Investment firm Riverpark's 13F Holdings: A Review of Q3 2022 vs. Q4 2022

The end of a quarter is an important time for investors, as companies are required to report their holdings to the SEC. Riverpark Capital Management LLC, a New York-based investment firm, recently released its Q3 2022 vs. Q4 2022 13F Holdings Comparison. This report outlines the changes in the firm's holdings over the past quarter.

In this report, we'll highlight some of the most significant changes in Riverpark's holdings, discussing the new additions to the portfolio and the companies that have fallen out of favor.

New Additions

One of the most significant new additions to the Riverpark portfolio is Meta Platforms Inc. (META). This social media giant, formerly known as Facebook, has been a hot topic in the news lately due to concerns over its business practices. However, Riverpark seems to be bullish on the future of the company, adding over 13,000 shares between Q3 and Q4.

Another notable addition is Charles Schwab Corp (SCHW). Riverpark added over 55,000 shares of the investment brokerage firm, indicating confidence in its future prospects.

Companies that Have Fallen Out of Favor

Riverpark also made some significant reductions to its holdings over Q3 and Q4. One of the most notable is Booking Holdings Inc. (BKNG), the parent company of popular travel booking sites like Booking.com and Kayak. Riverpark reduced its holdings by almost 1100 shares, or 38%, indicating that it may not be as optimistic about the future of the travel industry as it once was.

Another company that Riverpark reduced its holdings in is Five9 Inc. (FIVN), a cloud-based call center software provider. Riverpark sold over half of its Five9 shares, suggesting that it may have changed its opinion on the growth potential of the company.

Other Notable Changes

Riverpark also made significant changes to its holdings in a few other companies. Microsoft Corp. (MSFT), Apple Inc. (AAPL), and Amazon.com Inc. (AMZN) all saw reductions in their holdings, likely due to the recent antitrust scrutiny these companies have faced.

On the flip side, Ride-hailing giant Uber Technologies Inc. (UBER) saw a significant increase in its holdings, with Riverpark adding over 137,000 shares.

Conclusion

Overall, Riverpark Capital Management LLC's Q3 2022 vs. Q4 2022 13F Holdings Comparison shows that the investment firm has been making some significant changes to its portfolio. While Riverpark has added some companies that it thinks have a bright future, it has also reduced its holdings in several other companies. As always, investors should do their research and make their own decisions when it comes to buying and selling stocks.