Greenwood Capital Associates LLC Q3 2022 vs. Q4 2022: A Comprehensive Review of 13F Holdings Changes

Greenwood Capital Associates LLC recently filed their 13F form with the SEC, detailing their holdings as of the end of Q3 2022 and Q4 2022. The 13F form is a quarterly report that institutional investment managers with assets worth over $100 million must submit to the SEC, showing their US equity holdings. From the filing, we can see the changes in their holdings during the period. In this article, we will delve into the changes and analyze how it affects the fund.

In total, the number of shares dropped from 2,282,648 to 2,272,853, a decrease of 0.43%. The total value of the holdings increased slightly from $235,006,801 to $237,719,240, a rise of 1.15%. This might not seem like significant changes, but to an institutional investment manager like Greenwood Capital Associates LLC, even a small percentage change can have a considerable impact on their portfolio.

One of the significant gains in shares for Greenwood Capital Associates LLC was in Dropbox Inc (DBX). They increased their shares by 12,089, resulting in a 2.96% increase in their total holdings value. Another significant gain was in Spotify Technology (SPOT). They increased their shares by 32,719, resulting in an almost 58% increase in their total holdings value.

However, not all of their investments performed as well. One significant loss was in Walt Disney Co (DIS). They reduced their shares by 6,288, resulting in a 12.7% decrease in their total holdings value. Another company that experienced significant losses was Western Digital Corp (WDC). They reduced their shares by 35,415, resulting in a 25.9% decrease in their total holdings value.

One of the notable investments for Greenwood Capital Associates LLC was in Ishares Trust (AGG). They held 113,776 shares in AGG during Q3 2022, and this decreased slightly to 113,748 shares in Q4 2022. However, the value of their investment was relatively unchanged, reflecting a 0.7% decrease. Another significant investment was in iShares TR (PFF). In Q4 2022, they held 228,611 shares, reflecting a 2.3% decrease from Q3 2022.

Greenwood Capital Associates LLC also experienced significant gains and losses in the technology sector. They increased their shares in Cisco Systems Inc (CSCO) by 2,361, resulting in almost an 18% gain in their total holdings value. However, they also reduced their shares in Intel Corp (INTC) by 58,600, resulting in a 17.1% decrease in their total holdings value.

In conclusion, the changes in holdings for Greenwood Capital Associates LLC during Q3 2022 and Q4 2022 reflect diversification in their portfolio, with some gains and some losses. Overall, it appears that the fund is holding steady, with an increase in their total holdings value reflecting a positive trend. As with any investments, past performance is not a guarantee of future success, and Greenwood Capital Associates LLC will continue to monitor their holdings and make changes where necessary.