Analyzing Lionstone Capital Management LLC's Q3 and Q4 2022 13F Holdings: Changes in Holdings and Strategic Moves.

As Q4 2022 comes to a close, it's always interesting to look at the changes in holdings for various funds. In this case, we'll be analyzing the Lionstone Capital Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison as represented in the CSV above.

The CSV begins by listing out the various stocks, their option types (if applicable), and the number of shares held in both Q3 2022 and Q4 2022. The CSV also includes the value of these holdings in thousands of dollars and the percentage change in holdings between the two quarters.

APG is the first stock listed, and unsurprisingly they've increased their holdings by over 51% in Q4 2022. It's interesting to note that their value in dollars has nearly doubled as well, which indicates that they might have had great returns on this stock in Q4.

CPRT has also made significant changes to their holdings, increasing their number of shares by over 130% and their value in dollars by over 32%. This indicates that they might have been bullish on the company's future prospects and decided to make a larger investment.

Interestingly enough, Google's holdings only increased by 8.4% in shares held, and their value remained about the same. This indicates that Lionstone Capital may have made a strategic decision to hold onto the stock without making any significant changes to their investment.

The biggest increase in holdings by percentage comes from BKI, who increased their holdings by a whopping 58.9%. Their value nearly doubled as well, indicating that there could have been a positive news release or market conditions that led to this increase in investment.

On the other hand, there were several stocks in which Lionstone Capital held shares in Q3 2022 but did not in Q4 2022. This includes stocks like IAC, META, and AAP, which all had a 100% decrease in shares held. It's unclear why the fund decided to sell off their shares completely, but it could be due to poor company performance or a shift in the fund's investment strategy.

Finally, it's essential to note that not all changes in holdings were positive. In the case of LBRDK, their holdings remained nearly unchanged, yet their value decreased by 3.3%. This indicates that despite their position remaining fairly constant, the company's stock price didn't perform as well as other stocks in the fund. Similarly, while Seas Holdings Inc. saw an increase in shares held, their value only increased by 48.7%, which is comparatively lower than other stocks in the fund with higher percentage increases in value.

In conclusion, the CSV provides an interesting insight into how Lionstone Capital Management LLC shifted their investments over Q3 and Q4 2022. The data indicates several strategic moves, as well as some that may have been due to external factors, such as poor company performance or market conditions. Overall, it's fascinating to see how funds like Lionstone manage their holdings and how that affects the overall market.