Bhz Capital Management's Q3 2022 vs. Q4 2022 13F Holdings Comparison: Decreased Stakes and Increased Holdings Analyzed

Bhz Capital Management, LP Q3 2022 vs. Q4 2022 13F Holdings Comparison

Bhz Capital Management is a well-known investment management firm that professionally manages the assets and investments of various clients. The company offers a wide range of services and products that allow clients to invest across various asset classes, including equities, fixed income securities, and alternative investments. As part of its services, Bhz Capital Management has to report publicly traded investments that it holds every quarter in a regulatory filing called a 13F. In this article, we will be analyzing the Q3 2022 vs. Q4 2022 13F holdings comparison of Bhz Capital Management.

In this comparison, we'll look at the stocks that the firm decreased or increased its holdings, and the reasons for the changes.

Decreased Holdings

1. SELECT SECTOR SPDR TR (XLF)

SELECT SECTOR SPDR TR, a popular exchange-traded fund, saw a decrease in holdings by Bhz Capital Management. The firm sold almost half of its shares, dropping from 1.38 million shares to 850,000 shares.

2. TEXAS CAPITAL BANCSHARES INC (TCBI)

Bhz Capital Management sold almost 50,000 shares of Texas Capital Bancshares, representing a decrease of 25.9% from its third-quarter holdings.

3. REPUBLIC FIRST BANCORP INC (FRBK)

Republic First Bancorp saw a significant decrease in holdings by Bhz Capital Management, as the firm sold off almost all of its 1.6 million shares, which represented a 24% decrease from its third-quarter holdings.

4. KEARNY FINL CORP MD (KRNY)

Bhz Capital Management sold off more than half of its shares in Kearny Financial, reducing its holdings by 58% from the third quarter.

Increased Holdings

1. PCSB FINL CORP

Bhz Capital Management significantly increased its holdings in PCSB Financial Corp. The firm bought over 220,000 shares, representing an increase of 92.5% from its third-quarter holdings.

2. SMARTFINANCIAL INC (SMBK)

Bhz Capital Management increased its holdings in Smartfinancial Inc. by 7.1% by adding over 14,000 shares to its portfolio.

3. FIRST FNDTN INC (FFWM)

The company's holdings of First Foundation Inc. increased by a massive 1,192.5% from its third-quarter holdings. Bhz Capital Management added almost 190,000 shares to its portfolio.

4. PIONEER BANCORP INC MD (PBFS)

Bhz Capital Management added almost 50% to its holdings in Pioneer Bancorp Inc. by buying over 49,000 shares in the company.

Conclusion

The 13F holdings comparison of Bhz Capital Management shows that the firm decreased its holdings in some companies and increased its stakes in others. Bhz Capital Management has sold off shares in various companies that it deems no longer fit into its portfolio. On the other hand, the firm has increased its holdings in companies that it believes will deliver solid returns in the future. The basis for these decisions could be earnings reports, industry trends, and other variables that are unique to Bhz Capital Management's investment strategy. Overall, Bhz Capital Management's 13F holdings comparison shows the active management of its clients' investment portfolios.