Ativo Capital Management LLC Q2 2023 vs. Q3 2023: A Comprehensive Analysis of Holdings and Changes

The second and third quarters of 2023 have been eventful for Ativo Capital Management LLC, as the firm has made significant adjustments to its holdings. In this article, we will delve into the details of the changes, examining the companies affected and the implications for investors. Let's explore the Q2 2023 vs. Q3 2023 13F holdings comparison.

Check Point Software Tech Ltd: A Slight Dip in Holdings

One of the companies in Ativo Capital Management LLC's portfolio, Check Point Software Tech Ltd, experienced a minor decrease in holdings. The number of shares dropped from 70,286 in Q2 2023 to 69,686 in Q3 2023, reflecting a 5.2% change. However, despite the slight decrease in shares, the value of the holdings increased from $8,829,000 to $9,287,000.

Dr Reddys Laboratories Ltd ADR: Maintaining Stability

Dr Reddys Laboratories Ltd ADR, another company in Ativo Capital Management LLC's portfolio, managed to maintain a relatively stable position in terms of holdings during the observed period. The number of shares decreased marginally from 94,530 in Q2 2023 to 93,230 in Q3 2023, representing a 4.5% change. The value of the shares increased from $5,965,000 to $6,234,000, indicating an optimistic trend.

Netease Inc Sp ADR: A Slight Adjustment

Netease Inc Sp ADR also experienced a minor adjustment in Ativo Capital Management LLC's holdings. The number of shares decreased from 46,066 in Q2 2023 to 45,466 in Q3 2023, resulting in a 2.2% change. The value of the holdings remained relatively stable at $4,454,000 in Q2 2023 and $4,553,000 in Q3 2023.

Vipshop Holdings Limited Spons: A Substantial Decrease

Among the more significant changes in Ativo Capital Management LLC's holdings, Vipshop Holdings Limited Spons' position saw a notable decrease. The number of shares dropped from 268,516 in Q2 2023 to 264,833 in Q3 2023, reflecting a 4.3% change. Notably, the corresponding value also decreased from $4,430,000 to $4,239,000.

Yum China Holdings Inc: A Slight Reduction

Yum China Holdings Inc witnessed a slight reduction in Ativo Capital Management LLC's holdings. The number of shares decreased from 66,310 in Q2 2023 to 65,410 in Q3 2023, resulting in a 2.7% change. The value of the holdings also decreased, going from $3,746,000 to $3,644,000.

Implications and Insights

Analyzing these changes in Ativo Capital Management LLC's holdings provides valuable insights for investors. While fluctuations are common in the investment world, maintaining stability or even slight adjustments can indicate confidence in certain companies. It is important to consider the reasons behind these shifts to make informed investment decisions.

Additionally, it is worth noting that some companies experienced significant decreases in holdings. This could be attributed to a variety of factors, such as changes in market conditions or realignment of investment strategies. Investors should closely monitor such changes and evaluate if they align with their own investment goals.

Conclusion

The comparison of Ativo Capital Management LLC's Q2 2023 and Q3 2023 13F holdings reveals a nuanced picture of their investment decisions. While some companies experienced slight adjustments or stability, others saw more significant decreases. These changes provide valuable insights for investors, highlighting the importance of conducting thorough research and monitoring market conditions. As always, investors should exercise caution and consult with financial professionals before making any investment decisions.