Investing in Q3 2022 vs. Q4 2022: The Monetta Financial Services Inc 13F Holdings Comparison

The world of investing can be tricky to navigate, with so many companies to choose from and so much data to sift through. This is why many investors opt to use 13F filings to guide their investment decisions. These filings are submitted by hedge funds and other large institutional investors to the Securities and Exchange Commission (SEC) quarterly, revealing their holdings in various publicly traded companies.

One such fund is the Monetta Financial Services Inc, which recently submitted their 13F filings for Q3 2022 and Q4 2022. In this article, we will compare their holdings for these two quarters and examine the changes they made.

The Monetta Financial Services fund had holdings in a total of 42 companies in Q3 2022, with a total value of $56,870,000. In Q4 2022, they reduced their holdings to 35 companies, with a total value of $50,992,000. This reduction amounts to a decrease of approximately 10 percent.

One of the most significant changes in their holdings was the decrease in their investment in Amazon.com Inc (AMZN). In Q3 2022, Monetta Financial held 54,000 shares of the company, with a value of $6,102,000. However, in Q4 2022, they reduced their holdings to 51,500 shares, with a value of $4,326,000. This decrease in shares represents a loss of 29.1 percent of their investment in the company.

Another notable change is the decrease in their investment in Alphabet Inc (GOOG). In Q3 2022, Monetta Financial held 62,000 shares of the company, with a value of $5,961,000. However, in Q4 2022, they reduced their holdings to 58,000 shares, with a value of $5,146,000. This decrease in value represents a loss of 13.7 percent of their investment in the company.

On the flip side, some companies saw an increase in their investment. JPMorgan Chase & Co (JPM) saw an increase in both shares and value, with Monetta Financial holding 30,000 shares in both Q3 2022 and Q4 2022. However, the value of their investment increased from $3,135,000 in Q3 2022 to $4,023,000 in Q4 2022, representing an increase of 28.3 percent.

Another company that saw an increase in their investment is Starbucks Corporation (SBUX). In Q3 2022, Monetta Financial held 10,500 shares of the company, with a value of $885,000. In Q4 2022, they increased their holdings to 10,500 shares, with a value of $1,041,000. This increase in value represents a gain of 17.7 percent.

In conclusion, the Monetta Financial Services Inc fund made some significant changes to their holdings from Q3 2022 to Q4 2022. While they reduced their holdings by approximately 10 percent, they made some strategic increases in some companies, such as JPMorgan Chase & Co and Starbucks Corporation. At the same time, they reduced their investment in companies such as Amazon.com Inc and Alphabet Inc. These changes indicate a shifting investment strategy for the fund, which investors should take note of if they are considering investing in these companies.