Investing in Q1 2023: Analyzing Yorktown Management & Research Co Inc's 13F Holdings

Yorktown Management & Research Co Inc recently filed its 13F holdings for Q1 2023, revealing its latest portfolio updates. In this blog post, we will analyze the changes made by Yorktown Management & Research Co Inc and provide insights on whether these investments are worth considering.

Introduction

Taking a cue from investment firms, it is essential to keep a tab on the update of one's portfolio in ensuring that it stays updated with the market trends. Investors rely heavily on 13F filings, submitted to the Securities and Exchange Commission (SEC), as an indication of the portfolio health of firms. As such, this article will examine the changes in the holdings of Yorktown Management & Research Co Inc since Q4 2022.

Analysis

Looking at Yorktown Management & Research Co Inc's portfolio updates, the company sold its shares in Chico's FAS, Inc. (CHS), American Equity Investment Life Holding Co. (AEL), and SandRidge Energy, Inc. (SD) while buying shares in Driven Brands Holdings, Inc. (DRVN) and Cirrus Logic, Inc. (CRUS), among others.

Of the new investments, one company that has attracted a lot of attention with investors is Cirrus Logic, Inc. The firm appears to believe in the growth potential of this tech company and purchased more than 4,700 shares in Q1 2023. Cirrus Logic, Inc. is a major supplier of audio and voice semiconductors for smartphones and other mobile devices. These semiconductors use proprietary technology to optimize the audio signal chain and provide a high-quality audio experience.

Another notable investment is in Driven Brands Holdings, Inc., in which Yorktown Management & Research Co Inc acquired 16,000 shares. Driven Brands Holdings, Inc. is a car maintenance and repair franchisor known for multiple successful automotive aftermarkets brands such as Maaco, Meineke, and Take 5 Oil Change, among others.

On the other hand, Yorktown Management & Research Co Inc's divestment from Chico's FAS, Inc. (CHS), American Equity Investment Life Holding Co. (AEL), and SandRidge Energy, Inc. (SD) may indicate their unwillingness to hold on to these stocks due to low growth potential. While it's not always the case that firms withdraw investments from unhealthy firms, these three companies have had inconsistent growth potential over the years.

Conclusion

Investments in the companies mentioned in the Yorktown Management & Research Co Inc's 13F holdings require intensive research before considering. Several other factors such as global crises and mismanagement, in some cases, may lead to portfolio changes. Still, the overall portfolio presents good investment opportunities, ranging from the stability of VT Systems, Inc. (VT) and Meituan (MEITUAN-W stock exchange) to the undervalued stock of SandRidge Energy, Inc (SD). These holdings updates give a ray of light on the companies generating profits for the firm and, perhaps, creating some window for investors looking for new profitable investments in these companies.