Euclidean Technologies Q3 vs. Q4 2022 Holdings: Changes and Trends in the Hedge Fund's Portfolio

Euclidean Technologies Management, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

Euclidean Technologies Management, LLC is a privately owned hedge fund sponsor that was founded in 2013 by John Alberg and Michael Seckler. The firm is based in New York City and employs quantitative and machine learning models to invest in the public equity markets.

In the third quarter of 2022, the fund held positions in CVLG, TITN, SENEA, PLPC, BBSI, CRAI, CASS, WIRE, VPG, MCFT, PRDO, EBF, NWPX, ETD, NX, BCC, HVT, EGRX, MLI, REX, USNA, VIVO, MMI, HZO, TMST, JBSS, IMKTA, EGLE, AGX, HSII, GNK, MOV, DCO, PLAB, SCVL, MLR, IIIN, RGP, ASIX, CNXN, TG, HCKT, NPK, IPI, DHX, SWBI, SGU, ATKR, ESCA, ABBV, ABC, IDT, GILD, ASO, BKE, IRWD, DDS, MRNA, STLD, CARS, BMY, TGNA, HOLX, HPQ, AMN, HDSN, VTRS, INVA, and SIGA.

In the fourth quarter of 2022, the fund maintained its positions in CVLG, TITN, SENEA, PLPC, BBSI, CRAI, CASS, WIRE, VPG, MCFT, EBF, NWPX, ETD, NX, HVT, EGRX, JBSS, IMKTA, EGLE, AGX, HSII, GNK, MOV, DCO, PLAB, SCVL, MLR, IIIN, RGP, ASIX, CNXN, TG, HCKT, NPK, DHX, ASO, IRWD, BMY, TGNA, HDSN, VTRS, and INVA. The fund sold its positions in BCC, ZUMZ, NATR, SMP, and DDS. The fund also acquired new positions in QRTEA and GILD, and increased its positions in PRDO, USNA, and CARS.

The top five holdings of the fund in Q3 2022 were PRDO, TMST, CASS, MCFT, and TITN, while in Q4 2022 they were PRDO, TMST, CASS, MCFT, and TITN.

The percentage change in the fund's holdings varied greatly from stock to stock. The largest increase in holdings was seen in BCC, with an 808.6% increase in shares, while the largest decrease in holdings was seen in ESCA, with a 67.7% decrease in shares. Other stocks that saw significant increases in holdings included SMP with a 100% increase, followed by CARS with a 19.6% increase, and IRWD with a 19.8% increase. On the other hand, other stocks that experienced significant decreases in holdings included SGU with a 26.6% decrease, followed by SWBI with a 16.3% decrease and NPK with a 5.3% decrease.

Overall, the changes in the fund's holdings demonstrate the fund's willingness to constantly review and adjust its portfolio based on market conditions and other factors. It also highlights the importance of diversification in the world of investing, as the fund spreads its investments across a large number of different stocks in various industries to minimize risk and optimize returns.