Calixto Global Investors, LP Q3 2022 vs. Q4 2022 13F Holdings Comparison

Calixto Global Investors, LP is a hedge fund that has recently filed its Form 13F to disclose its equity holdings for Q3 2022 and Q4 2022. Analyzing these filings, we can track the changes in the fund's holdings and identify the stocks that are seeing an increase or decrease in investment.

The fund's investments showed a total value of $165.9 million at the end of Q4 2022, compared to $178.6 million at the end of Q3 2022, a decline of 7.1% quarter over quarter. Let's take a look at Calixto Global Investors, LP's top five holdings that have seen significant changes during the period.

ZTO Express Cayman Inc

Calixto Global Investors, LP's largest holding is in ZTO Express Cayman Inc, a Chinese company engaged in the express delivery of parcels across China. The fund held 891,191 shares with a value of $21.4 million in Q3 2022, and this increased slightly to 855,691 shares with a value of $23 million in Q4 2022, a gain of 7.4%.

Avis Budget Group

The fund's second-largest holding is in Avis Budget Group, which provides car rental services worldwide. The fund held 94,694 shares with a value of $14.1 million in Q3 2022, and this decreased to 78,794 shares with a value of $12.9 million in Q4 2022, a loss of 8.1%.

Pinterest Inc

The fund added a new holding in Pinterest Inc during Q4 2022, purchasing 334,029 shares with a value of $81.1 million. Pinterest is a social media platform where users can discover and save ideas. The move suggests that Calixto Global Investors, LP sees potential in Pinterest's growth prospects.

Five9 Inc

Calixto Global Investors, LP's holding in Five9 Inc decreased significantly during Q4 2022. The company offers cloud contact center software to businesses, and Calixto Global Investors, LP held 219,344 shares with a value of $16.4 million in Q3 2022. This decreased to 118,700 shares with a value of $8 million in Q4 2022, a 51% loss.

Elastic N V

Calixto Global Investors, LP also decreased its holding in Elastic N V by 16.9% during Q4 2022. The company offers a search and analytics platform that helps companies manage and analyze their data. The fund held 117,386 shares with a value of $8.4 million in Q3 2022, and this decreased to 135,914 shares with a value of $7 million in Q4 2022.

These changes in holdings indicate Calixto Global Investors, LP's view of the market during the given period. Although some positions have generated losses, the fund's new addition indicates the search for growth in market-friendly companies. As always, it is essential to conduct thorough research before making any investment decisions.