Spark Investment Management LLC Q3 2022 vs. Q4 2022: A Look at Changing Fund Holdings

In the world of finance, staying on top of changes to investment holdings is essential. Recently, Spark Investment Management LLC filed its 13F quarterly report for Q4 2022, providing insight on its investment holdings and any changes compared to the previous quarter. In this article, we'll take a closer look at the fund's holdings and examine the significant changes that occurred.

Goldman Sachs Group Inc (GS)

Spark Investment Management LLC kept its position in Goldman Sachs Group Inc stable holding 66,000 shares worth $22,663,000 at the end of the quarter. The holding remained at the same level as Q3 2022.

Amazon.com Inc (AMZN)

The fund had a notable increase in shares held in Amazon.com Inc, adding an extra 47,000 shares compared to Q3 2022, for a total of 90,180 shares worth $7,575,000.

Jakks Pacific Inc (JAKK)

Spark Investment Management LLC held a total of 228,100 shares in Jakks Pacific Inc, worth $3,989,000. However, compared to the previous quarter, the value of the shares dropped by 9.5%.

J Jill Inc (JILL)

The fund increased its position in J Jill Inc by 49.3%, adding an additional $1,024,000 in value compared to Q3 2022 for a total of $3,100,000.

Block Inc (SQ)

Spark Investment Management LLC added 32,000 shares of Block Inc, bringing its total shares held to 45,300 worth $2,846,000. This represented an impressive gain of 289.4%, compared to the previous quarter.

Tesla Inc (TSLA)

The fund added 8,300 shares of Tesla Inc, bringing its total to 14,000 shares worth $1,724,000. This represented a modest increase of 14.1%.

Spotify Technology SA (SPOT)

Spark Investment Management LLC held 12,600 share positions in Spotify Technology SA which was worth $994,000, a decrease of 8.5% from Q3 2022.

Diamond Offshore Drilling Inc (DO)

The fund decreased its position in Diamond Offshore Drilling Inc by a significant 57.1%, reducing its share position to 90,000 shares worth $936,000 compared to Q3 2022.

Monday.com Ltd (MNDY)

Spark Investment Management LLC held a steady position in Monday.com Ltd, maintaining its 5,900 shares worth $719,000.

SpartanNash Co (SPTN)

The fund held a total of 15,500 shares in SpartanNash Co, valued at $468,000. This represented an increase of 4.4% compared to the previous quarter.

Twilio Inc (TWLO)

The fund reduced its position in Twilio Inc by 29.1%, holding 5,200 shares worth $254,000 at the end of Q4 2022, compared to 7,300 shares in Q3 2022.

Fossil Group Inc (FOSL)

Spark Investment Management LLC increased its position in Fossil Group Inc, holding 55,900 shares worth $240,000 at the end of Q4 2022. This represented an increase of 26.1% compared to the previous quarter.

Paramount Global (PARA)

Spark Investment Management LLC held its position in Paramount Global, holding 12,500 shares worth $211,000 at the end of Q4 2022, which represented a decrease of 11.3% compared to the previous quarter.

Pitney Bowes Inc (PBI)

The fund increased its position in Pitney Bowes Inc, with 21,000 shares worth $79,000 at the end of Q4 2022. This represented an increase of 66.2% compared to the previous quarter.

Elastic N.V. (ESTC), Asana Inc (ASAN), Salesforce Inc (CRM), Airbnb Inc (ABNB), Express Inc (EXPR), Pinterest Inc (PINS), Amplitude Inc (AMPL), Zoom Video Communications Inc (ZM), Halliburton Co (HAL) and Revlon Inc (REVRQ)

Spark Investment Management LLC exited its positions in Elastic N.V., Asana Inc, Salesforce Inc, Airbnb Inc, Express Inc, Pinterest Inc, Amplitude Inc, Zoom Video Communications Inc, Halliburton Co and Revlon Inc in Q4 2022.

Sinovac Biotech Ltd (SINX)

The fund had no shares held in Sinovac Biotech Ltd at the end of Q4 2022.

In conclusion, while Spark Investment Management LLC chose to exit positions in several companies, it also increased its holdings in others, making strategic choices on where to invest its funds. As always, keeping an eye on changing 13F holdings can provide valuable insights into the movements of large investment funds, allowing others to make informed investment decisions.