Congress Park Capital LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Investment firms are always on the lookout for fruitful investment options to grow their portfolio substantially. Congress Park Capital LLC is one such firm that has taken the market by storm with its strategic investments. In this blog post, we will analyze the Q4 2022 and Q1 2023 13F holdings of Congress Park Capital LLC and make sense of the changes in their holdings.

The first stock that Congress Park Capital LLC made a significant change to their holdings is Invesco QQQ Trust (QQQ). The investment firm sold 2500 puts with a Q4 2022 value of $665,000 and purchased 37,000 puts with a Q1 2023 value of $11,874,000. They also sold 35,000 calls with a Q4 2022 value of $9,319,000 and purchased 32,000 calls with a Q1 2023 value of $10,269,000, resulting in a 10.2% increase in holdings.

Similarly, Congress Park Capital LLC decreased their holdings in Microsoft Corp (MSFT), selling 28,302 shares with a Q4 2022 value of $6,787,000 and purchasing 22,338 shares with a Q1 2023 value of $6,440,000, resulting in a 5.1% reduction in holdings.

On the other hand, Congress Park Capital LLC increased their holdings in MercadoLibre Inc (MELI), purchasing 6,177 shares with a Q4 2022 value of $5,227,000 and purchasing 5,919 shares with a Q1 2023 value of $7,801,000, resulting in a 49.2% increase in holdings.

In addition, they added a new stock to their portfolio, Embraer S.A. (ERJN.MX), purchasing 129,290 shares worth $1,413,000 in Q4 2022 and 129,345 shares worth $2,117,000 in Q1 2023. This represents a 49.8% increase in holdings in just one quarter.

Another interesting change in Congress Park Capital LLC's portfolio is their sale of all their shares in Tenet Healthcare Corp (THC) in Q4 2022 and purchasing 15,438 shares worth $917,000 in Q1 2023. They also sold all their shares in Northrop Grumman Corp (NOC), which amounted to no shares in Q4 2022 and 1,980 shares worth $914,000 in Q1 2023.

Moreover, Congress Park Capital LLC significantly increased their holdings in The Trade Desk Inc (TTD), purchasing 81,698 shares with a Q4 2022 value of $3,662,000 and purchasing 80,823 shares with a Q1 2023 value of $4,922,000. This represents a 34.4% increase in holdings in just one quarter.

In conclusion, Congress Park Capital LLC's Q4 2022 and Q1 2023 13F holdings show that the investment firm is making strategic investments in the market. While they sold some stocks and reduced their holdings in others, they also made substantial purchases in new and existing stocks. As investors, it's important to stay informed about changes in holdings of firms such as Congress Park Capital LLC, as it can impact the stock's value and performance in the future.