Changes in Rizvi Traverse Management's 13F Holdings: Comparing Q3 2022 vs. Q4 2022

Rizvi Traverse Management, LLC is a well-known investment firm that manages separate client-focused equity portfolios. One way they stay on top of their portfolio is through a quarterly report of their 13F holdings. It provides a summary of their holdings in publicly traded securities, including options, and helps them and their clients understand their investment performance. In this blog post, we'll look at the changes in the holdings of one of their funds, comparing Q3 2022 with Q4 2022.

Let's start by looking at the CSV data provided. The data contains two columns: "Issuer Name" and "Option Type". For simplicity, we'll leave out the option type column and focus on the issuer name column. We see two stocks that the fund held in both Q3 2022 and Q4 2022: PLBY Group Inc (PLBY) and Planet Labs PBC (PL).

PLBY, the issuer of Playboy magazine, has been making headlines with its recent entry into the NFT market. The fund held 10,688,280 shares of PLBY in both Q3 2022 and Q4 2022. However, the value of those shares dropped from $43,074,000 in Q3 2022 to $29,392,000 in Q4 2022, a decrease of 31.8%.

PLBY's stock has had a tumultuous year, with a peak in February 2021 at $60 per share before dropping to around $18 per share in September 2021. It has since rebounded to around $25 per share in January 2022. The 31.8% decrease in value between Q3 2022 and Q4 2022 seems to be a reflection of this up and down trend. Overall, it indicates that the fund did not have a profitable quarter with this stock.

Another stock in the portfolio, Planet Labs PBC (PL), also experienced a decrease in value. The fund held 1,065,592 shares of PL in both Q3 2022 and Q4 2022. However, the value of those shares dropped from $5,786,000 in Q3 2022 to $4,635,000 in Q4 2022, a decrease of 19.9%.

Planet Labs PBC is a satellite imaging company that has been in the news for its role in monitoring climate change and natural disasters. Its stock has been on a steady upward trend since July 2021, reaching a peak of around $22 per share in December 2021 before dropping to around $18 per share in January 2022. The 19.9% decrease in value between Q3 2022 and Q4 2022 could be due to the uncertain market conditions during this period, including the ongoing pandemic and geopolitical tensions.

Overall, the Q3 2022 vs. Q4 2022 comparison of Rizvi Traverse Management, LLC's 13F holdings shows some notable changes in the value of their holdings. Both PLBY and PL saw decreases in value, with PLBY experiencing a more significant decrease. It's essential to remember that market trends can change rapidly, and this comparison is only one snapshot of the portfolio's performance. Investors should always do their research and consult with a financial advisor before making investment decisions.