Kaizen Advisory LLC's Q3 vs. Q4 2018: Changes in 13F Holdings Reviewed

Kaizen Advisory, LLC Q3 2018 vs. Q4 2018 13F Holdings Comparison

Kaizen Advisory LLC is a New York-based registered investment advisor that provides personalized financial advice and investment management services to individuals and institutions alike. The firm’s investment approach is grounded in the belief that the economy and financial markets are influenced by long-term trends that can be identified and exploited to deliver superior returns.

As part of its investment strategy, Kaizen Advisory LLC closely monitors the holdings of various funds, including the SPDR S&P 500 ETF Trust. In this blog post, we will explore the changes in the holdings of this fund between Q3 2018 and Q4 2018 based on the 13F filings submitted to the Securities and Exchange Commission.

The 13F filings reveal that the total number of shares held by the fund in the SPDR S&P 500 ETF Trust decreased by 26,015, or 35.9%, from 102,271 shares in Q3 2018 to 76,256 shares in Q4 2018. The value of the holdings also decreased by $10,674, or 35.9%, from $29,732,000 in Q3 2018 to $19,058,000 in Q4 2018. This significant decrease in holdings is most likely due to market volatility that occurred during this period.

The largest individual holding in the fund, Apple Inc, also experienced a decrease in holdings, although to a lesser extent than the SPDR S&P 500 ETF Trust. Kaizen Advisory LLC reduced its holdings in this company by 483 shares, or 2.9%, from 16,562 shares in Q3 2018 to 16,079 shares in Q4 2018. The value of the holdings decreased by $1,202,000, or 32.2%, from $3,738,000 in Q3 2018 to $2,536,000 in Q4 2018. Despite the decrease in holdings, Apple Inc remains a top holding of the fund.

Microsoft Corp is another top holding of the fund that experienced an increase in holdings over the Q3 2018 to Q4 2018 period. The fund increased its holdings in the company by 2,029 shares, or 10.9%, from 18,648 shares in Q3 2018 to 20,677 shares in Q4 2018. The value of the holdings increased by $33,000, or 1.5%, from $2,133,000 in Q3 2018 to $2,100,000 in Q4 2018.

Amazon Com Inc, another major holding of the fund, also experienced an increase in holdings. The fund increased its holdings in the company by 91 shares, or 9.3%, from 979 shares in Q3 2018 to 1,070 shares in Q4 2018. However, the value of the holdings decreased by $354,000, or 18.1%, from $1,961,000 in Q3 2018 to $1,607,000 in Q4 2018.

Mastercard Inc - Class A is a significant holding of the fund that experienced a decrease in holdings. The fund reduced its holdings in this company by 667 shares, or 9.2%, from 7,273 shares in Q3 2018 to 6,606 shares in Q4 2018. The value of the holdings decreased by $373,000, or 23%, from $1,619,000 in Q3 2018 to $1,246,000 in Q4 2018.

Comcast Corp New is another major holding of the fund that experienced a decrease in holdings. The fund reduced its holdings in this company by 2,978 shares, or 7.6%, from 39,345 shares in Q3 2018 to 36,367 shares in Q4 2018. The value of the holdings decreased by $155,000, or 11.1%, from $1,393,000 in Q3 2018 to $1,238,000 in Q4 2018.

In summary, Kaizen Advisory LLC’s 13F filings reveal that the fund made several changes to its holdings between Q3 2018 and Q4 2018. While some holdings experienced increases in holdings, others experienced decreases. Overall, the decrease in holdings in the SPDR S&P 500 ETF Trust was the most significant change, likely due to market volatility. As with any investment strategy, it is essential to review and adjust holdings regularly to ensure alignment with long-term goals and market conditions.