MANA Advisors LLC Q2 2021 vs. Q3 2021 13F Holdings Comparison

Investment management firm MANA Advisors LLC recently released their Q3 2021 13F holdings report, detailing major changes in their portfolio compared to the previous quarter. In this blog post, we'll break down the key insights from their report and analyze what these changes could mean for MANA Advisors LLC and their investors.

Shift towards technology and retail

One major trend from the report was a significant increase in holdings for technology and retail companies. Specifically, MANA Advisors LLC saw a 100% decrease in their holding of Accenture PLC Ireland, while increasing their holdings in Microsoft Corp and Fidelity National Information SV. Alongside these shifts, the report also found an influx in shares of Walmart Inc and Apple Inc.

The increased allocation towards the technology sector makes sense, given that many of these companies have performed well during the pandemic. With more people working remotely and shopping from home, companies that provide digital services have seen a surge in demand. However, one potential concern is that this increase may be coming at the expense of diversification, which is crucial for long-term portfolio stability.

The rise of alternative energy

Another area of substantial investment for MANA Advisors LLC was in the alternative energy sector. The company increased their holdings in Kandi Technologies Group Inc, Alto Ingredients Inc, and Ra Med Sys Inc. These companies are working on developing sustainable energy solutions and could benefit from growing public interest in environmental and social governance.

Similarly, MANA Advisors LLC also saw a 135% increase in holdings of Renesola Ltd, a company focusing on a wide range of products related to solar energy. This move could signal further investment in alternative energy products in the future, representing a potential shift towards a more long-term, sustainable portfolio.

Decrease in holdings of GEO Group Inc New

On the other hand, the report noted a significant decrease in shares of GEO Group Inc New. The company's share value dropped by 100%, representing a complete sale of the shares that MANA Advisors LLC previously held. GEO Group Inc New is a company providing private prison services that has faced significant criticism and public outcry, especially amid the Black Lives Matter movement. Removing this controversial company from their portfolio could be a response to ethical investment considerations.

Conclusion

Overall, the MANA Advisors LLC Q2 2021 vs. Q3 2021 13F Holdings Comparison report offers valuable insights into the company's investment approach and outlook. While the report shows a clear shift towards technology and retail companies, there is also evidence that MANA Advisors LLC is investing in alternative energy solutions and remaining committed to ethical investment principles. Investors should pay attention to these trends, consider their own investment goals, and make informed decisions based on their personal risk tolerance and long-term financial plans.