Peak Capital Management LLC Q4 2019 vs. Q1 2020 13F Holdings Comparison

As a wise investor, keeping an eye on the changes in fund holdings is essential. And, with the recent 13F filing by Peak Capital Management LLC, we now have an insight into their Q4 2019 vs. Q1 2020 holdings comparison. Let's take a deeper look into the numbers and what this means for the fund.

At the end of Q4 2019, Peak Capital Management LLC's top holdings were SPTL with 629,833 shares, VMBS with 238,236 shares, and PGX with 280,613 shares. However, at the end of Q1 2020, there was a significant decrease in their holdings in SPTL, with only 337,036 shares, and VMBS with only 104,055 shares. Moreover, some holdings that were not present in Q4 2019 were added in Q1 2020. For example, SH by PROSHARES TR with 277,181 shares and VCSH by VANGUARD SCOTTSDALE FDS with 14,000 shares.

Let's take a closer look at the top three holdings.

SPTL - SPDR SERIES TRUST:

At the end of Q4 2019, SPTL accounted for 10.19% of Peak Capital Management LLC's portfolio, with 629,833 shares valued at $25,011,000. However, in Q1 2020, the number of shares decreased to 337,036, and the value decreased to $15,922,000. This accounts for a significant decrease of 36.3% in the number of shares.

VMBS - VANGUARD SCOTTSDALE FDS:

In Q4 2019, Peak Capital Management LLC held 238,236 shares of VMBS, which accounted for 4.05% of its portfolio. The value of the shares was $12,708,000. However, in Q1 2020, the number of shares decreased to 104,055, with the value of $5,671,000, accounting for a decrease of 55.4%.

PGX - INVESCO EXCHNG TRADED FD TR:

PGX was another major holding for Peak Capital Management LLC. In Q4 2019, it accounted for 7.36% of the portfolio, with 280,613 shares valued at $4,251,000. However, in Q1 2020, the number of shares decreased to 166,239, and the value declined to $2,188,000, accounting for a decrease of 48.5%.

In conclusion, while some might consider a decrease in holdings as a sign of a bearish market, it's essential to consider that profit booking or a shift in strategy might be the reason. Only time will tell what the new additions will lead to and how they might benefit the fund's portfolio. For now, keeping an eye on the top holdings and their changes will provide a better insight into the fund's strategy and performance.