A Comparative Analysis of Fairbanks Capital Management's Q3 2022 vs Q4 2022 13F Holdings

Fairbanks Capital Management, Inc. 13F filings for Q3 2022 and Q4 2022 have been released and the results are in. The changes in holdings of the top stocks in the portfolio have been summarized in the table below. This blog post will examine the trends and patterns that have emerged from the data, and offer insights into what these changes might mean for Fairbanks Capital Management and investors.

Starting with the top three holdings in the portfolio, there were only minor changes made to QCOM, NXST, and TDG stock, with a reduction of 1.7%, an increase of 4.5%, and an increase of 19.8%, respectively. These minor adjustments indicate a preference for maintaining stability in the top of the portfolio's holdings.

In fourth place, the Alliance Resource Partners' (ARLP) equity saw a reduction of 11.9% in Q4 2022, which might be a cause for concern for investors. In contrast, Suncor Energy had an increase in holdings of 12.4%, indicating the portfolio managers’ confidence in the company's future prospects.

One of the biggest losers in the portfolio in Q4 2022 was Amazon, with a loss of 23.6%. Meanwhile, Equifax, Visa, and Mastercard saw an increase in their shareholding of 13.2%, 16.6%, and 22.1%, respectively. These companies saw success in the Q4 2022 period, and the increased shareholdings indicate optimism for the future.

Other companies that saw significant increases in holdings in Q4 2022 include Oracle and Booking Holdings. Oracle stocks surged by 33.2%, while Booking Holdings saw a 22.3% increase. These great performances likely played a role in the decision to increase their holdings in these companies.

In contrast, Google and Disney saw a drop in holdings of 8% and 8.1%, respectively. Apple, on the other hand, experienced only a slight drop of 0.8%, indicating a preference to maintain the stock in the portfolio.

Looking at other companies in the portfolio, one of the most notable holdings was Upstart Holdings, which was not present in Q3 2022 but held 22,000 shares in Q4 2022. Similarly, APA Corporation was not present in Q3 2022 but held 4,389 shares in Q4 2022. These new holdings indicate a strategic decision to diversify the portfolio and invest in emerging companies with long-term growth potential.

One of the most significant drops in the portfolio was seen in Verisign Inc. The company saw its holdings decrease by 18% (1386 to 1136 shares) between Q3 to Q4 2022. In contrast, Madison Square Garden Entertainment's shares sizeably reduced by 5.8% in Q4 2022. Similarly, Palantir Technologies Incorporated (PLTR) also disappointed investors with a drastic fall of 21% in their share price, with their value per share plummeting from 0.187 to 0.147.

In conclusion, Fairbanks Capital Management's Q3 2022 vs Q4 2022 13F Holdings Comparison data shows that the fund managers are actively managing the portfolio to maximize returns. The data indicates that the management team is open to change and not averse to taking risks where they see potential. The strategy could be instrumental in getting higher yields by keeping the shareholders’ interests in mind.

This comparative analysis of the Q3 2022 and Q4 2022 filings provides investors with valuable insights into the trends and patterns in the portfolio of Fairbanks Capital Management, Inc. As seen from the data and the movements within the portfolio, the fund is being managed strategically, and the ups and downs in stock holdings reflect an active management style focused on valuing long-term growth potential.