Gmt Capital Corp Q3 2022 vs. Q4 2022: A Comprehensive Comparison of the Top Stock Holdings

Investment management firms and hedge funds are required to file quarterly reports disclosing their equity holdings using Form 13F. These reports provide a glimpse into the firm's portfolio, including the top holdings and the changes they made to their positions. In this article, we will analyze the Q3 and Q4 2022 holdings of Gmt Capital Corp, a renowned investment management firm, and compare the changes they made to their top holdings.

Delta Air Lines - Increasing Exposure Even Amid Crisis

Gmt Capital Corp increased its position by 41.5% in Delta Air Lines, making it their top holding in Q4, up from the second position in Q3. The firm purchased an additional 1,584,000 shares of the company, taking its position to 5,399,600 shares worth $177.43 million. Delta Air Lines is a major airline company that was severely hit by the pandemic-induced travel restrictions, but its stock has been performing well since the beginning of 2021.

Hudbay Minerals - A Steady Position

Hudbay Minerals remained the second most significant holding of Gmt Capital Corp for both Q3 and Q4, with the firm holding 31,653,920 shares worth $159.79 million. The mining company is engaged in the discovery, production, and marketing of non-ferrous metals such as copper, molybdenum, zinc, and gold.

Celanese Corp - Small Upside in Holding

The firm added 11,500 shares of Celanese Corp, a global technology and specialty materials company, this past quarter. It brought the total number of shares to 1,302,353, worth $133.15 million. The stock has gained 14.2% in value since Q3 after it announced robust Q3 2021 earnings on Oct 21st.

Travel + Leisure Co - A Significant Position Boost

Gmt Capital Corp took a bullish stance on the travel industry, adding 1,064,300 shares of Travel + Leisure Co. to boost their Q4 position to 3,651,641 shares worth $132.91 million. The firm's Q3 position stands at 2,687,341 shares worth $91.69 million. Travel + Leisure Co. reported a record-breaking third quarter and has been performing well on the back of strong travel demand.

WESCO International - A Strong Growth Outlook

Gmt Capital Corp purchased an additional 241,500 shares of Wesco International, a leading supplier of electrical, industrial, and communications products, during Q4. The boost took the firm's position to 894,200 shares worth $111.95 million. The company has been rapidly expanding its product offerings and is expected to perform well in the coming years.

Berry Global Group - Another Bullish Move

Gmt Capital Corp added 65,100 shares of Berry Global Group, a producer of plastic packaging products, this past quarter, increasing their holding to 1,739,776 shares worth $105.13 million. The stock has been performing well since the beginning of 2021 and has gained 34.9% in value.

Alphabet Inc. - A Popular Tech Holding

Alphabet Inc., the parent company of Google, has been a favorite of many hedge funds. Gmt Capital Corp increased its position in the company, adding 409,400 shares, taking its Q4 position to 1,008,200 shares worth $89.46 million. Analysts have been bullish on Alphabet because of the company's robust growth prospects.

Conclusion

In summary, Gmt Capital Corp increased its holdings in several notable companies during Q4 2022, with Delta Air Lines and Travel + Leisure Co. being the most significant. The firm has taken a bullish stance on the travel industry, with Hudbay Minerals and Celanese Corp. being the other top holdings. Alphabet Inc. remains its favored tech holding. Investors can track the quarterly reports of investment firms like Gmt Capital Corp to identify winning stocks and make informed decisions about their portfolio.