Changes in Centiva Capital's Q3 and Q4 2022 Holdings: A Comprehensive Comparison

The 13F filings of investment firms provide valuable insights into their investment strategies and holdings. Centiva Capital, LP, an investment management firm, recently filed its Q3 and Q4 2022 13F holdings with the SEC. In this blog post, we will compare Centiva Capital's Q3 and Q4 2022 13F holdings to understand the changes in its investment portfolio.

Introduction

Centiva Capital, LP is a hedge fund that focuses on value investing strategies. Value investing involves investing in stocks that are undervalued or have a low price-to-earnings ratio. The fund's recent 13F filings show that it has made significant changes to its investment portfolio between Q3 and Q4 2022. The fund has increased its holdings in some stocks and decreased its holdings in others. In this blog post, we will analyze Centiva Capital's Q3 and Q4 2022 holdings and the reasons behind the changes in its investment portfolio.

Main Body

Centiva Capital's Q3 and Q4 2022 holdings show that it has made some interesting changes to its investment portfolio. Let's take a closer look at some of the significant changes.

One of the most significant changes in the fund's portfolio is its increased holding in the ISHARES TR (HYG) put option. In Q3 2022, Centiva Capital held 1,700,000 shares of HYG put option, which increased to 2,490,000 shares in Q4 2022. The value of the holding increased from $121,364,000 in Q3 to $183,338,000 in Q4. The percentage change in holdings is an impressive 51.1%, indicating that Centiva Capital has a bullish view on the stock.

Another significant change in the fund's portfolio is the decreased holding in SPDR S&P 500 ETF TR (SPY) put option. In Q3, the fund held 4,147,200 shares of SPY put option, which decreased to 412,900 shares in Q4 2022. The value of the holding also decreased from $1,481,295,000 in Q3 to $157,905,000 in Q4, a percentage change of -89.3%. The decrease in holdings may be due to the fund's bearish view on the stock.

Centiva Capital also decreased its holdings in INVESCO EXCH TRADED FD TR II (BKLN) put option. In Q3, the fund held 10,600,000 shares of BKLN put option, which decreased to 6,353,000 shares in Q4. The value of the holding decreased from $214,014,000 in Q3 to $130,427,000 in Q4, a percentage change of -39.1%. The decrease in holdings may be due to the fund's bearish view on the stock.

Centiva Capital increased its holdings in AMAZON COM INC (AMZN) call option between Q3 and Q4 2022. In Q3, the fund held 469,500 shares of AMZN call option, which increased to 620,800 shares in Q4. The value of the holding decreased from $53,055,000 in Q3 to $52,147,000 in Q4, a percentage change of -1.7%. The increase in holdings may be due to the fund's bullish view on the stock.

The fund also made significant changes in its holdings of ISHARES TR (REM) put option between Q3 and Q4 2022. In Q3, Centiva Capital did not hold any shares of REM put option. However, in Q4, the fund held 2,235,500 shares of REM put option. The value of the holding increased from $0 in Q3 to $50,723,000 in Q4. The percentage change in holdings is an impressive 100.0%, indicating that Centiva Capital has a bullish view on the stock.

Conclusion

In conclusion, Centiva Capital, LP made significant changes to its investment portfolio between Q3 and Q4 2022, as evidenced by its recent 13F filings. The changes in holdings indicate that the fund has a bullish or bearish view on different stocks. The fund increased its holdings in HYG and AMZN call option, while it decreased its holdings in SPY and BKLN put option. The fund also did not hold any shares of REM put option in Q3 but increased its holding to 2,235,500 shares in Q4. It would be interesting to see how these changes in holdings impact the performance of the fund in the coming quarters.