Changes in Ninepoint Partners' Q4 2022 Holdings: Increased Confidence in Energy and REITs, Reduced Position in Microsoft, and Significant Growth in Equinix.

In the world of finance, a 13F filing is a quarterly report required of institutional investment managers with over $100 million in assets under management. The report details the holdings of the investment manager's portfolio, providing valuable insight into their investment strategy. One such investment manager, Ninepoint Partners LP, recently filed their Q3 2022 and Q4 2022 13F holdings, and the changes in their holdings have garnered attention from investors looking for opportunities in the market.

Ninepoint Partners LP is a Toronto-based investment management firm that specializes in alternative investments, quantitative strategies, and actively managed ETFs. Their holdings cover a broad range of industries, including energy, tech, real estate, and finance. According to the recently filed 13F, the firm's total assets under management increased from $5.5 billion to $6.2 billion in Q4 2022, a 12.4% increase from the previous quarter.

One standout change in Ninepoint's holdings is their holdings in Enbridge Inc (ENB.TO), which increased by 24,748 shares to a total of 24,748 shares in Q4 2022. Enbridge is a Canadian energy infrastructure company that operates the world's longest crude oil and liquids transportation system. Investors are keeping a close eye on energy stocks in general, as the industry rebounded strongly in 2021 after several down years. The increased holdings in Enbridge signal Ninepoint's confidence in the company's ability to continue its upward trajectory.

Another significant change in Ninepoint's holdings is their holdings in Vermilion Energy Inc (VET.TO), which increased from 2 million shares in Q3 2022 to 6 million shares in Q4 2022. Vermilion Energy is a Canadian oil and gas producer focused on the exploration, development, and production of oil and natural gas reserves in North America, Europe, and Australia. The increase in holdings likely reflects Ninepoint's bullish outlook on the future of the oil and gas industry and its potential for growth.

As for the technology industry, Ninepoint reduced their holdings in Microsoft Corp (MSFT) by 297 shares, from 2,951 to 2,654 shares in Q4 2022. This reduction may surprise some investors, given the strong performance of the technology sector in recent years, and Microsoft's position as one of the largest and most well-known tech giants in the world. However, it is important to note that the reduction in holdings is relatively small and may not necessarily indicate a lack of faith in the company's long-term prospects.

Ninepoint also significantly increased their holdings in Equinix Inc (EQIX), a global data center company, from 393 shares in Q3 2022 to 1,543 shares in Q4 2022, representing a 351.3% increase. The market for data centers is rapidly growing, driven by increased demand for cloud services and big data analytics. Equinix is well-positioned to capitalize on this trend and is expected to experience significant growth in the coming years.

Real estate investment trusts (REITs) were also a popular sector for Ninepoint in Q4 2022, with increased holdings in companies such as Agree Realty Corp (ADC), Rexford Industrial Realty Inc (REXR), and Terreno Realty Corp (TRNO). REITs are popular investments among income investors, as they are required by law to pay out a certain percentage of their profits as dividends, making them relatively stable investments.

In conclusion, Ninepoint's Q4 2022 13F filings reveal some interesting changes in their holdings. The firm increased their positions in several companies across different industries, reflecting their optimism in the long-term growth prospects of these companies. At the same time, they reduced some of their holdings in other companies, potentially indicating concerns about their short-term prospects. As always, investors are advised to do their own research and due diligence before making investment decisions.