Comparing Lucas Capital Management's Q3 2020 and Q4 2020 Holdings: Winners, Losers, and Surprises

Lucas Capital Management, a reputable investment firm, recently released its 13F holdings report for the third and fourth quarters of 2020. The report details the changes in the firm's holdings for the period, including the number of shares held, the value of these shares, and the percentage change in the holdings.

The report provides a valuable insight into the firm's investment strategies, trading patterns, and the changes in the market that influenced its decisions. In this post, we will summarize the major winners, losers, and surprises from the report, as well as identify the trends and opportunities that investors can capitalize on.

Winners

Apple Inc (AAPL) was the largest winner in Lucas Capital Management's portfolio, with a shareholder value increase of 12.5% from Q3 to Q4 2020. Despite a 2% decrease in its number of shares held, Apple's increased share price accounted for the value increase.

Other winners in the portfolio included the Vanguard Information Technology Index Fund (VGT) and the Vanguard FTSE Developed Markets ETF (VEA), with value increases of 11.3% and 16.6%, respectively. The iShares U.S. Medical Devices ETF (IHI) also had a positive performance, with a value increase of 3.9%.

Losers

The top losers in Lucas Capital Management's portfolio were the US Compression Partners LP (USAC) and the iShares Silver Trust (SLV), with percentage value changes of -100% and 34.7%, respectively. USAC sold all its shares, causing a decrease from the third to fourth quarters, while SLV experienced a significant price drop.

Other losing stocks included Dow Inc (DOW), whose value increased by 20.7%, but its number of shares held decreased by 4.6%. Additionally, the Utilities Select Sector SPDR Fund (XLU) decreased by 5%, despite having a compelling performance in Q3.

Surprises

One of the biggest surprises in the report was the significant increase in the holdings of JP Morgan Chase & Co (JPM) by 94.1% in Q4, making it the company's third-largest held stock. Conversely, Pfizer Inc (PFE) and Merck & Co. Inc (MRK) were completely sold out in the fourth quarter.

Opportunities

Investors can capitalize on Lucas Capital Management's investment patterns by considering the well-performing stocks in Q4 2020, such as Apple Inc and Vanguard Information Technology Index Fund, which may continue performing positively in the future. Additionally, stocks that seem undervalued, such as Dow Inc, can be an opportunity for investing.

In conclusion, Lucas Capital Management's 13F report provides valuable insights into the firm's investment strategies and performance in the third and fourth quarters of 2020. Understanding the report's findings can help investors make informed decisions about their investment portfolios.