"Insights into Investment Strategy from HCSF Management, LLC's 13F Filing"

HCSF Management, LLC is a registered investment advisor that manages hedge funds and equity portfolios. As per its recent filing, the company has disclosed its quarterly holdings in its 13F form. This provides us with valuable insight into the investment strategy of HCSF Management, LLC.

The 13F filing reveals that HCSF Management, LLC held 5 stocks in Q2 2022 and Q3 2022. The biggest change in holdings was related to IMXI, where HCSF Management, LLC reduced its holdings by 28.9% - from 1,364,151 shares in Q2 2022 to 871,251 shares in Q3 2022. The value of these shares also decreased from $27,924,000 in Q2 2022 to $19,856,000 in Q3 2022. This suggests that HCSF Management, LLC may have lost confidence in the stock's future prospects.

Another stock that saw a notable increase in HCSF Management, LLC's holdings was OOMA INC, rising from 893,819 shares in Q2 2022 to 946,468 shares in Q3 2022, a 10% increase. The value of these shares also increased from $10,583,000 in Q2 2022 to $11,642,000 in Q3 2022. This indicates that HCSF Management, LLC may be bullish on the company's future.

In addition, MODINE MFG CO saw an increase in the value of its shares in HCSF Management, LLC's portfolio, from $8,319,000 in Q2 2022 to $10,223,000 in Q3 2022, an increase of 22.9% percent. However, the number of shares held by HCSF Management, LLC remained unchanged at 790,000. This suggests that HCSF Management, LLC may consider MODINE MFG CO to be undervalued, hence increasing the value of its holdings in the company.

One stock that saw a decline in value in HCSF Management, LLC's portfolio was GRANITE CONSTR INC. Its value fell from $2,547,000 in Q2 2022 to $2,219,000 in Q3 2022, a decrease of 12.9%. The number of shares held by HCSF Management, LLC remained unchanged at 87,395. This suggests that HCSF Management, LLC may have become bearish on GRANITE CONSTR INC's future prospects.

Lastly, HCSF Management, LLC had holdings of 102,246 shares of EHEALTH INC in both Q2 2022 and Q3 2022. However, the value of these shares decreased from $954,000 in Q2 2022 to $400,000 in Q3 2022, a reduction of 58.1%. This suggests that HCSF Management, LLC may have lost confidence in the stock's potential.

In conclusion, HCSF Management, LLC's 13F filing provides an insight into its investment strategy. While the firm has made some changes to its portfolio, these changes are not significant. For instance, its holdings remained largely unchanged, with only a few significant changes in the share value or the number of shares held. The changes in holdings imply the company's confidence or lack thereof in the future growth potential of the stocks in which it has invested.