Thb Asset Management's Q3-Q4 2020 Holdings: Notable Changes in Stocks and Investments

Thb Asset Management Q3 2020 vs. Q4 2020 13F Holdings Comparison

Thb Asset Management is a wealth management firm that manages portfolios for high net worth individuals, endowments, and other institutional investors. The firm's investment strategy includes fundamental and quantitative research, and their holdings are closely watched for clues about the state of the markets. In this post, we'll take a closer look at the changes in holdings of Thb Asset Management between Q3 2020 and Q4 2020.

The comparison of Thb Asset Management's Q3 and Q4 holdings is presented in the table above. The table lists the stock symbols of the companies held by the firm, the names of the companies, the option type (if applicable), the number of shares held in Q3 and Q4, the value of the shares in Q3 and Q4, and the change percentage.

The table shows that Thb Asset Management made several changes to its portfolio during the Q3 to Q4 period. We see that the firm decreased its holdings in 22 companies, while increasing its positions in 16. Overall, the firm's holdings decreased in value by 1.2% from $261,337,000 to $258,146,000.

One of the notable changes in the firm's portfolio was the 78.5% increase in its position in Guess Inc. (GES). The firm held 626,791 shares of GES in Q3, which increased to 574,598 shares in Q4. The value of the shares also increased from $7,283,000 in Q3 to $12,997,000 in Q4. According to data from Market Watch, GES's stock price increased by 25.86% during Q4 2020, which could be one of the reasons for the increase in Thb Asset Management's position.

Another notable change was the 112.9% increase in the firm's holdings in Hyster Yale Materials (HY). The firm held 111,808 shares of HY in Q3, which increased to 148,495 shares in Q4. The value of the shares increased from $4,153,000 in Q3 to $8,842,000 in Q4. According to data from Yahoo Finance, HY's stock price increased by 115.06% during Q4 2020, which could be one of the reasons for the increase in Thb Asset Management's position.

Thb Asset Management also made significant reductions in its holdings during the Q3 to Q4 period. For example, the firm reduced its position in America's Car-Mart Inc. (CRMT) by 38.3%. The firm held 50,940 shares of CRMT in Q3, which decreased to 39,737 shares in Q4. The value of the shares also decreased from $4,323,000 in Q3 to $4,364,000 in Q4. The reasons for the reduction in Thb Asset Management's position in CRMT are not clear, but Yahoo Finance data shows that the stock price decreased by 10.43% during Q4 2020.

Another significant reduction was the 58.4% decrease in the firm's holdings in Altra Industrial Motion (AIMC). The firm held 137,545 shares of AIMC in Q3, which decreased to 38,209 shares in Q4. The value of the shares decreased from $5,085,000 in Q3 to $2,117,000 in Q4. According to Yahoo Finance, the stock price decreased by 0.47% during Q4 2020.

In conclusion, Thb Asset Management made several changes to its portfolio during the Q3 to Q4 period. The firm increased its position in some companies, while reducing its holdings in others. The changes in holdings were driven by a combination of factors, including stock price movements, company performance, and changes in the overall market conditions. While the firm's holdings decreased in value during the period, the changes made by the firm suggest that Thb Asset Management remains active in the management of its portfolios.