Solus Alternative Asset Management's Top Trading Changes in Q3 2022 vs. Q4 2022

Solus Alternative Asset Management LP recently filed its 13F for the third and fourth quarters of 2022, revealing some notable changes in their portfolio holdings. The report shows that the firm made some significant movements in its investments by reallocating funds and selling down on some stocks.

One of the top changes in holdings was the company's reduced position in BRISTOW GROUP INC. As of Q4 2022, the company held 3,933,037 shares in the company compared to 4,039,837 in Q3 2022. This represents a 12.4% decline in holdings, with the total value shifting from $94,896,000 in Q3 to $106,703,000 in Q4.

FRONTIER COMMUNICATIONS PARE also saw a similar sell-off in Q4 2022, with Solus Alternative Asset Management LP reducing its position by 2.7% from 2,636,771 shares in Q3 2022 to 2,358,832 in Q4 2022.

In contrast, the firm made significant increases in a few companies. VEON LTD had the most significant change in holdings, with Solus Alternative Asset Management LP increasing its shares by 151.6%. They held 6,388,208 shares in Q3 2022, and this number jumped to 10,496,038 in Q4 2022.

Another notable change is in Marathon Digital Holdings Inc. The firm held zero shares in the company during Q3 2022, but by Q4 2022, Solus Alternative Asset Management LP had acquired 25,500,000 shares worth $5,690,000.

US FOODS HLDG CORP was another company with an increase in holdings by Solus Alternative Asset Management LP, with the fund holding 1,172,681 shares in Q3, which grew to 1,114,761 in Q4. This represents a 22.3% increase in the number of shares held, which is equivalent to a value of $31,006,000 in Q3 and $37,924,000 in Q4.

Overall, Solus Alternative Asset Management LP made some crucial trading changes in Q3 and Q4 2022. The report shows a trend of reduced positions in some companies and increased investment in others. It will be interesting to see how these changes pay off for the firm in the long run.

In conclusion, the quarterly report highlights the importance of tracking your portfolio holdings. While it is helpful to follow the crowd, the filings also indicate some investment opportunities that the firm believes to be attractive. As an investor, it's good to have a clear understanding of what's happening in your portfolio and stay informed about any changes.