Investment Advisor Reveals Major Changes in Holdings of Fund in Q2 2019 vs. Q3 2019
Ava Hoppe | 3 May, 2023
Kopp Investment Advisors LLC are known for their expert insight and savvy strategy when it comes to investing. So, when they make significant changes to their holdings, it’s worth paying attention. The Q2 2019 vs. Q3 2019 13F Holdings Comparison shows that the firm has made some notable adjustments in recent months.
One of the biggest changes that jump out from the data is the reduction in shares for NeoGenomics Inc. (NEO), down from 327,438 to 207,781. This represents a 44.7% drop in shares, with the value falling from $7,184,000 to $3,973,000. It’s a significant change that could indicate the firm’s lack of confidence in the company’s future performance.
Another company that saw a drop in shares is Twilio, Inc. Class A (TWLO), going from 49,044 to 34,263, which is a 43.7% decrease in shares. The value of shares also reduced by $2,919,000, going from $6,687,000 to $3,768,000. Again, it’s a move that suggests Kopp Investment Advisors LLC don’t have the same level of faith in the company as before.
Vericel Corp. (VCEL) also saw a significant reduction in shares from 317,079 to 198,445, reflecting a decline of 49.8%. Similarly, the value of shares also saw a sizable drop, going from $5,990,000 to $3,004,000. It seems that Kopp Investment Advisors LLC have decided to reduce their investment in the medical services industry.
However, it’s not all negative news. Insulet Corp. (PODD) saw an increase in shares from 32,629 to 23,934, which is a slight increase of 1.3%. Although it’s not a substantial move, it may indicate that the firm is still confident in the medical device company.
The data also reveals that the firm has moved some of its focus to other industries, such as finance. Aflac Inc. (AFL) saw an increase in shares from 12,798 to 11,895, which was reflected in a slight gain in value from $701,000 to $622,000. Similarly, JP Morgan Chase & Co. (JPM) also saw a slight increase in shares from 5,477 to 5,049, resulting in a slightly higher value of $612,000 to $594,000.
In conclusion, the Q2 2019 vs. Q3 2019 13F Holdings Comparison report by Kopp Investment Advisors LLC highlights the firm’s strategic moves in the investment world. While they have reduced their stakes in some companies, they have also increased their investment in others. It will be interesting to see how these changes play out in the coming months, and whether they pay off in terms of financial returns.
Other Posts
- A Deep Dive into Access Financial Services' Q4 2022 vs. Q1 2023 Holdings
- Stokes Capital Advisors, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison
- Lone Star's Strategic Move: Embracing ERIKS for a Brighter Industrial Horizon
- Investment Advisors Shuffle Holdings: Q3 2022 vs. Q4 2022
- The Future of Pinnacle Family Advisors: Q3 and Q4 2022 Comparison
- Pecaut & Co. Q3 2022 vs. Q4 2022 13F Holdings Comparison
- Shares, Values, and Changes: Comparing 13F Holdings of Top Funds in Q4 2022 and Q1 2023
- An Insightful Comparison of NextCapital Advisers, Inc. Q1 2022 vs. Q2 2022 13F Holdings
- Godspeed Capital Sells MOREgroup
- Changes in Top Holdings of Motley Fool Wealth Management Q3 2022 vs. Q4 2022