Gryphon International Investment: A Look at Q2 2021 vs. Q3 2021 Holdings

Investors are always on the lookout for opportunities to diversify their portfolio and maximize their returns. One popular investment option is mutual funds, which enable investors to pool their money and invest in a variety of assets. Gryphon International Investment Corp is one such mutual fund that has been making waves in the market. In this blog post, we will analyze the changes in the fund's holdings between Q2 and Q3 2021 using the 13F filing.

Introduction

Gryphon International Investment Corp is an SEC-registered mutual fund that invests in companies around the world. The fund uses a bottom-up investment approach and employs a team of experienced investment professionals to identify companies with strong growth potential. The fund has a diversified portfolio of over 100 holdings across various sectors, including technology, healthcare, and consumer goods.

In this blog post, we will take a closer look at the changes in the fund's holdings between Q2 and Q3 2021. We will analyze the changes in shares held and the change in value of the holdings to provide insights into the fund's performance.

Main Body

According to the 13F filing, Gryphon International Investment Corp's total assets under management were $232 million as of Q3 2021. The fund made significant changes to its holdings during this period, with some stocks being added to the portfolio while others were sold.

One of the most notable changes was the addition of Taiwan Semiconductor Manufacturing Company Limited (TSM). The fund purchased 205,775 shares of the company in Q3, making it the fund's largest holding by share count. The value of the holding was $22.974 million, which accounted for nearly 10% of the fund's total assets. This move is not surprising given TSM's dominant position in the semiconductor industry and strong financial performance.

Another new addition to the fund's portfolio was Quanta Services Inc. The fund purchased 5,646,560 shares of the company in Q3, making it the fund's second-largest holding by share count. The value of the holding was $647 thousand, which accounted for 0.3% of the fund's total assets. While the investment may seem small compared to some of the other holdings, it is important to note that the fund sees potential in the company's growth prospects.

On the other hand, some of the fund's holdings were sold in Q3. Albemarle Corp was one of the biggest movers, with the fund selling 1,346,346 shares of the company. The value of the holding was $116 million, which accounted for 5% of the fund's total assets. This move is surprising given that Albemarle is a leading producer of lithium, which is in high demand in the electric vehicle market. It is unclear why the fund decided to sell the shares, but it could be due to concerns about the company's growth prospects.

Other notable holdings that were sold in Q3 include JPMorgan Chase & Co, Stanley Black & Decker Inc, and The TJX Companies Inc. The fund sold its entire stake in these companies, indicating that it sees better opportunities elsewhere.

Conclusion

In conclusion, Gryphon International Investment Corp made some significant changes to its holdings in Q3 2021. The fund made some smart investments, such as adding TSM, which is a market leader in the semiconductor industry. However, the fund's decision to sell Albemarle Corp is not clear, and investors may want to pay close attention to the company's performance to understand why the fund divested its shares. Overall, the fund's performance in Q3 2021 shows that it is actively managing its portfolio to deliver strong returns for its investors.