Comparing Rockshelter Capital Management's Top Holdings in Q1 2020 vs. Q2 2020

Rockshelter Capital Management, a Dallas-based firm, recently disclosed its holdings for Q2 2020. By reviewing this data and comparing it to the firm's previous quarter, we can get a glimpse of its investment strategy. In this article, we will closely examine the data to understand the reasoning behind the changes in holdings.

First, let's take a look at the top holdings in Q1 and Q2:

- Berkshire Hathaway Inc. Class B (BRK-B)

- Alphabet Inc. - Class C (GOOG)

- Alphabet Inc. - Class A (GOOGL)

- Facebook (META)

- JP Morgan Chase & Co. (JPM)

In Q2 2020, Rockshelter Capital Management increased the number of shares in Berkshire Hathaway Inc. Class B by 9,153, bringing the total number of shares to 142,755. The value of the shares also increased by approximately $1,057,000, from $24,426,000 in Q1 to $25,483,000 in Q2. This move could indicate confidence in Warren Buffet's Berkshire Hathaway, which has had a difficult year due to the COVID-19 pandemic.

Rockshelter Capital Management decreased its holdings in Alphabet Inc. - Class C by 2,836 shares, lowering the total number of shares to 12,423 in Q2. However, the value of these shares remained relatively stable at around $17,500,000. The firm also increased its holdings in Alphabet Inc. - Class A by approximately 85 shares, which brought the total number of shares to 12,134. The value of these shares increased significantly by about $3,000,000, amounting to $17,207,000 in Q2. These slight changes could suggest a preference for Alphabet Inc. - Class A over Alphabet Inc. - Class C, due to the former's stronger earnings potential.

The firm decreased its holdings in JP Morgan Chase & Co. by approximately 17,000 shares, from 163,739 in Q1 to 146,152 in Q2, which lowered the value of the shares from $14,741,000 to $13,747,000. Despite this change, JP Morgan Chase & Co. remains one of the top holdings in Q2, suggesting that the firm continues to believe in the stock's stability and potential.

Facebook's value as a holding increased from $13,390,000 in Q1 to $17,162,000 in Q2, an increase of 28.2%. Although the number of shares went down slightly from 80,273 to 75,579, Facebook still remains one of the top holdings for Rockshelter Capital Management. With Facebook continuing to grow its userbase and improve its advertising capabilities, this increase in value could signify confidence in the social media giant.

Bank of America Corporation (BAC) experienced the most significant change in holdings. Rockshelter Capital Management decreased its holdings in BAC by 30% in Q2, selling approximately 155,000 shares, bringing the total number of shares to 361,031. The value of the shares also dropped from $10,960,000 in Q1 to $8,574,000 in Q2, a decrease of 21.8%. This change is significant and could indicate a lack of confidence in the future of Bank of America Corporation.

In conclusion, by comparing Rockshelter Capital Management's top holdings in Q1 2020 vs. Q2 2020, we can infer that the firm has made some strategic changes in its portfolio. The firm has shown confidence in holdings such as Berkshire Hathaway Inc. Class B, Alphabet Inc. - Class A, and Facebook, but has demonstrated hesitation in Bank of America Corporation. Overall, it is imperative to keep track of the movements in market trends and companies, and monitoring 13F filings is one way of doing so.