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 $44 billion and counting that advisors manage on the Riskalyze platform*. I hope we can uncover interesting trends for you each week…
April 5th – April 12th
- Healthcare (VHT, XLV)
- TPFG Equity Managed (Separately Managed Account)
- Under Armour (UA)
Losers (advisor flows FROM these investments increased substantially):
- Franklin Global Bond (TPINX)
- Telecom (T and VZ)
- Real Estate (VNQ)
Josh here – Well, how’s this for good timing? Some prescient advisors were loading up on Under Armor last week ahead of this weekend’s finish to the Masters golf tournament – during which 21-year-old wunderkind Jordan Spieth won it all and even broke a Tiger Woods record from 1997. Spieth is outfitted and sponsored by Under Armor and is, quite possibly, their most visible athlete of the moment right now.
Shares of Under Armor ($UA) were up over 5% last week and are following through today with a gain of almost 2% to a new all-time record high.
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.
*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing).