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Pope Asset Management's recent 13F Holdings report reveals significant changes in investment strategy over the last year.

Ava Hoppe | 21 April, 2023

Pope Asset Management, LLC is a well-known asset management company that manages investments in public equity markets. The company has recently released its 13F Holdings report, which details the changes in holdings of the company between Q4 2017 and Q3 2018. The report provides valuable insights into how the investment strategies of Pope Asset Management have changed over the last year.

The first thing that immediately strikes the eye when looking at the report is the significant changes in holdings of some of the companies. For instance, Pope Asset Management's holdings in Regal Petroleum Plc Shs decreased from 27,683,878 to 22,068,339 shares, representing a 365.5% decline in value. In contrast, holdings in Full Apex Holdings Ltd. Shs increased from 6,578,050 to 6,590,450 shares, representing a 73.7% increase in value.

Interestingly, the data also reveals that the overall value of Pope Asset Management's holdings increased by 6.3% over the last year, from $152.7 million in Q4 2017 to $162.3 million in Q3 2018. This suggests that the company has been able to make strategic investments that have paid off in the long term.

One of the other major changes highlighted in the report is the shift in holdings of Pope Asset Management in the Oil & Gas sector. Holdings in Conocophillips Nfs Llc Is and ChevronTexaco Corp remained unchanged, while the value of Pope Asset Management's holdings in Exxon Mobil Corporation increased slightly from $292,000 to $297,000.

However, the most significant change was in the value of the company's holdings in Kingboard Copper Foil Hldgs Or, which decreased from $10.7 million to $396,000, a mind-boggling 96.3% decline in value. This could be because the company experienced financial turmoil, or because Pope Asset Management decided to shift its focus away from the manufacturing of copper foil.

The report also shows that Pope Asset Management's holdings in Sparebanken Vest Nok25 Grunnfo decreased from $2.1 million to $550,000, a massive 73.9% decline in value. In contrast, the company's holdings in Sparebanken Midt Norge decreased only slightly, from $2.7 million to $2.5 million.

In the pharmaceutical sector, Pope Asset Management's holdings in China Pharma Hldgs Inc Com decreased significantly from 1,673,218 to 0 shares. Holdings in Jiangbo Pharmaceuticals Inc, Yuhe Intl Inc Com, and Tianyin Pharmaceutical Co Inc remained unchanged.

Finally, the report reveals that Pope Asset Management's holdings in Sparebanken Ost Nok10 decreased from $913,000 to 0, representing a 100% decline in value. Similarly, the company's holdings in China Ritar Power Corp and Tethys Petroleum Ltd Com saw a decline in value, albeit a small one.

In conclusion, Pope Asset Management's 13F Holdings report provides valuable insights into how the company has adjusted its investment strategy over the last year. The data reveals that the company has made strategic investments that have paid off in the long term, but also highlights some notable declines in value in specific companies. Overall, the report demonstrates the company's ability to adjust its holdings to adapt to changes in the market and economic conditions.

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