My friends at Riskalyze share the stocks and funds that advisors all over the country have used in their clients’ accounts each week. This data has been aggregated from across the client accounts of the thousands of advisors who use the software. Most of it comes directly through the third-party custodians where advisors’ assets are held. I hope we can uncover interesting trends for you each week…
Week of December 21st – December 27th 2014:
Winners = top investments purchased by advisors for client portfolios that week
Losers = investments that advisors sold out of in client portfolios that week
Winners (advisor flows TO these investments increased substantially):
First Eagle Global (SGENX, SGIIX)
Berwyn Income (BERIX)
Losers (advisor flows FROM these investments increased substantially):
Tech Stocks Microsoft (MSFT), Intel (INTC), Cisco (CSCO)
Corporate Bonds (LQD)
Floating Rate (FLOT, etc)
Josh here. Individual tech giants Intel and Microsoft have been among the year’s biggest winners, so seeing some profit-taking among advisors and their clients at year-end isn’t surprising.
But that desire to lock in gains apparently doesn’t extend to Apple, which actually hit the most bought list in the penultimate week of the year. A bit of enthusiasm about holiday sales may be the culprit here – every Apple store I’ve walked past this month has been thronged.
A word about Riskalyze:
In my practice, we use Riskalyze software tools to help assess clients’ true risk tolerance and to test portfolio configurations that match up accordingly. It’s changed our practice for the better, as I explain here.