Analyzing Perritt Capital Management's Q3 and Q4 2022 Holdings: Insights and Changes

Perritt Capital Management is a reputable investment management firm established in 1987, with a focus on small-cap companies. They seek to achieve capital appreciation through its fundamental, bottom-up, and quantitative investment approach. Perritt Capital Management's 13F filings with the Securities and Exchange Commission (SEC) provide a public snapshot of the firm's equity positions. This way, stakeholders can gauge the company's investment strategy and glean insights into the stock market. This article analyzes and compares the firm's Q3 and Q4 2022 13F holdings to provide insights into the changes made.

VIGI: Vanguard International Dividend Appreciation ETF

Perritt Capital Management increased its holdings in VIGI in Q4 2022, owning 168,334 shares valued at $11.721 million. This represents an increase of 14.3% in value compared to Q3 2022. Vanguard International Dividend Appreciation ETF prioritizes underlying companies that have the ability to increase their dividends over time. It provides investors with exposure to high-quality, non-U.S. companies with dividend growth potential.

DGRO: iShares Core Dividend Growth ETF

Perritt Capital Management's holdings in DGRO remained relatively unchanged between Q3 and Q4 2022. The firm maintained its 191,356 shares valued at $9.567m. DGRO tracks a market-cap-weighted index of U.S. companies that have a history of growing their dividends consistently. It seeks to invest in companies that have the potential for long-term capital appreciation.

SLYV: SPDR S&P 600 Small Cap Value ETF

SLYV seeks to track the S&P Small-Cap 600 Value Index, which consists of small-cap U.S. stocks with a value tilt. Perritt Capital Management increased their holdings of SLYV by 13.1% in Q4 2022, owning 98,475 shares valued at $7.308 million.

SPY: SPDR S&P 500 ETF

Perritt Capital Management decreased its holdings in SPY by 1.4% in Q4 2022. The firm owned 18,556 shares valued at $7.096m compared to 19,587 shares valued at $6.996m in Q3 2022. The SPDR S&P 500 ETF is a popular indication of the U.S. stock market's performance, tracking the S&P 500's broad-based index.

DFIS: Dimensional International Small Cap ETF

DFIS seeks to provide long-term capital appreciation by investing in non-U.S. small-cap value companies. Perritt Capital Management increased its holdings in DFIS by 14.2% in Q4 2022, owning 271,324 shares valued at $5.836m.

DFAE: Dimensional Emerging Core Equity Market ETF

Perritt Capital Management decreased its holdings in DFAE by 6% in Q4 2022. The firm owned 258,509 shares valued at $5.674 million compared to 276,012 shares valued at $5.545 million in Q3 2022. DFAE invests in emerging market companies with the potential for long-term capital appreciation.

VWO: Vanguard FTSE Emerging Markets ETF

VWO seeks to invest in equity securities of companies located in emerging markets around the world. Perritt Capital Management increased its holdings in VWO by 10.7% in Q4 2022, owning 142,624 shares valued at $5.559m.

PHYS: Sprott Physical Gold Trust

PHYS is a physically backed gold exchange-traded fund that seeks to provide investors with exposure to gold bullion's price movements. Perritt Capital Management increased its holdings in PHYS by 9.4% in Q4 2022, owning 377,651 shares valued at $5.324 million.

Conclusion

Perritt Capital Management's Q3 and Q4 2022 13F filings with the SEC indicates that the firm made significant changes to its holdings. Overall, Perritt Capital Management demonstrated increased confidence in small-cap, value-focused ETFs, and emerging markets. From a sector standpoint, there was a shift towards investments in gold, software, and biotech. Doing your investment homework is crucial to understanding the stocks and ETFs that suit your financial objectives best. While 13F filings give an idea of what investment managers are holding, it does not necessarily imply that one should follow their lead. Nonetheless, it offers investors insights into market trends and investment strategies that they might find helpful.