Moon Capital Management, LLC: Q1 2020 vs. Q2 2020 13F Holdings Comparison

Moon Capital Management, LLC Q1 2020 vs. Q2 2020 13F Holdings Comparison

Moon Capital Management, LLC is a hedge fund based in Memphis, Tennessee. They specialize in investing in various stocks and securities to achieve high returns for their clients. The hedge fund is known for its extensive research approach, which helps to provide them with the most insightful outlooks on which securities to invest in.

In the first quarter of 2020, Moon Capital Management, LLC made changes to its holdings, as is evident from the CSV data above. At the beginning of this quarter, Berkshire Hathaway Inc Del was the largest holding in their portfolio, with 35,386 shares valued at $6,469,000. By the end of the quarter, the position was reduced to 34,417 shares valued at $6,143,000, a decrease of 5%. Other holdings that experienced a decrease in valuation during this period include Wells Fargo Co New and CINCINNATI FINL CORP, which decreased by 9% and 14.5%, respectively.

However, not all of their positions experienced a decrease in valuation in Q1 2020. Some positions, such as KKR & CO INC and Jefferies Finl Group Inc, experienced a significant increase in valuation. KKR & CO INC, for instance, increased from 131,591 shares valued at $3,088,000 to 126,541 shares valued at $3,907,000, an increase of 26.5%. Similarly, Jefferies Finl Group Inc increased from 193,670 shares valued at $2,647,000 to 210,405 shares valued at $3,271,000, an increase of 23.6%.

Looking at the CSV data for Q2 2020, it's clear that Moon Capital Management, LLC continued to make changes to its portfolio. One of the most significant changes was the introduction of new holdings such as Allergan PLC, which at the beginning of the quarter was valued at $3,946,000. In contrast, they sold all their shares in Adient PLC, which at the beginning of the quarter were valued at $765,000.

Another interesting change in Q2 2020 was the significant increase in holdings for Brookfield Asset Mgmt Inc, which increased by 7.2%. Brookfield Asset Mgmt Inc was one of the few stocks that increased in valuation in Q1 2020, and this may have influenced the decision to increase their position in the stock.

The CSV data for Q2 2020 also shows that some of their positions experienced significant changes in valuation, both positive and negative. Some of the significant winners include LGI HOMES, which increased by 80.4% and Synchrony Financial, which increased by 35.1%. In contrast, some of the significant losers include Block H & R Inc, which decreased by 4.2%, and Southern Co, which decreased by 4.2%.

Finally, it's interesting to note that some of the stocks that didn't have any holdings in Q1 2020 became significant holdings in Q2 2020. For instance, Altria Group Inc wasn't part of their portfolio in Q1 2020, but by Q2 2020, they had acquired 53,570 shares valued at $2,102,000. Similarly, Fox Corp wasn't part of their portfolio in Q1 2020, but by Q2 2020, they had acquired 7,403 shares valued at $198,000.

In conclusion, the CSV data shows that Moon Capital Management, LLC is a dynamic hedge fund that is always adjusting its holdings to take advantage of market opportunities. They sold stocks that were decreasing in valuation, and they increased their position/s in stocks that they believed had the potential to increase in valuation. By analyzing the changes in their holdings from one quarter to the next, investors can get some insight into how they operate and what trends they are following.