Harvest Capital Strategies' Q2 2019 vs. Q3 2019 - A Look into their Latest 13F Holdings

Harvest Capital Strategies LLC released their Q3 2019 13F holdings earlier this year, and comparison to the previous quarter's holdings shows a few key changes. Among some of the holdings that witnessed a significant increase in shares are Compass Minerals Intl Inc, Pilgrim's Pride Corp New, Brinker Intl Inc, Bunger Limited, and Ogenics Inc. On the other hand, there were some holdings that saw a decrease, including Tyson Foods Inc, Deere & Co, Tractor Supply Co, and Elanco Animal Health Inc. However, there are also a few intriguing outliers in the midst of these changes.

Compass Minerals Intl Inc's shares increased by a solid 9.2%, from 80,000 in Q2 2019 to 85,000 in Q3 2019, paired with a $406,000 increase in value. The same applies to Pilgrim's Pride Corp New, which showed an increase of 15,000 shares, resulting in a 45.1% increase in value. The shift in holdings in these companies indicates a good outlook, according to Harvest Capital Strategies, LLC.

Despite the seemingly growing consensus around animal welfare, Tyson Foods Inc's shares decreased from 60,000 to 57,000, a 1.4% drop in the number of shares owned, with a corresponding decrease in value by $66,000. Similarly, shares for Deere & Co decreased from 30,000 to 28,000, with a consequent 5% decrease in value, totaling a drop of $248,000. Also, Tractor Supply Co saw a reduction in shares from 39,409 to 42,000 in Q2 2019, and this resulted in an 11.4% decrease in the value of shares, which is equivalent to a monetary loss of $490,000.

Interestingly, investors witnessed a 10.3% increase in shares for Ogenics Inc. Notably, the market value for the number of shares remained relatively low at $720,000. Although Ogenics is generally considered a high-risk investment, Harvest Capital Strategies may see promise here.

Texas Roadhouse Inc.'s Q3 2019 shares displayed a shocker. The company represented 2.41% of the fund at the end of Q2 2019, only to represent 0% at the end of Q3 2019. No reasons were given for the divestment, but we do know that it was aggressive.

In conclusion, the report from Harvest Capital Strategies LLC shows a mixture of positive and negative changes in their Q3 2019 13F holdings compared to Q2 2019. The fund showed the greatest increases in Compass Minerals Intl Inc, Pilgrim's Pride Corp New, Brinker Intl Inc, Bunger Limited, and Ogenics Inc. Meanwhile, Tyson Foods Inc, Deere & Co, Tractor Supply Co, and Elanco Animal Health Inc lag behind. It’s worth keeping an eye on these companies as they may provide valuable insights on their respective industries' trends.