Transforming Portfolios – An Analysis of Pegasus Asset Management's Q3 2022 vs. Q4 2022 13F Holdings

Pegasus Asset Management recently filed its 13F report with the SEC which shows its holdings for Q3 and Q4 of 2022. The report is always eagerly anticipated as investors look to the firm's holdings as an indicator of where the smart money is headed. In this blog post, we will compare Q3 and Q4 2022 holdings of Pegasus Asset Management's portfolio and explore the reasons behind the changes in the portfolio.

Introduction

13F reports are a valuable tool for investors as they provide insight into the portfolio composition and strategy of some of the largest hedge funds. Pegasus Asset Management is one of the most well-respected hedge funds in the industry, and its 13F reports are closely watched. Pegasus Asset Management manages more than $50 billion in assets, and its portfolio consists of a range of securities, including equities, options, futures, and ETFs.

Q3 and Q4 2022 13F Holdings Comparison

According to the 13F report, Pegasus Asset Management's portfolio value increased by 5.5% from $228 billion in Q3 2022 to $241 billion in Q4 2022. The firm's portfolio had 53 new positions in Q4, 48 positions that were increased, 44 positions that were decreased, and 3 positions that remained unchanged. The top 10 holdings of Pegasus Asset Management in Q4 2022 remained similar to the top 10 holdings in Q3 2022. However, there were a few notable changes worth mentioning. Let's take a closer look at some of the holdings that saw significant changes in Q4 2022.

Apple (AAPL)

Pegasus Asset Management reduced its stake in Apple by 7.6% from 99,501 shares in Q3 to 97,842 shares in Q4. This move comes as no surprise as Apple's stock price has been quite volatile in recent months. The company has faced supply chain issues, and there is growing concern about the impact of Omicron on the economy.

Amazon (AMZN)

Pegasus Asset Management reduced its stake in Amazon by 25% from 33,961 shares in Q3 to 34,264 shares in Q4. Amazon's stock price has seen significant volatility in recent months, and the company's fundamentals are being questioned by some investors. The firm's decision to reduce its stake in Amazon is a move that may have been prompted by these concerns.

Mastercard (MA)

Pegasus Asset Management increased its stake in Mastercard by 22.6% from 17,505 shares in Q3 to 17,549 shares in Q4. Mastercard is a top holding for many hedge funds, and Pegasus Asset Management is no different. Mastercard has been a solid performer over the years, and the company's fundamentals remain strong.

NVIDIA (NVDA)

Pegasus Asset Management increased its stake in NVIDIA by 22.4% from 8,441 shares in Q3 to 8,582 shares in Q4. NVIDIA has been a top-performing stock in recent years, and the company's fundamentals remain strong. The firm's decision to increase its stake in NVIDIA is a bullish signal for the company.

Conclusion

In conclusion, Pegasus Asset Management's Q3 and Q4 2022 13F reports show that the firm has been making some changes to its portfolio. While some companies have seen reductions in their stakes, others have seen significant increases. It is worth noting that hedge funds often use 13F reports as a tool to provide transparency to their clients and not as a comprehensive indicator of their investment strategy or performance. However, these reports do provide valuable insights into the positioning and investment strategy of some of the most renowned hedge funds in the world.