Analyzing Foxhaven Asset Management's Q3 to Q4 2022 Changes in Fund Holdings

Foxhaven Asset Management, LP, a leading hedge fund management firm, recently filed its Q3 and Q4 2022 13F forms, which reveal insights into the company's investment portfolio. While the overall shift in value between the two quarters was minimal, there were significant changes in holdings for some of Foxhaven's top positions.

One such example is Hilton Worldwide Holdings Inc. (HLT), which saw no change in the number of shares held but a nearly 5% increase in value from Q3 to Q4. Visa Inc. (V), on the other hand, saw a 15% decrease in the number of shares held, resulting in only a 0.1% drop in overall value.

Not all of Foxhaven's holdings performed as well, as Amazon.com Inc. (AMZN) experienced a significant drop in value of over 22%, despite a slight increase in shares held. Intuit Inc. (INTU) saw the largest decrease in shares held, dropping by 37.5% from Q3 to Q4.

Some companies saw significant increases in shares held, such as Zillow Group Inc. (Z), whose shares were boosted over 190%. This increase resulted in a 226.8% increase in value, showing Foxhaven's confidence in the company's future prospects.

Other companies, such as Rogers Communications Inc. (RCI-B.TO), went from no shares held in Q3 to over 1.4 million shares held in Q4, demonstrating a new position for Foxhaven in that company's stock.

While some positions saw decreases in shares held with steady or increasing values, others saw increases in shares held with decreasing values. For example, Cargurus Inc. (CARG) experienced an impressive 846.8% increase in the number of shares held, but the stock's value still dropped by 60.8%.

Overall, Foxhaven Asset Management, LP's Q3 to Q4 2022 holdings paints a clear picture of their investment strategy. While some positions held steady, others were sold or purchased with a careful eye on the future. Only time will tell if these decisions will pay off in the long run, but with the expertise of Foxhaven Asset Management, LP, it's likely that investments are made with confidence and backed by solid research.