Investing Insights: Marathon Partners' Q3 2022 vs. Q4 2022 13F Holdings Comparison

Marathon Partners Equity Management, LLC is known for its exclusive and concentrated investment strategy. The hedge fund manages about $1.7 billion in assets, with a focus on value investments. Recently, the firm released its 13F filings for Q3 2022 and Q4 2022, giving us an insight into their latest investment moves.

In this blog post, we will delve into the changes in holdings of Marathon Partners between Q3 2022 and Q4 2022. We will discuss the top buys, sells, and holds of the fund, along with our analysis of their investment decisions.

Top Buys

Marathon Partners initiated a position in Uber Technologies Inc (UBER) during Q3 2022, buying 395,000 shares worth $10.4 million. However, in Q4 2022, the fund sold a major chunk of its holding in UBER, dumping 110,000 shares. The hedge fund added to its position in PayPal Holdings Inc (PYPL) during Q4 2022, buying an additional 54,750 shares. The firm also initiated a small position in Take-Two Interactive Software Inc (TTWO) during Q4 2022, buying 8,500 shares.

Top Sells

Marathon Partners reduced its position in PayPal Holdings Inc (PYPL) during Q4 2022, selling 11,250 shares worth $0.8 million. The fund also sold its entire position in IAA Inc (IAA) during Q4 2022, selling 130,000 shares worth $4.1 million. Additionally, the hedge fund sold its entire position in Valvoline Inc (VVV) and Gamco Investors Inc (GAMI) in Q4 2022.

Top Holds

During both Q3 2022 and Q4 2022, Marathon Partners held a significant stake in Vita Coco Co Inc (COCO), maintaining a position of 490,000 shares. The firm also held a steady position in Remitly Global Inc (RELY) during both quarters, holding 352,500 shares worth $3.9 million.

Conclusion

Marathon Partners Equity Management, LLC made notable investment decisions during Q3 2022 and Q4 2022. The fund added to its holding in PayPal Holdings Inc (PYPL) while initiating a position in Take-Two Interactive Software Inc (TTWO). However, the hedge fund also trimmed its position in Uber Technologies Inc (UBER) and sold its entire position in IAA Inc (IAA), Valvoline Inc (VVV), and Gamco Investors Inc (GAMI).

The fund's biggest holding remains in Vita Coco Co Inc (COCO) with 490,000 shares worth $6.8 million. It will be interesting to see if the fund continues to hold or reduce its stake in the company in the coming quarters. Overall, Marathon Partners' investment strategy is worth keeping an eye on, and investors can learn from their moves.