Forest Hill Capital, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

As traders, investors, and analysts, we're always curious about one of the most important aspects of investing - what do the big players do? One way to find out is through the 13F filings with the SEC, which require institutional investors with over $100 million in assets under management to disclose their equity holdings quarterly. In this article, we'll take a deep dive into the Q3 2022 vs. Q4 2022 13F holdings comparison of Forest Hill Capital LLC.

Forest Hill Capital LLC is a hedge fund management company with over $993.9 million in assets under management and offices in New York and Connecticut. The firm primarily focuses on small-cap stocks in the healthcare, technology, and finance sectors and has a diverse portfolio of equity holdings.

Let's take a closer look at some of the significant changes in Forest Hill Capital LLC's 13F holdings from Q3 2022 to Q4 2022.

First off, Franco-Nev Corp (FNV.TO) saw an increase of 14.2% in the number of shares held by Forest Hill Capital LLC, from 81,500 shares in Q3 2022 to 81,500 shares in Q4 2022. The value of these shares increased from $9,738,000 to $11,123,000, a significant increase of 14.2%. Franco-Nev Corp is a gold-focused royalty and stream company that owns royalties and streams in gold mining properties in Canada, the United States, Mexico, Peru, and Chile.

Another notable change in holdings is that Forest Hill Capital LLC reduced its shares in Pinnacle Financial Partners Inc (PNFP) by 9.5%, from 133,382 shares in Q3 2022 to 133,382 shares in Q4 2022. The value of these shares decreased from $10,817,000 to $9,790,000, a decrease of 9.5%. Pinnacle Financial Partners Inc is a bank holding company that provides commercial banking services in Tennessee, Mississippi, and Virginia.

Forest Hill Capital LLC also increased its shares in Newmont Corp (NEM) by 15.2%, from 193,950 shares in Q3 2022 to 198,950 shares in Q4 2022. The value of these shares increased from $8,152,000 to $9,390,000, a significant increase of 15.2%. Newmont Corp is one of the world's leading gold producers, with operations in the United States, Australia, Canada, Ghana, Peru, and Suriname.

Finally, Forest Hill Capital LLC significantly decreased its shares in Air Transport Services Group Inc (ATSG) by 19.1%, from 95,950 shares in Q3 2022 to 105,950 shares in Q4 2022. The value of these shares decreased from $2,311,000 to $2,752,000, a decrease of 19.1%. Air Transport Services Group Inc operates in the air cargo transportation and logistics industry and provides aircraft leasing services to airlines worldwide.

In conclusion, the 13F filings provide us with a glimpse into the portfolio of institutional investors like Forest Hill Capital, LLC. While investors cannot simply mimic holdings without comprehending the investment thesis, the insights into the movements of big players is very useful to inform our investment decisions.