The Rise and Fall of Belvedere Advisors LLC's Q1 vs. Q2 2019 Fund Holdings

In the world of finance, things are constantly changing. One minute a company is on top of the world, and the next it's struggling to stay afloat. This is especially true when it comes to fund holdings, as demonstrated by the Q1 vs. Q2 2019 holdings comparison of Belvedere Advisors LLC.

Belvedere Advisors is a registered investment adviser based in Cambridge, Massachusetts. According to the Securities and Exchange Commission, the firm manages approximately $1.47 billion in assets. Given the company's size, it's not surprising that changes in their fund holdings are closely watched by investors.

In this blog post, we'll take a closer look at Belvedere Advisors LLC's Q1 vs. Q2 2019 13F holdings comparison, and examine what these changes could mean for the firm and its clients.

The Winners

Let's start with the funds that saw the biggest increases in holdings from Q1 to Q2 2019. At the top of the list is ISHARES TR's ILF, which saw a whopping 147.9% increase in shares. This is good news for Belvedere Advisors LLC, as ILF was also one of the fund's top holdings in Q1. The increase in shares puts the firm in an even stronger position to benefit from this ETF's performance.

Another winner for Belvedere Advisors LLC is ISHARES TR's LQD. While the number of shares the firm holds in this fund decreased by 71.3%, the value of those shares actually increased from Q1 to Q2. This means that while the firm decreased its position in LQD, the remaining holdings were worth more money.

The Losers

Not all of Belvedere Advisors LLC's holdings fared as well as ILF and LQD. In fact, some of the firm's holdings saw significant decreases in both shares and value. Let's take a look at a few of the biggest losers.

One of the biggest losers for Belvedere Advisors LLC is ALIBABA GROUP HLDG LTD (BABA). The firm's holdings in BABA decreased by 79.1% from Q1 to Q2 2019, and the value of those holdings decreased by 79% as well. This could be a cause for concern for the firm and its clients, as BABA was one of the top holdings for Belvedere Advisors in Q1.

Another loser for Belvedere Advisors LLC is ISHARES TR's MUB. The firm's holdings in this fund decreased by 95.4% from Q1 to Q2 2019. While the value of those holdings also decreased during this time, the drop wasn't as steep as the decrease in shares. This suggests that the firm may have been holding onto MUB for too long, and sold shares at a lower value than they could have.

What Does It All Mean?

So, what do these changes in fund holdings mean for Belvedere Advisors LLC and its clients? As with any financial investment, it's impossible to predict the future. However, we can make a few educated guesses based on the information we have.

For one, it seems that Belvedere Advisors LLC is still in a strong position, despite some of the losses outlined above. The firm's top holdings in Q1 remained strong in Q2, and the addition of new holdings like ISHARES TR's VWO suggests that they're not afraid to take on new opportunities.

At the same time, it's clear that Belvedere Advisors LLC needs to be more careful when it comes to holding onto funds that aren't performing as well. The significant losses seen in holdings like BABA and MUB suggest that the firm may be holding onto these investments for too long, rather than cutting their losses and moving on to something more profitable.

Conclusion

Belvedere Advisors LLC's Q1 vs. Q2 2019 13F holdings comparison provides an interesting glimpse into the world of fund holdings and the financial industry as a whole. While it's impossible to predict the future, it's clear that the firm is in a relatively strong position, despite some losses.

Moving forward, it will be interesting to see how Belvedere Advisors LLC adjusts its holdings in response to these changes. Will the firm continue to hold onto funds like BABA and MUB, or will they cut their losses and move on to more profitable investments? Only time will tell, but one thing's for sure: the world of finance is always changing, and investors need to be ready to adapt to new opportunities and challenges as they arise.