Analyzing Trexquant's Q3 vs. Q4 2022 13F Holdings: Notable Changes in Top Holdings and New Positions.

Trexquant Investment LP is a well-known quantitative hedge fund. As per their recently published quarterly 13F filings, they disclosed their equity holdings as of Q3 2022 and Q4 2022. Upon analyzing the data, it is clear that the fund has been actively making changes to their portfolio over the course of the past few months. Below, we will look at some of the notable changes in their top holdings between the two quarters.

One of the most significant changes occurred in the fund's position in Tesla Inc (TSLA). In Q3 2022, the fund held 17,587 shares of Tesla, which equated to a value of $4.7 million. However, in Q4 2022, the fund increased its holdings to 375,521 shares, representing a value of $46.3 million. This change in holdings represents a staggering 891.6% increase in value. This significant investment in Tesla suggests that Trexquant sees a lot of potential in the electric car company.

Another interesting shift in holdings was in the fund's position in Adobe Systems Incorporated (ADBE). In Q3 2022, the fund held 123,454 shares of Adobe, valued at $33.9 million. However, in Q4 2022, the fund reduced its holdings to 93,035 shares, valued at $31.3 million. This decrease in holdings represents a 7.8% reduction in value. It is difficult to say what may have prompted this reduction in holdings, but it could be related to the recent softness in the technology sector.

Additionally, the fund made significant investments in the technologies sector. For instance, the fund increased its holdings in Enphase Energy Inc (ENPH) from 46,574 shares in Q3 2022 to 129,533 shares in Q4 2022. The value of these holdings increased from $12.9 million to $34.3 million, representing a percentage change of 165.6%. This significant increase in Enphase Energy suggests that Trexquant is optimistic about the future of solar energy.

In another notable shift, the fund reduced its holdings in Apple Inc (AAPL) to zero shares in Q3 2022 from the 362,792 shares they held in the previous quarters. However, in Q4 2022, Trexquant added 362,792 shares of Apple Inc, reportedly valued at $47.1 million. This shift in holdings suggests that the fund may have seen some potential in Apple Inc in the last few months.

Furthermore, the fund added new positions in Palantir Technologies Inc (PLTR), adding 1.65 million shares with a value of $12.9 million, as well as Fiverr International Ltd (FVRR), adding 65,831 shares with a value of $20.2 million. Palantir is a data analysis and surveillance software company that has been performing well in recent times. Similarly, Fiverr is an on-line platform putting freelancers in touch with customers, and has witnessed a boost in revenue since the pandemic began since they offer a remote work based platform, which led to an increase in demand from customers.

On the other hand, the fund eliminated some of its positions from the portfolio, including Coca Cola Co (KO), which the fund had held 589,047 shares with a value of $32.9 million in Q3 2022, and in Q4 2022, the fund closed the position wholly. Other eliminated positions include CF Inds Hldgs Inc (CF), Goldman Sachs Group Inc (GS), Deutsche Bank Ag (DB), Synopsys Inc (SNPS) among others.

In conclusion, analyzing the Trexquant Investment LP Q3 2022 vs. Q4 2022 13F Holdings Comparison, it is clear that the hedge fund has been actively making changes to its portfolio during the last quarter. The fund made some significant investments in companies like Tesla Inc and Enphase Energy, while also reducing holdings in Adobe Systems Inc. Additionally, it added new positions in Palantir and Fiverr, while cutting down on several positions, including Coca Cola Co and Goldman Sachs Group Inc. These moves suggest that the fund is extremely active in the market and looking to make calculated bets on the stocks it believes may have the best chance of success in the future. It is worth keeping an eye on Trexquant Investment LP's future movements as they navigate the rapidly evolving market landscape.