Steinberg Asset Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

Steinberg Asset Management LLC has recently released their Q4 2022 13F filing, which has revealed some interesting changes in their holdings compared to Q3 2022. As an expert in the field, we’ve analyzed the data and identified some key takeaways.

Firstly, we see that GOLAR LNG LTD (GLNG) continues to be a top holding for the firm, with only a slight increase in shares from Q3 to Q4. This signals that the company believes in the long-term potential of the natural gas market, despite some recent volatility.

On the other hand, a noticeable decrease in shares held of Liberty Global plc (LBTYK) suggests that Steinberg Asset Management may be shifting their focus away from the company. The decrease in shares held also coincides with a decrease in the value of the company, both in terms of shares and overall value, which could also be a factor in the decision.

Another interesting change is the significant increase in shares held of Madison Square Garden Sports Corp (MSGS). While the exact reasoning behind this isn’t clear, it’s possible that the company believes in the future potential of the sports and entertainment industry following the pandemic.

It’s also worth noting that the firm has seemingly taken a position in several companies that were not previously held in Q3, including Avid Technology Inc (AVID), Warner Bros Discovery Inc (WBD), and Thermo Fisher Scientific Inc (TMO).

Overall, it’s clear that Steinberg Asset Management LLC is constantly adapting and adjusting their holdings based on the current market landscape. With a diversified portfolio of companies from various industries, the firm is positioning themselves for success in the long run.