Investment Group Mariner Boosts Holdings in Q4 2022, But Some Faring Worse with QoQ Comparison Data

Mariner Investment Group LLC, an alternative asset management firm, recently submitted its 13F filing with the U.S Securities and Exchange Commission (SEC), showing a significant increase in its investment holdings in the fourth quarter of 2022. According to the data, Mariner's investment portfolio rose by 15.96% compared to its Q3 holdings. The hedge fund boosted its holdings in several key companies in the period, with Western Asset Managed Mun F (MMU) and Western Ast Infl Lkd Opp & I (WIW) leading the way.

Among the major changes in holdings, one of the largest holdings that Mariner added to its portfolio was Hertz Global Hldgs Inc (HTZ), which reported a holding of 506,374 shares in Q3 2022, but reduced to 480,065 by Q4, a decrease of 5.2% or 26,309 shares. Mariner also invested in Seven Hills Realty Trust (SEVN) during the Q4 period, with a rise of 3.7%. However, on the other hand, it fared poorly with its call options on iShares TR (HYG), which witnessed a decrease in holdings after a bullish Q3 2022.

One of the highest increases was in Western Asset Managed Mun F (MMU), with Mariner increasing its holdings to 121,612 shares in Q4 2022 from 117,003 shares in Q3, which represents a 3.9% increase. Western Ast Infl Lkd Opp & I (WIW) followed closely, with Mariner increasing its holdings from 32,280 shares in Q3 to 121,719 shares in Q4, a tremendous increase of 279.2 %. Furthermore, Mariner's in Marathon Digital Holdings Inc (MARA) increased considerably by 77.3%, from 500,000 shares held in Q3 to 775,000 in Q4, after a put option.

In contrast, the company didn't add any shares of Nuveen New York Amt Qlt Muni (NRK) in Q4 and instead reduced its holdings of Nuveen Mun Value FD Inc (NUV) by 72% or 223,537 shares, holding only 85,325 shares by the end of Q4. It was a clear bearish move as per the latest QoQ comparison data. Similarly, in the case of Pioneer Mun High Income Oppo (, Mariner sold off 61,313 shares, leading to a substantial fall of 39.6% in holdings by Q4.

In conclusion, Mariner Investment Group has ramped up its holdings in various avenues ahead of Q4 2022 while exiting a few others, as it appears to expect market conditions to improve further. The company's decision could be a testimony to the global economic growth that has been taking place amid vaccine rollouts and stimulus measures, among other things. However, it's essential to note that 13F Holdings comparison data is not a guaranteed indicator of future success or failure.