3EDGE Asset Management, LP Q3 2023 vs. Q4 2023 13F Holdings Comparison

In the fast-paced world of finance, staying updated with the latest market trends and investment strategies is crucial. And one way investors can gain insights into the moves of institutional money managers is by analyzing the 13F filings. These reports provide detailed information on the holdings of institutional investment managers with at least $100 million in assets under management. In this article, we will compare the Q3 2023 and Q4 2023 13F holdings of 3EDGE Asset Management, LP.

During the third quarter of 2023, 3EDGE Asset Management, LP made significant changes to its portfolio, with a notable decrease in the number of shares held for several issuers. One such issuer was BONDBLOXX ETF TR, with a significant decrease of 46.3% in the number of shares held. This decrease also reflected a decline in the value of the shares, from $363,900 in Q3 2023 to $195,444 in Q4 2023.

In contrast, INNOVATOR ETFS TR saw an increase of 34.6% in the number of shares held by 3EDGE Asset Management, LP. The value of these shares also increased, from $135,860 in Q3 2023 to $182,927 in Q4 2023. This suggests that the investment manager saw potential in this particular issuer and decided to increase its stake.

ISHARES TR, another issuer in the portfolio, witnessed some changes as well. While the number of shares held for IShares TR decreased slightly by 2.2%, the value of these shares remained relatively stable, with a slight increase from $141,772 in Q3 2023 to $144,946 in Q4 2023. This indicates that despite a decrease in the number of shares held, 3EDGE Asset Management, LP still maintained confidence in this particular issuer.

One of the most significant changes in the portfolio was the introduction of AMERICAN CENTY ETF TR, where 3EDGE Asset Management, LP acquired 1,158,955 shares. Although the value of these shares was not mentioned in the data, this addition suggests that the investment manager saw potential in this particular issuer and decided to take a significant position.

In terms of percentage change, WISDOMTREE TR experienced a remarkable increase of 4,653.2% in the number of shares held by 3EDGE Asset Management, LP. This increase was also reflected in the value of the shares, which rose from $1,494 in Q3 2023 to $71,026 in Q4 2023. This substantial increase signals a strong bullish sentiment toward this issuer by 3EDGE Asset Management, LP.

Other issuers that experienced notable changes in holdings include ISHARES TR, WORLD GOLD TR, and ISHARES INC. While some issuers saw a decrease in holdings, others witnessed an increase, indicating a strategic shift in the investment manager's portfolio.

It's important to note that the 13F filings provide a snapshot of institutional holdings at a specific point in time and may not reflect the current positions. Additionally, these filings only capture long equity positions and do not include short positions or holdings in non-equity securities.

In conclusion, the Q3 2023 vs. Q4 2023 13F holdings comparison of 3EDGE Asset Management, LP presented a mix of changes in holdings for various issuers. These adjustments highlight the investment manager's strategy, reflecting their confidence in certain issuers while reducing exposure to others. As always, investors should conduct thorough research and seek professional advice before making any investment decisions.