Investment Insights: Rainier Group's Q2 vs Q3 2020 Portfolio Changes

The Rainier Group Investment Advisory LLC has released its latest 13F holdings, comparing Q2 and Q3 2020. This report contains valuable insights into the investment decisions made by one of the leading investment firms in the United States. In this blog post, we will analyze the changes in holdings made by Rainier Group during this period, including the top holdings, sector allocations, and other important statistics.

Changes in Top Holdings

Rainier Group's top holdings remained largely unchanged between Q2 and Q3 2020, with a few notable exceptions. Microsoft Corp (MSFT) remained the number one holding, followed by Apple Inc (AAPL), which saw a significant increase in shares held. The most significant new addition to Rainier Group's top holdings was Tesla Inc (TSLA), which saw a substantial increase in shares held from 800 to 4042. On the other hand, several holdings were completely sold off, such as Pfizer Inc (PFE) and Lockheed Martin Corp (LMT).

Sector Allocations

The sector allocations of Rainier Group's portfolio remained relatively stable between Q2 and Q3 2020. The technology sector remained the largest allocation, representing 30.6% of the portfolio, while the second-largest sector was consumer goods, which represented 17.1% of the portfolio. Interestingly, there was a significant increase in the percentage of consumer goods represented, which can be largely attributed to the increase in shares held of Apple Inc (AAPL).

The percentage of the portfolio allocated to financials also increased significantly, from 8.3% to 11.3%. This increase was largely attributed to the acquisition of new shares in Bank of America Corp (BAC) and JPMorgan Chase & Co (JPM).

Other Holdings and Changes

In terms of individual holding changes, several holdings saw significant increases in shares held. For example, Facebook Inc (META) and NVIDIA Corporation (NVDA) both saw increases of over 89% in shares held. On the other hand, some notable holdings, such as Lockheed Martin Corp (LMT) and Pfizer Inc. (PFE), were completely sold off.

Another interesting change was the holding of Sundial Growers Inc (SNDL), which was reduced by 70.8% from 29,500 shares to 8,700.

Conclusion

In conclusion, Rainier Group continued to make calculated investment decisions between Q2 and Q3 2020, with a focus on technology, consumer goods, and financials sectors. While notable additions and reductions were made to their portfolio, core holdings remained consistent. Investors and market participants can use this analysis of Rainier Group's 13F holdings to make informed decisions and gain valuable insights into the latest trends in the investment landscape.