Analyzing 1492 Capital Management LLC's Q3 vs. Q4 2022 13F Holdings

Investment management companies are always on the lookout to add some value to their clients' portfolios. 1492 Capital Management LLC is no different. This top-performing investment management company recently released its Q3 vs. Q4 2022 13F holdings. In this blog, we'll take a deep dive into the changes in the company's portfolio, the reasons behind these changes, and the potential implications for investors.

First, let's give a brief introduction to 1492 Capital Management LLC. It is a privately-held investment management company, headquartered in New York City, that provides a platform for investment managers to grow and develop their business. The company's unique approach to investing has helped it achieve significant growth, even in a volatile market. 1492 Capital Management LLC's Q3 vs. Q4 2022 13F holdings analysis provides a glimpse into how the company is adapting to today's market conditions.

From the holdings data in the chart, it is apparent that the company's holdings underwent widespread changes in Q4 2022. In total, the company's Q4 2022 13F report listed 58 holdings, with a total value of $104.4 million, compared to the 55 positions with a value of $101.4 million in the previous quarter.

One of the significant changes in the company's holdings was the reduction of holdings in SM Energy Co (SM). The company maintained its position as a top-performing holding in Q3 2022, with 65,299 shares valued at $2,456,000. However, in Q4 2022, the company sold 58,981 shares of SM Energy Co, bringing the total number of shares held down to 10,628, and the total value down to $3,701,000.

Another significant change in holdings was the addition of a new position in Horizon Therapeutics Pub L (HZNP). In Q3 2022, the total number of shares held by the company in HZNP was 119,836, with a total value of $7,417,000. However, in the succeeding quarter, the company decreased its position to 118,225 shares, worth $13,454,000, a 81.4% increase in value.

In Q4 2022, the company invested $4,000,000 in Copa Holdings SA (CPA), a Panamanian airline holding company, which was not present in the previous quarter's 13F filings. The company also divested LS Industries Inc. (LXU), which it held at 134,388 shares, with a value of $1,787,000 in Q3, but is not present in Q4's 13F filings.

In conclusion, 1492 Capital Management LLC's Q3 vs. Q4 2022 13F holdings analysis reveals the company's investment approach's adaptability and flexibility in the ever-changing world of financial markets. Sellers in Q4, such as SM Energy Co, and acquisitions such as Copa Holdings, HZNP, and Zeta Global Holdings Corp (ZETA), have played an integral role in maintaining the company's balance while meeting its investment goals.