Asturias Capital LLC's Q3-Q4 2019 13F Holdings Comparison: A Look at the Fund's Investment Strategy and Changes in Holdings

Asturias Capital LLC Q3 2019 vs. Q4 2019 13F Holdings Comparison

Asturias Capital LLC recently released its 13F holdings for Q3 2019 and Q4 2019, providing insight into the fund's investment strategy and changes in holdings over the quarter. The portfolio shows a diverse range of investments across sectors and industries, with a notable shift in holdings in Q4 2019.

The top five holdings of Asturias Capital LLC in Q3 2019 were NOW, MSGS, AMZN, TEAM.MX, and LBRDK. These holdings had a combined value of $58,619, with MSFT and CRM also included in the top holdings. However, in Q4 2019, Asturias Capital LLC's top holding was now TEAM.MX, followed by LBRDK, AMZN, MSGS, and BILI. These holdings had a combined value of $74,759, indicating a significant increase over the quarter.

Additionally, there were a few notable changes in holdings throughout the portfolio between Q3 and Q4 2019. For instance, there was a remarkable increase in holdings of TEAM.MX. In Q3 2019, Asturias Capital LLC held 19,100 shares of TEAM.MX valued at $2,396,000. However, in Q4 2019, the fund increased its holdings considerably to 110,800 shares valued at $13,334,000, representing a 456.5% change in holdings.

There was also a notable decrease in holdings of MSFT from 114,792 shares valued at $15,960,000 in Q3 2019 to 56,292 shares valued at $8,877,000 in Q4 2019. This represents a 44.4% decrease in holdings, indicating that Asturias Capital LLC has confidence in other investments compared to Microsoft.

The fund's holdings of CNNE also decreased significantly from 398,342 shares valued at $10,942,000 in Q3 2019 to 151,742 shares valued at $5,643,000 in Q4 2019, representing a 48.4% decline in holdings. This could indicate a loss of confidence in the company or a shift in investment strategy away from the sector.

Asturias Capital LLC increased its holdings of BILI, a Chinese video-sharing website, by 3.4%, indicating the fund's interest in the Chinese market. BABA, GOOG, SPOT, ATVI, SE, PLAN, and PINS were among the biggest decliners in holdings, with Asturias Capital LLC selling all of their holdings in the companies, suggesting that the fund is not confident with their performance in the future.

Conclusion

Asturias Capital LLC's Q3 2019 and Q4 2019 13F Holdings Comparison provides investors with valuable insights into the fund's investment strategy and changing holdings over the quarter. The diversified portfolio, combined with investments in different sectors, makes it an exciting portfolio to watch. The significant increase in holdings of TEAM.MX and the decrease in holdings of MSFT suggest a shift in strategy and focus from the fund. Overall, this 13F filing provides insight into Asturias Capital LLC's investment strategy and goals for the upcoming quarters.