Investment Insights: Comparing Springowl Associates LLC's Q2 and Q3 2021 Holdings

As we step into the second half of 2021, investors are wondering about the market outlook and strategies for maximizing returns. Naturally, one area of focus is the performance of investment funds, particularly those that have a track record of strong returns. Springowl Associates LLC is one such fund that has been making its mark in the industry. In this blog post, we will analyze the Q2 and Q3 2021 holdings of the fund and provide insightful commentary on the changes.

Springowl Associates LLC Q2 2021 vs. Q3 2021 13F Holdings Comparison

Upon reviewing the data, it is clear that Springowl Associates LLC has been making significant changes to its portfolio between Q2 and Q3 2021. The most striking observation is the complete sell-off of the shares of ViacomCBS Inc (PARA) and the divestment of all holdings in Intel Corp (INTC), Micron Technology Inc (MU), and MP Materials Corp (MP). The fund's disposal of these shares has led to zero Q3 2021 holdings and a -100% change percentage.

The fund's reshuffle was also characterized by a reduction in the number of shares held in Accolade Inc (ACCD) and Gray Television Inc (GTN), with a decrease of 22.4% and an increase of 8.2%, respectively, in share value. Conversely, we observed an increase in the number of shares held in Dole PLC (DOLE), Extreme Networks Inc (EXTR), Facebook Inc (META), and Tigo Millicom Intl Cellular S A (TIGO) by 100%, 11.7%, 13%, and 39.9%, respectively.

Furthermore, the fund added to positions in Melco Resorts and Entmnt LTD (0A2P.IL), Western Digital Corp. (WDC), and Kar Auction Svcs Inc (KAR) with an increase of 61.2%, 7.5%, and 24.2% in Q3 2021, respectively. The fund also acquired new holdings in Liberty Latin America LTD (LILAK) in Q3 2021 with no change in share value.

Implications for Investors

It is interesting to note that Springowl Associates LLC has diversified its portfolio by selling off shares in some companies and acquiring new holdings in others. Although the fund's decision to dispose of shares in companies such as ViacomCBS Inc and Intel Corp, Micron Technology Inc, and MP Materials Corp appears risky, it may indicate the fund's strategy to take gain in the current market climate.

As an investor, you may want to monitor the fund's future moves to assess their approach to investing further. Furthermore, the changes in the holdings of Dole PLC, Extreme Networks Inc, Facebook Inc, and Tigo Millicom Intl Cellular S A highlight the sectors that the fund considers promising. As such, you may consider investing in these sectors or even some of the companies mentioned if you believe these have growth potential.

Conclusion

Springowl Associates LLC has made significant changes to its portfolio in Q3 2021, acquiring new holdings and disposing of some shares. The fund's decision indicates its strategy for taking gain in the current market climate, which may be beneficial for investors. However, investors should make their own decisions after considering their investment objectives and conducting thorough research.