Private Vista, LLC's Q1 and Q2 2020 Performance Report: Insights into Holdings Changes in the Portfolio Companies

Private Vista, LLC is a renowned wealth management firm that specializes in private equity investments, mergers and acquisitions, and venture capital. The firm recently released its Q1 2020 and Q2 2020 13F holdings comparison report, highlighting the changes in holdings in its portfolio companies over the six-month period. This report provides valuable insights into the performance of the fund and its investment strategy. In this blog post, we will delve into the report and analyze the changes in holdings in some of the portfolio companies.

The report shows that the fund's total portfolio value increased from $5.75 billion to $6.48 billion, reflecting a 12.7% increase in six months. This growth was driven by the increase in the value of its holdings in various companies, including ISHARES TR, INVESCO EXCH TRD SLF IDX FD, ULTA BEAUTY INC, MICROSOFT CORP, and SPDR S&P 500 ETF TR. The total number of shares held by the firm decreased from 3,295,715 to 3,169,319 shares, reflecting a 3.8% decline.

One of the most significant changes in holdings was in ULTA BEAUTY INC. The fund's holdings in the company decreased marginally from 58,124 shares in Q1 2020 to 57,999 shares in Q2 2020. However, the value of these shares increased significantly from $10.2 million to $11.8 million, reflecting a 15.5% increase. ULTA BEAUTY INC is a well-known beauty retailer in the United States with a market capitalization of $11.85 billion. The company's stock price has been on a steady upward trend despite the COVID-19 pandemic, and it seems to have caught the attention of Private Vista, LLC.

Another company that saw a significant increase in the value of its shares was INVESCO EXCH TRD SLF IDX FD. The fund's holdings in the company increased from 1,177,262 shares in Q1 2020 to 1,129,238 shares in Q2 2020, reflecting a 4.1% decrease. However, the value of these shares increased from $22.98 million to $25.92 million, reflecting an 8.4% increase. INVESCO EXCH TRD SLF IDX FD is an exchange-traded fund that tracks the performance of the S&P 500 index. The fund's stock price has been on an upward trend since it hit an all-time low in March 2020, and it seems to have caught the attention of Private Vista, LLC.

MICROSOFT CORP is another company that saw a significant change in holdings. The fund's holdings in the company decreased from 33,144 shares in Q1 2020 to 27,594 shares in Q2 2020, reflecting a 16.8% decrease. However, the value of these shares increased from $5.22 million to $5.62 million, reflecting a 7.4% increase. MICROSOFT CORP is a well-known technology giant with a market capitalization of $1.63 trillion. The company's stock price has been on a steady upward trend despite the COVID-19 pandemic, thanks to its dominant position in the technology sector and its strong financials.

One of the most significant declines in holdings was in DELTA NATURAL GAS CO INC. The fund's holdings in the company decreased from 332,223 shares in Q1 2020 to 0 shares in Q2 2020, reflecting a 100% decrease. DELTA NATURAL GAS CO INC is a natural gas distribution company that provides services to residential, commercial, and industrial customers in Kentucky. The company's stock price has been on a downward trend, and it seems that Private Vista, LLC has lost confidence in the company's prospects.

Another company that saw a significant decline in holdings was AGG. The fund's holdings in the company decreased from 30,643 shares in Q1 2020 to 8,841 shares in Q2 2020, reflecting a 71.2% decrease. However, the value of these shares decreased significantly from $3.54 million to $1.05 million, reflecting a 70.4% decrease. AGG is an exchange-traded fund that tracks the performance of the Bloomberg Barclays U.S. Aggregate Bond Index. The fund's stock price has been on a downward trend since it hit an all-time high in March 2020, and it seems that Private Vista, LLC has lost confidence in the company's prospects.

In summary, the Q1 2020 and Q2 2020 13F holdings comparison report released by Private Vista, LLC provides valuable insights into the fund's performance and investment strategy. The report highlights the changes in holdings in various companies, including ULTA BEAUTY INC, INVESCO EXCH TRD SLF IDX FD, MICROSOFT CORP, DELTA NATURAL GAS CO INC, and AGG. The report shows that the fund's portfolio value increased significantly over the six-month period, reflecting the resilience of this well-managed fund in challenging economic times.