Northstar Wealth Partners LLC Q2 2020 vs. Q3 2020 13F Holdings Comparison: Top Gainers and Losers

As the world faces the unprecedented health and economic challenges of the COVID-19 pandemic, many investors have been navigating choppy financial waters. The Northstar Wealth Partners LLC is no exception. The Registered Investment Advisor recently disclosed its second and third-quarter 13F holdings, showing that it has made significant changes in its portfolio. In this article, we take a close look at the top gainers and losers in the company's Q2 2020 vs. Q3 2020 holdings comparison.

Top Gainers

1. Vanguard Dividend Appreciation ETF (VIG) - 46.4% Increase

Northstar Wealth Partners LLC has made a 46.4% increase in its holdings of Vanguard Dividend Appreciation ETF (VIG) with 21433 shares in Q2 2020 as compared to 28570 shares in Q3 2020. VIG aims to track the performance of the NASDAQ US Dividend Achievers Select Index, which includes companies with a record of increasing their dividends for at least ten consecutive years.

2. Travelers Companies Inc. (TRV) - 52.7% Increase

The company's holdings in Travelers Companies Inc. (TRV) have increased by 52.7%, from 5042 shares in Q2 2020 to 8120 shares in Q3 2020. This New York-Based insurance firm offers property and casualty insurance, to both commercial and personal customers.

3. QUALCOMM Inc. (QCOM) - 32.3% Increase

QUALCOMM Inc. (QCOM) occupies the third spot with a 32.3% increase in its holdings from 28636 shares in Q2 2020 to 28248 shares in Q3 2020. The company is a leading manufacturer and supplier of wireless communication products.

4. NVIDIA Corporation (NVDA) - 51.3% Increase

Northstar Wealth Partners LLC acquired 2827 shares of NVIDIA Corporation (NVDA) in Q2 2020 and added 176 more shares to its holdings, a 51.3% increase, bringing the total shares to 3003 in Q3 2020. NVIDIA produces graphics processing units and chipsets for gaming consoles, computers, and mobile devices.

Top Losers

1. Visa Inc. (V) - 62.5% Decrease

Northstar Wealth Partners LLC reduced its holdings of Visa Inc. (V) by 62.5% by selling 7431 shares, bringing the total shares to 4235 in Q3 2020 from 11666 shares in Q2 2020. Visa is a global payments technology company providing electronic payment services to banks and merchants.

2. WisdomTree Emerging Markets High Dividend ETF (DEM) - 34% Decrease

WisdomTree Emerging Markets High Dividend ETF (DEM) follows the performance of the WisdomTree Emerging Markets Equity Income Index. The company reduced its holdings of DEM by 34%, decreasing from 75360 shares in Q2 2020 to 51005 shares in Q3 2020.

3. iShares Select Dividend ETF (DVY) - 40.1% Decrease

Northstar Wealth Partners LLC has decreased its holdings in iShares Select Dividend ETF (DVY) by selling 20637 shares, a 40.1% decrease, bringing the total shares to 30131 in Q3 2020 from 50768 shares in Q2 2020. DVY seeks to track the Dow Jones U.S. Select Dividend Index, which measures the performance of high dividend-paying U.S. companies.

4. Exxon Mobil Corporation (XOM) - 39.6% Decrease

Exxon Mobil Corporation (XOM) is an American multinational oil and gas corporation. The company's holdings in the corporation have been decreased by 39.6%, from 46276 shares in Q2 2020 to 36427 shares in Q3 2020.

Conclusion

As we can see from the data, Northstar Wealth Partners LLC has made significant changes in its portfolio between Q2 2020 and Q3 2020. The company has invested more in high-dividend ETFs and insurance companies while also selling off shares in oil and gas corporations and electronic payment service providers. These strategic moves may be a reflection of the volatile market conditions and the company's efforts to optimize investment returns.