a continued bullish sentiment toward value-based investments. However, Northstar's decreased holdings of Nasdaq and Intel suggest a shift in its investment strategy, resulting in the addition of Nvidia Corp to its holdings. While these filings provide valuable insight for investors, it's essential to remember that 13F filings represent a snapshot of an investment company's holdings and do not necessarily reflect its complete investment strategy.