Starfire Investment Advisers, Inc. Analyzes Q1 and Q2 2020 13F Holdings in Recent Report

Starfire Investment Advisers, Inc. Q1 2020 vs. Q2 2020 13F Holdings Comparison

Recently, the Q1 2020 vs. Q2 2020 13F Holdings Comparison report of Starfire Investment Advisers, Inc. was released. The report highlights the comparative analysis of the firm’s investment decisions in the first two quarters of 2020. As per the report, the firm acquired a new holding of Invesco QQQ Trust, where it added 52,684 shares in the second quarter of 2020. Whereas, it did not acquire any shares of the trust in the first quarter of 2020.

The report shows an increase in the value of holdings for most companies, while a significant decline in the value of holdings was observed for some companies. One of the most significant increases was observed for Vanguard Div Appreci (VIG). The firm added nearly 13.9% of shares for this investment, which led to an increase in its value from $10,318,000 to $11,757,000. In spite of a decline in the Value ETF of Select Sector SPDR Utilities (XLU) and Vanguard FTSE Developed Markets ETF (VEA), the firm still holds the shares of these companies but experienced a loss in their value. XLU observed a decline of 24.6% and VEA took the biggest hit, suffering a loss of 71.9%.

The report shows that the firm's investment strategies for the year 2020 are mostly centered around ETFs. The firm’s top-performing holdings included SPDR S&P 500 Growth (SPYG), where the firm kept shares constant in Q1 and Q2 but increased the total value of holdings by 25.5%. Similarly, iShares S&P Midcap 4 (IJK) and Schwab US Small-Cap (SCHA) experienced an increment in their shares and value of holdings by 31% and 26.8%, respectively. In the case of WisdomTree US SmallCap (DES), the report shows that the firm sold some shares, and the value declined by 7.2%.

The report also highlights the addition of new holdings, including MasterCard Inc (MA) and UnitedHealth Group Inc (UNH), where the firm acquired 5,662 shares of MA and retained the shares of UNH in Q2, resulting in an increase in the total value of holdings of the company by 22.5% and 18.2%, respectively. The report also shows that Invesco Dynamic Pharmaceuticals ETF (PJP) experienced an increase in its value by 17.7%.

The report observes a decline in the value of Vanguard Materials (VAW), which suffered a loss of 19.6% in total value of holdings due to a decrease in the number of shares held. Another company that experienced a decline in its overall holdings was Vanguard Health Care (VHT), which suffered a loss of 15.3%.

The data presented in the report shows that the firm's investment strategy primarily focuses on ETFs that observe strong growth in Q1, while maintaining the shares of stable companies. However, we also observed that the firm remained vigilant in selling some shares of underperforming companies in Q2.

In conclusion, the report shows that Starfire Investment Advisers, Inc. takes a strategic approach to investing by monitoring the performance of its investments in the first two quarters and making necessary changes to its holdings. It is essential to analyze the current market trends and ensure that the investment strategies align with the firm's short-term and long-term goals. The Q1 2020 vs. Q2 2020 13F Holdings Comparison report provided an excellent insight into the company's investment strategy, which could guide the firm's future investment decisions.