A Closer Look at J. Goldman & Co LP Q3 and Q4 2022 13F Holdings

Investment firms always make adjustments to their portfolios, and J. Goldman & Co LP is no exception. In the third and fourth quarters of 2022, considerable changes were made to the holdings of this fund. This blog post aims to explore these changes and provide insights into what they mean for the fund and its investors.

Dollar General Corp: From 0 to 565,000 Shares

One of the most dramatic changes in the 13F holdings of J. Goldman & Co LP involved Dollar General Corp. In Q3 2022, the firm held no shares of this company, but in Q4, they acquired 565,000 shares. This move is likely based on the company's impressive growth in recent years, with revenue increasing by 17.6% year over year in Q2 2022.

Paypal Holdings Inc: A Significant Increase in Shareholding

J. Goldman & Co LP saw a substantial increase in their shareholding of Paypal Holdings Inc. In Q3, the firm held 187,195 shares, but this number more than quintupled in Q4, with the firm owning 1,028,115 shares. The value of these shares also rose from $16.1 million to $73.2 million. This significant increase in shares owned suggests that the firm has confidence in the company's future performance.

Meta Platforms Inc: Steady Growth in Shareholding

The social media company Meta Platforms Inc (formerly Facebook) saw a steady increase in shareholding over the two quarters. In Q3, J. Goldman & Co LP held 81,575 shares valued at $11.1 million. By Q4, this number had grown to 381,393 shares valued at $45.9 million. The increase in shareholding demonstrates that the fund believes Meta Platforms Inc is a solid investment.

Spotify Technology SA: From 0 to 569,499 Shares

Another notable change was the firm's acquisition of 569,499 shares of Spotify Technology SA in Q4 after holding no shares in Q3. With the growth of music streaming services and a recent partnership with World Wrestling Entertainment (WWE), this move might be based on the company's potential for growth.

Conclusion

Overall, the 13F holdings of J. Goldman & Co LP saw significant changes between Q3 and Q4 2022. The fund's decision to increase its shareholding in some companies and acquire new shares in others suggests a bullish outlook on these firms' future performance. It's important to note that while 13F filings provide insights into the actions of investment firms, they are not a guaranteed predictor of future market performance.