3EDGE Asset Management, LP Q1 2023 vs. Q2 2023 13F Holdings Comparison

The holdings of funds are constantly changing, and it's important for investors to stay up to date with these fluctuations. In this article, we will be analyzing the changes in holdings for 3EDGE Asset Management, LP between Q1 2023 and Q2 2023. This analysis will provide valuable insights into the company's investment strategy and the shifting landscape of the market.

During this period, 3EDGE Asset Management, LP made several notable changes to its holdings. Let's take a closer look at some of the key developments.

One of the most significant increases in holdings was seen in "BONDBLOXX ETF TRUST." In Q1 2023, the fund held no shares in this issuer, but by Q2 2023, the holdings had skyrocketed to 7,993,781 shares, with a corresponding increase in value from $0 to $401,487. This substantial change indicates a strong bullish outlook on the issuer and suggests that the fund sees significant potential for growth in this particular investment.

On the other hand, there were also notable decreases in holdings for some issuers. For instance, the fund reduced its holdings in "WISDOMTREE TR" (symbol: USFR) by 13.4% between Q1 2023 and Q2 2023. The number of shares held went down from 4,223,950 to 3,655,033, with a decrease in value from $212,337 to $183,921. This reduction suggests a more cautious approach to this particular investment, potentially due to changes in market conditions or the fund's evolving investment strategy.

Another interesting change in holdings occurred with "JOHN HANCOCK EXCHANGE TRADED" (symbol: JHPI). The fund increased its holdings by 23.5%, with shares rising from 38,766 to 48,131. Additionally, the value of these holdings increased from $817 to $1,009. This increase indicates a positive sentiment towards the issuer and suggests that the fund sees potential for growth in this investment.

Furthermore, there were some instances where the fund completely liquidated its holdings in certain issuers. "WISDOMTREE TR" (symbol: DXJ), for example, saw its number of shares held reduced from 0 to 11,771 between Q1 2023 and Q2 2023. This complete liquidation may be a result of the fund reassessing its investment strategy and reallocating its resources into other more promising investments.

It is also worth noting that there were several issuers where the fund did not hold any shares in Q1 2023 but accumulated substantial holdings in Q2 2023. "FRANKLIN TEMPLETON ETF TR" (symbol: FLJH) and "FRANKLIN TEMPLETON ETF TR" (symbol: FLJP) are two examples. The fund acquired 3,471,037 shares of FLJH and 2,657,587 shares of FLJP in Q2 2023. These acquisitions indicate a shift in focus towards these issuers and a belief in their growth potential.

Overall, the changes in holdings for 3EDGE Asset Management, LP between Q1 2023 and Q2 2023 provide valuable insights into the company's investment strategy. Investors can use this information to make more informed decisions about their own investment portfolios.

Please note that these changes in holdings are based on publicly available information and should not be considered as investment advice. It is always important to conduct thorough research and seek advice from a qualified financial professional before making any investment decisions.