Investing with Menta Capital LLC: A Look at Q1 2019 vs. Q2 2019 Holdings

As an investor, understanding the buying and selling decisions of hedge funds can offer valuable insight into potential profitable opportunities in the stock market. In this article, we will take a look at Menta Capital LLC's Q1 2019 vs. Q2 2019 13F Holdings comparison and analyze the changes in their holdings.

Menta Capital LLC is a California-based hedge fund that primarily invests in technology and healthcare stocks. The company's portfolio is managed by founder and portfolio manager, Gonzalo Garcia-Perate, who has over 20 years of experience in the financial industry.

Q1 2019 vs. Q2 2019

In the table above, we can see how Menta Capital LLC's holdings have changed from Q1 2019 to Q2 2019. The table includes the issuer name, option type, shares held in Q1 2019 and Q2 2019, value in thousands for Q1 2019 and Q2 2019, and the percentage change.

One of the biggest changes in Menta Capital LLC's portfolio was the addition of SunCoke Energy Inc. The company bought 185,450 shares, valued at $1.6 million in Q2 2019. Other new additions included Taro Pharmaceutical Industries Ltd and Advanced Disposal Services Inc.

Menta Capital LLC also increased their holdings in a few companies, including Starbucks Corp, Tractor Supply Co, and Premier Inc. Starbucks Corp was one of the top holdings in Q2 2019, with Menta Capital LLC owning 16,028 shares, valued at over $1.3 million.

On the other hand, Menta Capital LLC sold out completely or substantially reduced their holdings in some companies. This includes Designer Brands Inc, Macy's Inc, and National Storage Affiliates.

Conclusion

Changes in a hedge fund's 13F filings can offer insights into the fund's market outlook and overall investment strategy. The additions and reductions to Menta Capital LLC's portfolio highlight their desire to expand their holdings in the energy sector while also focusing on healthcare and technology stocks.

However, it's essential to keep in mind that 13F filings are only released quarterly, meaning these changes may have already taken place or could still be happening. It's vital to conduct further research to identify profitable investment opportunities in the market.