Spotting Trends: Changes in Holdings of Otter Creek Advisors, LLC Q4 2022 vs. Q1 2023

As the investment market continues to evolve, it's crucial for investors to keep an eye on the updated trends and changes of holdings of different funds. In this article, we will delve into the changes in holdings of Otter Creek Advisors, LLC Q4 2022 vs. Q1 2023.

With the current market environment, it's not unusual to see significant changes in holdings. Otter Creek Advisors, LLC is not an exception. According to the latest 13F filings, Otter Creek Advisors, LLC, has made several changes in its portfolio holdings. Some of the most significant changes in holdings observed were:

Invesco QQQ TR:

In Q4 2022, Otter Creek Holdings LLC reported no shares in Invesco QQQ TR. However, in Q1 2023, Otter Creek Advisors LLC acquired 70,000 shares in the fund that amounted to $22,465, showing a considerable change in fund holdings.

Timken Co:

Another significant change in holdings reported was of the Timken Co. In Q4 2022, Otter Creek Holdings LLC had no shares in the fund. However, in Q1 2023, Otter Creek Advisors LLC acquired 100,000 shares in the Timken Co amounting to $8,172, showing significant growth.

Home Depot Inc:

Otter Creek Advisors LLC has significantly increased its holdings in Home Depot Inc. In Q4 2022, the fund had 15,000 shares. However, in Q1 2023, Otter Creek Advisors LLC acquired 25,000 shares in the Home Depot Inc fund amounting to $7,378. It depicts a considerable increase of 55.7% in holdings.

Nvidia Corporation:

While Otter Creek Advisors LLC had 30,000 shares in Nvidia Corporation in Q4 2022 amounting to $4,384, its Q1 2023 holdings showed a decreased value of 20.8% as the fund owned only 12,500 shares in the corporation.

Avid Technology Inc:

Lastly, Avid Technology Inc showed an apparent decrease in holdings for Otter Creek Holdings LLC. In Q4 2022, Otter Creek Holdings LLC had 181,369 shares in Avid Technology. However, in Q1 2023, the holdings of Otter Creek Advisors LLC were reduced to 99,673 shares. The significant decrease in holdings shows a 33.9% decline in the fund's interests.

In summary, Otter Creek Advisors LLC has made substantial changes in its portfolio holdings from Q4 2022 to Q1 2023. While some funds show an increase in holdings, others demonstrate a decline. The investment market is bound to fluctuate, and it is essential to stay up-to-date with the latest changes in holdings and trends to make informed investment decisions.