Mangrove Partners Q3 2022 vs. Q4 2022 13F Holdings Comparison

As the end of the year approaches, financial institutions scramble to make modifications to their portfolios. Financial investors are trying to maximize their capital gains, and investment fund managers are no exception. In this blog post, we will analyze the changes made by Mangrove Partners to its portfolio in Q3 2022 vs. Q4 2022.

Mangrove Partners is a hedge fund founded by Nathaniel August in 2010. The firm has its headquarters in New York and manages about 673 million dollars in assets. Nathaniel uses a fundamental-driven investing approach and focuses on small-cap and mid-cap stocks. According to Whalewisdom, about 60% of Mangrove Partners' portfolio is invested in the Consumer Discretionary and Information Technology sectors.

Mangrove Partners' prominent holdings include Activision Blizzard, First Horizon Corporation, and Tegna Inc. The stocks saw a rise in value in Q4 2022. Mangrove increased its stakes in some stocks, such as Shaw Communications Inc, Weatherford Intl PLC, and Bath & Body Works Inc, among others.

One of Mangrove Partners' notable holdings is Shaw Communications Inc. The firm increased its stake in Shaw Communications by 11.4% in Q4 2022, equivalent to 125,853 shares. The move saw the value of the stake increase by 8,814,000 dollars, which represents a 31.3% change over the previous quarter. It is worth noting that Shaw Communications is a Canadian telecommunications company that offers various services, including internet, television, and phone services.

Another Mangrove Partners' prominent holding is Activision Blizzard. The firm increased its stake in Activision Blizzard by 45% in Q4 2022, equivalent to 106,000 shares. The move saw the value of the stake increase by 8,632,000 dollars, which represents a 49.6% change over the previous quarter. Activision Blizzard is a video game publisher that produces games such as World of Warcraft, Call of Duty, and Diablo, among others.

Furthermore, Mangrove Partners reduced its holdings in certain stocks, such as XPO Inc, O-I Glass Inc, and Alphabet Inc, among others. The most significant decrease was witnessed in XPO Inc. Mangrove Partners reduced its stake in XPO Inc by 25.2% in Q4 2022, equivalent to 96,350 shares. The move saw the value of the stake decrease by 3,594,000 dollars, which represents a -25.2% change over the previous quarter.

In conclusion, Mangrove Partners made significant changes to its portfolio in Q4 2022. While increasing its stakes in certain stocks, the hedge fund also reduced its holdings in some stocks. The increase and decrease in the stakes resulted in a 4.7% quarter-over-quarter change in the total value of Mangrove Partners' holdings.