13F Holdings Report: Analyzing ARGA Investment's Q4 2022 vs. Q1 2023 Portfolio Changes

Every quarter, investment funds holding more than $100 million in assets must submit a Form 13F securities filing. This quarterly report details the fund's holdings in various U.S. stocks, including the shares and total value of each holding.

In this article, we will analyze the Q4 2022 vs. Q1 2023 13F holdings comparison released by ARGA Investment Management, LP. We will discuss the changes in the fund's portfolio, highlight the top holdings, and examine some of the notable trades made.

Founded in 2012, ARGA Investment Management is a New York-based investment advisor catering to institutional clients. The fund's investment approach aims to identify undervalued companies with a long-term investment horizon.

According to the 13F filing, ARGA Investment owns 32 securities with a total value of $30.8 million as of Q1 2023, down from 33 securities worth $32.5 million in the prior quarter, a 5.2% decrease in the total value of their portfolio.

Top Holdings:

- Melco Resorts & Entert-ADR (0A2P.IL): 11.7%

- Weibo Corp-Spon ADR (WB): 3.9%

- Petroleo Brasileiro-Spon ADR (PBR): 2.2%

- Alibab Group Holding-Spon ADR (BABA): 1.6%

- Taipan Semiconductor-Sp ADR (TSM): 0.8%

ARGA Investment's top holdings remain largely unchanged from the prior quarter. Melco Resorts, Weibo, and Petroleo Brasileiro remain the top three holdings in their portfolio, with increases in the number of shares held. On the other hand, Alibaba Group and TaiPan Semiconductor saw a decline in shares held.

Notable Trades:

- Positive: Capri Holdings Ltd (CPRI): 93.2% increase

- Positive: MetLife Inc (MET): 531.1% increase

- Negative: Victoria's Secret & Co (VSCO): 25.6% decrease

- Negative: Liberty Global PLC-A (LBTYA): 2.9% decrease

CPRI and MET are the two main winners this quarter, with both companies seeing a significant increase in the number of shares held. On the other hand, Victoria's Secret and Liberty Global saw a reduction in their holdings, with Victoria's Secret's shares taking the biggest hit.

Concluding Thoughts

In conclusion, ARGA Investment Management's Q4 2022 vs. Q1 2023 portfolio report saw some significant changes. While they sold one security, the total value of their portfolio decreased by 5.2%. Melco Resorts, Weibo, and Petroleo Brasileiro remained their biggest bets, with CPRI and MET seeing increased demand. It will be worth watching to see if they make any significant trades or changes in their holdings in the coming quarter.