RiverPark Advisors, LLC Q3 2023 vs. Q4 2023: Analyzing Changes in Holdings

Have you ever wondered how investment firms manage their portfolios? One way is through Form 13F, a quarterly report that institutional investment managers with over $100 million in assets under management need to file with the Securities and Exchange Commission (SEC). In this blog post, we will delve into the changes in holdings of RiverPark Advisors, LLC Q3 2023 vs. Q4 2023, as captured in their 13F filing.

Microsoft Corporation (MSFT) is among the companies that RiverPark Advisors decreased its holdings in. In Q3 2023, they held 17,972 shares of MSFT, which decreased to 16,772 shares in Q4 2023. However, the value of their holdings increased from $5,674,000 to $6,306,000, reflecting a 11.1% increase in value.

Meta Platforms Inc (META), the parent company of social media giant Facebook, also experienced a decrease in holdings from Q3 2023 to Q4 2023. RiverPark Advisors held 20,373 shares of META in Q3 2023, which decreased to 17,239 shares in Q4 2023. Surprisingly, even with the decrease in shares, there was only a marginal decrease in value from $6,116,000 to $6,101,000 (-0.2%).

On the other hand, there were companies in which RiverPark Advisors increased their holdings. Apple Inc (AAPL) is one such company. In Q3 2023, they held 33,093 shares of AAPL, which increased to 30,350 shares in Q4 2023. The value of their holdings also increased from $5,665,000 to $5,843,000, representing a 3.1% growth.

Alphabet Inc (GOOGL), the parent company of Google, is another company that saw an increase in holdings. RiverPark Advisors held 35,270 shares of GOOGL in Q3 2023, which increased to 33,676 shares in Q4 2023. The value of their holdings also grew from $4,615,000 to $4,704,000, showcasing a 1.9% increase.

RiverPark Advisors increased their holdings in Visa Inc (V) as well. They held 15,974 shares of V in Q3 2023, which increased to 16,170 shares in Q4 2023. The value of their holdings also saw a significant increase from $3,674,000 to $4,209,000, indicating a 14.6% growth.

Booking Holdings Inc (BKNG) is another company in which RiverPark Advisors increased its holdings. In Q3 2023, they held 1,215 shares of BKNG, which increased to 1,127 shares in Q4 2023. The value of their holdings also increased from $3,747,000 to $3,997,000, reflecting a 6.7% growth.

These are just a few examples of the changes in holdings for RiverPark Advisors, LLC Q3 2023 vs. Q4 2023. It's intriguing to analyze the decisions made by investment firms and how they manage their portfolios. Understanding the fluctuations in holdings and their values provides us with valuable insights into the dynamics of the market.