Bernzott Capital Advisors Q4 2022 vs. Q1 2023 13F Holdings Comparison

Bernzott Capital Advisors, a California-based investment firm that manages approximately $1.3 billion worth of assets, has recently filed their quarterly 13F with the SEC. The 13F report reveals the firm's holdings at the end of Q4 2022 and Q1 2023. In this article, we will review the top holdings of Bernzott Capital Advisors that witnessed significant changes in their shareholdings between Q4 2022 and Q1 2023.

Granite Construction Inc.

Bernzott Capital Advisors reduced its holdings of Granite Construction Inc. by 33.8%, selling 326,487 shares and leaving them with 424,825 shares at the end of Q1 2023. The construction company provides infrastructure solutions to public and private sector clients across the US. Granite Construction recently reported its Q4 2021 earnings, which witnessed impressive growth in its construction business.

Terreno Realty Corp.

Terreno Realty Corp. is a real estate investment trust (REIT) that owns and operates industrial real estate properties across the US. Bernzott Capital Advisors sold 190,500 shares of Terreno Realty Corp. between Q4 2022 and Q1 2023, reducing its holdings by 34.5%. The company reported its Q4 2021 earnings, which revealed that it had achieved a strong financial performance.

API Group Corp.

Bernzott Capital Advisors sold 535,877 shares of API Group Corp. between Q4 2022 and Q1 2023, reducing its holdings by 31.3%. The company provides construction safety and industrial services across North America. API Group Corp. reported its Q4 2021 earnings, which demonstrated solid financial results.

HCI Group Inc.

Bernzott Capital Advisors reduced its holdings of HCI Group Inc. by 2%, selling 11016 shares and leaving them with 288,873 shares at the end of Q1 2023. The company provides homeowners insurance, flood insurance, and reinsurance services. HCI Group Inc. recently reported its Q4 2021 earnings, which showed a decline in its earnings year-on-year.

World Fuel Services Corp.

World Fuel Services Corp. is a global energy management company that provides solutions to the aviation, marine, and land transportation sectors. Bernzott Capital Advisors sold 414,424 shares of World Fuel Services Corp. between Q4 2022 and Q1 2023, reducing its holdings by 47.9%. The company recently reported its Q4 2021 earnings, which showed a decline in its revenues.

Gentex Corp.

Bernzott Capital Advisors sold 360,466 shares of Gentex Corp. between Q4 2022 and Q1 2023, reducing its holdings by 41.6%. Gentex Corp. is a manufacturer of automatic-dimming rearview mirrors and automotive electronics. The company recently reported its Q4 2021 earnings, which demonstrated solid financial results.

In Conclusion

Bernzott Capital Advisors' 13F filing reveals that the firm has made significant changes to its holdings between Q4 2022 and Q1 2023. The firm has sold shares of companies like Granite Construction Inc., Terreno Realty Corp., and API Group Corp., while reducing its holdings of HCI Group Inc., World Fuel Services Corp., and Gentex Corp. Overall, the filings indicate that the firm may be realigning its portfolio to focus on companies that have the potential for strong growth and solid financial results.