The Rise and Fall: How Garnet Equity Capital Holdings Inc. Q3 2022 Changed Its Portfolio

Investment firms are always on the lookout for new investment opportunities. Garnet Equity Capital Holdings Inc. is no exception. The company recently released its Q3 2022 holdings, which show significant changes in its portfolio compared to the Q4 2022 holdings. In this article, we'll take a closer look at the changes and what they mean for the company.

SPDR S&P 500 ETF TR - The Largest Holding

The SPDR S&P 500 ETF TR overtook all other holdings to become the largest holding of Garnet Equity Capital Holdings Inc. Q3 2022 with 2800 shares valued at $2,448,000. However, the story changed in Q4 2022 as the firm increased its holdings significantly to 240,000 shares worth $91,783,000, representing a 3649.3% increase.

MAXAR TECHNOLOGIES INC - A Call Option

Garnet Equity Capital Holdings Inc. didn't hold any shares of MAXAR TECHNOLOGIES INC in the third quarter of 2022. However, as of Q4 2022, they hold 200,000 shares derived from a call option, indicating some level of optimism in the company's growth prospects.

RADIUS GLOBAL INFRASTRCTRE I - Significant Increase in Holdings

Garnet Equity Capital Holdings Inc. Q3 2022 held 485,223 shares of RADIUS GLOBAL INFRASTRCTRE I worth $4,571,000. The firm, however, increased its holdings in Q4 2022 to 585,223 shares valued at $6,917,000, indicating a 51.3% increase in holdings.

BWX TECHNOLOGIES INC - Tremendous Growth

BWX TECHNOLOGIES INC is another company that saw tremendous growth in its holdings in Q4 2022. Garnet Equity Capital Holdings Inc. increased its holdings from 57,291 shares worth $2,886,000 in Q3 2022 to 91,791 shares worth $5,331,000 in Q4 2022, indicating an 84.7% increase in holdings.

DIGITALBRIDGE GROUP INC - A Slight Increase

Garnet Equity Capital Holdings Inc. increased its holdings in DIGITALBRIDGE GROUP INC by 65,000 shares in Q4 2022, representing a 3.5% increase in holdings. The company held 353,952 shares valued at $4,428,000 in Q3 2022, and the figure increased to 418,952 shares worth $4,583,000 in Q4 2022.

FLEX LTD - A Decrease in Holdings

FLEX LTD is one of the companies in Garnet Equity Capital Holdings Inc. portfolio that saw a decrease in holdings from 235,000 shares worth $3,915,000 in Q3 2022 to 195,000 shares worth $4,184,000 in Q4 2022, representing a 6.9% decrease in holdings.

GRIFFON CORP - Multiple Positions

Garnet Equity Capital Holdings Inc. held two positions in GRIFFON CORP in Q4 2022. One holding was 35,000 shares valued at $1,252,000, a 135.9% increase from Q3 2022 holdings of 18,000 shares worth $531,000. The other holding was a call option for 100,000 shares.

Conclusion

Garnet Equity Capital Holdings Inc. made significant changes to its portfolio between Q3 2022 and Q4 2022. By increasing its holdings in some companies and reducing holdings in others, the company aimed to achieve higher returns and reduce portfolio risk. The changes in holdings show the company's dynamic investment approach, which is necessary when seeking to maximize gains in the stock market.