Analyzing Oak Hill Advisors' Q3 2022 vs. Q4 2022 13F Holdings: Insights & Actions

Oak Hill Advisors LP recently released their Q3 and Q4 13F holdings, revealing some interesting changes in their investment portfolio over the last few months. In this blog post, we will dive into their latest holdings data, exploring some of the most significant changes that Oak Hill Advisors made, and what these changes could mean for investors.

Introduction

Oak Hill Advisors is a global alternative investment firm that specializes in credit and other yield-oriented investments. Their Q3 and Q4 13F filings show the holdings they have made in the last few months, indicating what they are putting their money into, and what they are moving away from. We have analyzed the data provided by Oak Hill Advisors and highlighted some of the most notable changes in their holdings.

Main Body

Valaris Limited

Oak Hill Advisors has maintained its position in Valaris Limited, holding 9.42 million shares in both Q3 and Q4 filings. However, the value of their holdings increased by 38.2% during the same period, going from $461,258 in Q3 to $637,315 in Q4. The increase in value could be attributed to the recovery of the offshore drilling market in the last few months, as the demand for offshore rigs picked up.

Expro Group Holdings NV

Oak Hill Advisor's position in Expro Group Holdings NV remained relatively stable, with holdings of 29,311,089 and 29,311,090 shares in Q3 and Q4 filings, respectively. However, the value of their holdings increased by 42.3% during the same period, from $373,423 in Q3 to $531,410 in Q4. This increase in value could be attributed to the gradual reopening of the global economy and a surge in oil prices.

Sabre Corporation

Sabre Global Inc, which was listed in Oak Hill Advisors’ Q3 filings, disappeared from Q4 filings, but the firm added its position in Sabre Corporation. In Q3 and Q4 filings, Oak Hill Advisors held 10.18 million Sabre shares, which rose in value from $52,412 in Q3 to $62,894 in Q4, indicating a 20% increase in value.

Multiplan Corporation

Oak Hill Advisors' holdings in Multiplan Corporation reduced in value by nearly 60%, dropping from $9,640 in Q3 to $3,875 in Q4. Though the firm remained invested in the company with holdings of 3,370,281 shares, their value took a significant hit.

Weatherford Intl PLC

Oak Hill Advisor’s Q3 filings showed that they held 5.38 million shares in Weatherford Intl PLC. However, by Q4 filings, they had divested their entire position in the company, indicating that they might not be banking on any meaningful growth in the company and have chosen to invest elsewhere.

Conclusion

From our analysis of Oak Hill Advisor's Q3 vs. Q4 filings, we see that the fund made some notable changes in its holdings, adding some stocks and dumping others. New positions in Sabre Corporation and Valaris Limited suggest the firm remains bullish on the travel industry's recovery and offshore drilling. Meanwhile, their decision to exit Multiplan Corporation altogether might have come from anticipating challenges that the healthcare industry will face in the coming years. However, investments made by Oak Hill Advisors offer valuable insights as to where industry leaders believe the market is heading. By staying attuned to their shifts in funds, investors can better plan their own strategies to capitalize upon valuable opportunities.