Harbor Spring Capital's Q3 and Q4 13F filings: A closer look at changes in their portfolio holdings.

The latest quarterly filing from Harbor Spring Capital, LLC reveals some interesting changes in their 13F holdings between Q3 and Q4 of 2022. The 13F form, required by the Securities and Exchange Commission (SEC), discloses the holdings of institutional investment managers with assets of $100 million or more. Below, we'll take a closer look at some of the most significant changes in Harbor Spring Capital's portfolio.

SSNC - SS&C Technologies Holdings Inc.

SS&C Technologies is a provider of software for financial institutions, healthcare organizations, and other industries. In Q3 and Q4, Harbor Spring Capital maintained its position with 669,372 shares. However, the value of those shares increased from $31,963,000 to $34,847,000, a rise of 9%. This suggests that the firm has confidence in SS&C's long-term prospects.

AMZN - Amazon.com Inc.

Amazon.com is one of the world's largest e-commerce retailers, providing services for consumers and businesses alike. Harbor Spring Capital maintained its position in Amazon.com with 340,000 shares in both Q3 and Q4. However, the value of those shares fell from $38,420,000 to $28,560,000, a decrease of 25.7%. This could be due to concerns over Amazon's competition, regulatory scrutiny, or other factors.

DELL - Dell Technologies Inc.

Dell Technologies provides a wide range of technology services and products, including computers, servers, storage, and networking solutions. In Q3 and Q4, Harbor Spring Capital maintained its position with 662,321 shares. However, the value of those shares rose from $22,632,000 to $26,638,000, an increase of 17.7%. This suggests that the firm is bullish on Dell's prospects, perhaps due to its strong balance sheet and diversified product offerings.

MSFT - Microsoft Corp.

Microsoft Corp. is a software giant that provides operating systems, productivity applications, and cloud services. In Q3 and Q4, Harbor Spring Capital maintained its position with 102,000 shares. However, the value of those shares increased from $23,756,000 to $24,461,000, a rise of 3%. This suggests that the firm remains confident in Microsoft's ability to continue generating strong returns.

ENV - Envestnet Inc.

Envestnet provides wealth management services and technology solutions to financial advisors and institutions. In Q3 and Q4, Harbor Spring Capital maintained its position with 385,000 shares. However, the value of those shares increased from $17,094,000 to $23,754,000, a rise of 39%. This indicates that the firm has confidence in Envestnet's ability to continue expanding its customer base and product offerings.

MTCH - Match Group Inc.

Match Group is a provider of online dating services, including Match, Tinder, Hinge, and other popular apps. In Q3, Harbor Spring Capital held 497,200 shares, but reduced that position to 446,390 shares in Q4. As a result, the value of those shares fell from $23,741,000 to $18,520,000, a decline of 22%. The reasons behind this reduction are unclear, but it may reflect concerns over increased competition in the online dating market.

ATVI - Activision Blizzard Inc.

Activision Blizzard is a video game publisher and developer known for franchises like Call of Duty, World of Warcraft, and Candy Crush. In Q4, Harbor Spring Capital acquired a new position of 173,000 shares. The value of these shares was $13,243,000, with no corresponding holding in Q3. This suggests that the firm is bullish on Activision Blizzard's prospects, perhaps due to strong sales and upcoming releases.

In summary, Harbor Spring Capital's Q3 and Q4 13F filing reflects a mix of bullish and bearish positions on various stocks. While the firm continued to maintain some holdings at the same level, such as SS&C Technologies and Microsoft, it also decreased its position in Match Group and sold its positions in Salesforce, Frontier Communications, CrowdStrike, Twilio, and Zillow Group. Meanwhile, it opened a new position in Activision Blizzard, signaling its confidence in the potential for growth in the gaming industry. As always, it's essential to remember that 13F filings are only required quarterly, and they don't tell the whole story of a firm's investment strategy or future plans.