Guardian Capital LP Q3 2022 vs. Q4 2022 13F Holdings: Top Gainers and Losers

The latest 13F filings reveal the top holdings of Guardian Capital LP in Q3 2022 and Q4 2022. The data provides insight into the assets the firm manages and the movements in the markets. In this article, we explore the top gainers and losers in the holdings and analyze the reasons behind the changes.

The quarterly report shows that Canadian Natural Resources Limited (CNQ.TO) had the highest percentage increase in holdings, with a 33.5% rise from 2,213,194 shares in Q3 2022 to 2,490,930 shares in Q4 2022. The company's value also increased from $103,572,000 in Q3 to $138,228,000 in Q4. The increase in holdings can be attributed to the strong performance of the energy sector, which was boosted by the global economic recovery and high demand for oil and gas.

Open Text Corp (OTEX) was another notable gainer, with its shares increasing from 1,583,402 in Q3 2022 to 2,840,029 in Q4 2022. This resulted in a staggering 99.9% growth in Q4, with the company's value rising from $42,074,000 to $84,093,000. The growth can be attributed to the strong demand for cloud-based solutions and the company's strategic acquisitions of Carbonite and Webroot.

In contrast, Nutrien Ltd (NTR.TO) experienced the largest decline in holdings, with its shares decreasing by 14.3% from 472,988 in Q3 2022 to 465,710 in Q4 2022. The value of the company also dropped from $39,657,000 to $33,975,000. The decline in holdings can be attributed to several factors, including the declining demand for fertilizers due to oversupply and the weakening of the agricultural sector caused by the COVID-19 pandemic.

Another notable loser was Celestica Inc (CLS.TO), with its shares decreasing by 37.1% from 1,481,921 in Q3 2022 to 925,556 in Q4 2022. The company's value also decreased from $12,554,000 to $10,423,000. The decline in holdings can be attributed to the impact of the pandemic on the supply chain, which resulted in disruptions and slowdowns in production and distribution.

Overall, the 13F filings of Guardian Capital LP reveal some interesting trends in the market, with strong growth in the energy and technology sectors and declines in the agricultural and manufacturing sectors. As always, investors need to analyze the trends and make informed decisions based on their risk tolerance and investment goals.