Fondren Management LP Q2 2020 vs. Q3 2020: Analyzing the Biggest Changes in Holdings

In the investment world, the quarterly 13F filings are an essential source of information that provides insights into the holdings of various institutional investors. In this article, we will analyze the Q2 2020 vs. Q3 2020 holdings comparison of Fondren Management LP, a Texas-based investment management firm with over $800 million in regulatory assets under management. We will take a closer look at the most significant changes and what they tell us about Fondren Management's investment strategy.

Fondren Management's Q2 2020 vs. Q3 2020 13F holdings comparison reveals some interesting trends. Of the 27 holdings listed, seven have been completely sold, and eight have seen significant reductions in shares held. On the other hand, twelve holdings have seen an increase in shares held, with three experiencing a massive surge of over 100%.

The most significant reduction in shares held was observed in Immersion Corp (IMMR), where Fondren Management sold all of its 545,000 shares. Another notable reduction was TransGlobe Energy Corp (TGA), where the shares held were reduced by a staggering 76.6%. The investment firm also sold its entire holdings in Harte-Hanks, Inc (HHS), Medley Cap Corp (PFX), Tetra Technologies Inc Del (TTI), Biglari Hldgs Inc (BH-A), and BBX Cap Corp New.

Among the holdings with an increase in shares held, Net 1 UEPS Technologies Inc (UEPS) saw the most significant surge, with Fondren Management increasing its shares by 126.9%. This was followed by Support Com Inc (SPRT), where the investment firm increased its holdings by 27.6% and Synacor Inc (SYNC), where it increased its holdings by 21.3%.

One of the most notable increases in value was observed in the holdings of UEPS. Fondren Management's holdings in the company increased by 126.9%, resulting in a corresponding increase in value from $958,000 to $2,174,000. Support Com Inc also saw a substantial increase in value, from $1,836,000 to $2,343,000.

Although some may argue that these quarterly reports are lagging indicators, they should not be ignored. The reports provide a glimpse of the investment strategy adopted by institutional investors like Fondren Management, and investors can use the information to make informed decisions about their own investments.

In conclusion, the Q2 2020 vs. Q3 2020 holdings comparison of Fondren Management LP has shown some significant changes, with the investment firm selling off or drastically reducing its holdings in several companies. On the other hand, some holdings saw an increase in shares held and value. As always, investors must perform their due diligence before making any investment decisions.