Peregrine Capital Management LLC 13F Holdings: Q3 2022 vs. Q4 2022

As the third quarter of 2022 draws to an end, investors are eagerly awaiting updates on the Q3 2022 13F filings of top institutional investors. One such investor, Peregrine Capital Management LLC, recently released its latest 13F filing, which compares its holdings for Q3 2022 and Q4 2022. In this blog post, we'll be delving into Peregrine Capital Management LLC's 13F holdings and exploring some of the notable changes between the two quarters.

Introduction

Peregrine Capital Management LLC is a Minneapolis-based investment management firm that specializes in small and mid-cap investing. The firm was founded in 1984 and has since then grown to manage over $4.2 billion in assets under management. Peregrine Capital Management focuses on bottom-up fundamental research to identify quality growth companies with strong management teams and sustainable competitive advantages.

In this blog post, we'll be analyzing Peregrine Capital Management LLC's Q3 2022 vs. Q4 2022 13F holdings.

Q3 2022 vs. Q4 2022 13F Holdings

Peregrine Capital Management LLC reported a total portfolio value of $3.3 billion in Q3 2022, which decreased to $3.1 billion in Q4 2022. The total number of holdings also decreased from 152 to 146 between the two quarters.

One of the most notable changes in the portfolio was the increased holdings of DEXCOM (DXCM). Peregrine Capital Management LLC's holdings in DXCM increased by 42.8% from 568,682 shares in Q3 2022 to 577,499 shares in Q4 2022. Another significant increase was in the holdings of EXACT SCIENCES CORPORATION (EXAS), which increased by 109.7%, from 440,017 shares in Q3 2022 to 605,456 shares in Q4 2022.

On the flip side, Peregrine Capital Management LLC reduced its holdings in Amazon.com Inc (AMZN) by 24.4%, from 812,727 shares in Q3 2022 to 827,058 shares in Q4 2022. Notably, Peregrine Capital Management LLC no longer holds any shares of Snowflake Inc. Class A (SNOW), as all 180,455 shares held in Q4 2022 were newly acquired after Q3 2022.

Other notable changes include a 38.8% increase in the holdings of Planet Fitness Inc Class A (PLNT), a 31.4% increase in the holdings of Wabash National (WNC), a 28.8% increase in the holdings of Taylor Morrison Home (TMHC), and a 23.5% increase in the holdings of GATX Corporation (GATX).

Conclusion

In conclusion, Peregrine Capital Management LLC made some notable changes in its portfolio during Q3 2022 and Q4 2022, with some holdings being reduced while others were increased. The investment management firm continues to focus on quality growth companies with strong management teams and sustainable competitive advantages. As always, investors should conduct their own research and analysis before making any investment decisions.