Investment firm Trigran Investements, Inc sees shifts in Q3 and Q4 2022 holdings

Trigran Investments, Inc, an investment firm known for its long-term, bottom-up approach to investing, has recently released its Q3 and Q4 2022 13F holdings comparison, showing a number of interesting shifts in the firm's portfolio.

One of the most significant changes was a 25.2% increase in the firm's shares in Gentherm Inc (THRM), a thermal management technologies company. Trigran Investments, Inc held 1,711,272 shares of Gentherm Inc in Q3 2022, but increased this to 1,631,749 shares in Q4 2022. The value of these shares also increased significantly, from $85,102,000 to $106,536,000.

Another notable shift was in the firm's holdings of Harmonic Inc (HLIT), a video streaming and cable access technology company. Trigran Investments, Inc increased its shares in this company by 8.3%, from 6,835,062 shares in Q3 2022 to 7,387,478 shares in Q4 2022. The value of these shares also increased slightly, from $89,334,000 to $96,775,000.

Trigran Investments, Inc also saw large percentage increases in its holdings of Sonos Inc (SONO), up 33.4% from 4,696,897 shares in Q3 2022 to 5,154,291 shares in Q4 2022, and Sitime Corp (SITM), up 42.3% from 690,841 shares in Q3 2022 to 761,454 shares in Q4 2022. Both of these companies saw significant increases in the value of their shares as well.

On the flip side, Trigran Investments, Inc divested entirely from some companies, including TechTarget Inc (TTGT) and Domo Inc (DOMO), selling off all of its shares in these companies. The firm also reduced its holdings in Hackett Group Inc (HCKT) by 27%, from 2,758,521 shares in Q3 2022 to 1,752,359 shares in Q4 2022.

Other notable changes include an increase in holdings of Anika Therapeutics Inc (ANIK) and Ooma Inc (OOMA), and a decrease in holdings of Quotient Technology Inc (QUOT) and Sierra Wireless Inc (SW.TO).

Overall, Trigran Investments, Inc's Q3 and Q4 2022 13F holdings comparison shows some significant shifts in the firm's portfolio. While some companies saw an increase in the number of shares held by the firm, others saw a reduction or a complete divestiture. As always, Trigran Investments, Inc remains committed to its bottom-up approach to investing, and will likely continue to carefully evaluate each potential investment opportunity based on its long-term potential.