Tracking Changes in 3D Asset Management, Inc's Q2 2020 vs. Q3 2020 13F Holdings

3D Asset Management, Inc, a top-performing investment advisor, recently released its 13F quarterly report detailing its latest stock holdings. The report, which includes holdings from Q2 2020 up to Q3 2020, shows a few changes in 3D Asset Management, Inc's portfolio. This blog post takes a closer look at these changes and analyzes the possible reasons behind them.

Introduction

As one of the more renowned firms in the investment industry, 3D Asset Management, Inc's portfolio can give investors an insight into which stocks are performing well and which ones are not as popular. 3D Asset Management's latest quarterly 13F report shows which of its holdings in the second quarter of 2020 (Q2) it sold or purchased and the changes in share value between Q2 and Q3.

Main Body

3D Asset Management, Inc's Q2 holdings amounted to $202,891,000, consisting of 33 stock holdings. The company sold off its stakes in six companies and purchased shares of 11 companies, increasing its holdings to $213,545,000 in Q3, a 5.3% hike. Of its 17,691,004 shares in Q3, its top five holdings, which are VTV (Vanguard Index FDS), JQUA (J P Morgan Exchange-Traded F), QDEF (Flexshares Tr), AGGY (Wisdomtree Tr), and GSIE (Goldman Sachs ETF Tr), make up 38.2% of its portfolio.

Of note is the purchase of BCI ETF by 3D Asset Management. This move helped increase its overall portfolio value by 48.6%. Meanwhile, JPMorgan ETFs like JQUA and JMST were also added in Q3. The addition of JQUA and JMST could indicate 3D Asset Management, Inc's focus on small-cap growth and value stocks in Q3.

3D Asset Management, Inc decreased its stakes in companies like MTUM, NULG, and USMV by 26.3%, 100%, and 61.5%, respectively, indicating a shift away from these equities as they struggled to perform in Q3. The sale of their holdings in MTUM is especially notable since this ETF had been one of their biggest holdings in Q2. In contrast, 3D Asset Management, Inc liquidated its entire position in NULG, indicating their loss of confidence in the ETF.

In terms of sector allocation, 3D Asset Management, Inc's portfolio is still mostly composed of technology stocks (24%). Other sectors, like healthcare (21%), consumer goods (19%), and finance (14%), also make up a significant portion of its holdings. This diversification of sectors may cushion 3D Asset Management's portfolio against a market downturn and could signal that the company is interested in investing in a broad range of stocks.

Conclusion

Through its 13F quarterly report, 3D Asset Management, Inc showed its commitment to investing in new companies based on their performance rather than retaining shares of stocks that had underperformed in Q3. The company added new stocks like BCI and JPMorgan ETFs, and sold off its stakes in poorly performing ETFs like NULG. 3D Asset Management's investment in both growth and value shares, as well as its diversification of sector allocation, show its confidence in the market's eventual recovery.

Disclaimer: This article is for informational purposes only and should not be used as financial advice. Past performance may not be indicative of future results.