Mason Capital Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

As an investor or someone interested in the stock market, you are always on the lookout for the latest news and trends. Keeping track of the holdings of the top investors can be a good starting point for making informed investment decisions. In this blog post, we will discuss the changes in holdings of Mason Capital Management LLC from Q3 2022 to Q4 2022, based on the latest 13F filing with the Securities and Exchange Commission (SEC).

Mason Capital Management LLC is a New York-based hedge fund founded in 2000 by Kenneth G. Tropin. The firm manages around $6.3 billion in assets, and its investment strategy focuses on global event-driven and equity long/short strategies. The 13F filing for Q3 2022 showed the fund’s top holdings were in SPDR Gold Tr, Weatherford International Pl, and Geo Group Inc. Let's take a closer look at the changes in the top holdings in this latest filing.

SPDR Gold Tr

In the Q4 2022 filing, Mason Capital revealed a new position in SPDR Gold Tr, acquiring 2.3 million shares worth $378,172. This represents a significant increase from the previous quarter, where the firm did not hold any shares in the company. SPDR Gold Tr is an ETF that tracks the price of gold bullion, making it an attractive investment option in times of economic uncertainty. Mason Capital's decision to invest in the ETF could be viewed as a hedge against market volatility.

Weatherford International Pl

In the Q3 2022 filing, Mason Capital had a total of 1.7 million shares in Weatherford International Pl, valued at $55,869. However, in the Q4 2022 filing, the firm lowered its holdings to 1.3 million shares, valued at $66,255, representing a decrease of 18.6%. Weatherford International Pl is an oil and natural gas services company that has been experiencing a decline in its share price due to a decrease in demand for oil during the pandemic.

Geo Group Inc

Mason Capital increased its holdings in Geo Group Inc by 46.6%, acquiring 163,160 more shares than in the previous quarter. The firm now holds a total of 5.4 million shares, worth $59,164, up from 5.2 million shares, worth $40,348, in Q3 2022. Geo Group Inc is a real estate investment trust that specializes in the management of correctional, detention, and community reentry facilities. The increase in holdings could indicate Mason Capital's positive outlook on the company's long-term growth potential.

Clear Channel Outdoor Hldgs

Mason Capital lowered its holdings in Clear Channel Outdoor Hldgs by 23.4%, from 21,259,625 shares in Q3 2022 to 22,322 shares in Q4 2022. Clear Channel Outdoor Hldgs is an outdoor advertising company that has been negatively impacted by the pandemic. The drop in holdings suggests that Mason Capital may no longer view the company as an attractive investment opportunity.

Conclusion

In summary, Mason Capital's 13F filing for Q4 2022 shows that the fund has made significant changes to its holdings in several companies, including adding a new position in SPDR Gold Tr and increasing its holdings in Geo Group Inc. It has also decreased its holdings in Weatherford International Pl and Clear Channel Outdoor Hldgs. While the filings offer insights into the investment strategies of top hedge funds, it is important to remember that they are only a snapshot of their holdings at a specific point in time. Investors should conduct extensive research before making any investment decisions.