At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $120 billion and counting that advisors manage on the Riskalyze platform*. I hope we can uncover interesting trends for you each week…
March 5th – March 11th
- Financials (XLF, VFH, KRE)
- Materials (XLB)
- Municipals (MUB)
Losers (advisor flows FROM these investments increased substantially):
- International Paper Co. (IP)
- Intel Corporation (INTC)
- Energy (XLE)
It was a relatively tame week for advisor action in client accounts according to Riskalyze CIO Mike McDaniel. “Advisor use of the listed losers decreased approximately 5% week over week. Advisor use of the listed winners increased less than 3% week over week.”
Energy stock exposure was pared back as WTI crude oil prices plunged from the mid-50’s range they’d been in for a long time down into the 40’s. Banks continue to be popular as the Fed’s rate hike this week looks like a fait accompli.
*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing).