The Ups and Downs of Q4 2019 vs. Q1 2020 13F Fund Holdings in JOYN Advisors

JOYN Advisors, an Atlanta-based wealth management firm, recently filed its 13F form with the Securities and Exchange Commission (SEC), detailing its fund activity for the fourth quarter of 2019 and the first quarter of 2020. The report lays out the financial holdings of JOYN Advisors, showcasing the changes in the number of shares held and their respective values over the two quarters.

One of the primary takeaways from the 13F form is the significant changes in holdings of the iShares Trust (IWD). JOYN Advisors decreased its shares of this exchange-traded fund by 13.5%, dropping from 390,968 in Q4 2019 to 465,243 in Q1 2020. The value of this company also decreased from $53,359,000 to $46,143,000 over the two quarters.

Vanguard Index Funds (VTV) was another company that had a profound drop in shares. JOYN Advisors decreased shares by 40.9%, reducing its shares from 549,000 in Q4 2019 to 436,958 in Q1 2020. The value of this company also decreased from $65,798,000 to $38,915,000 over the two quarters.

On the other hand, there were a few companies that increased in value and shares. Oracle Corporation (ORCL) saw the most significant increase, with a 79.7% increase in shares held by JOYN Advisors. The number of shares owned jumped from 6,601 in Q4 2019 to 13,010 in Q1 2020, and the value of the investment increased from $350,000 to $629,000.

Another notable increase was in Walmart Inc (WMT), with a rise from 4,197 in Q4 2019 to 4,564 in Q1 2020, accompanied by an increase in value from $499,000 to $519,000.

It's also worth mentioning that JOYN Advisors offloaded its holdings of 3M Company (MMM) entirely, going from zero shares in Q4 2019 to 7,812 shares worth $1,066,000 in Q1 2020.

In conclusion, the JOYN Advisors 13F fund holdings show a combination of both decreases and increases in shares owned and values invested throughout the Q4 2019 and Q1 2020 quarters. While companies like iShares Trust and Vanguard Index Funds experienced significant drops, others like Oracle Corporation and Walmart Inc made impressive gains. It is essential to keep up with quarterly reports such as these to stay up-to-date on the current state of financial markets and investments.