Teewinot Capital Advisers Q3 2022 vs. Q4 2022: A Look at the Changes in Fund Holdings

Teewinot Capital Advisers, L.L.C. is an investment management firm that primarily invests in technology, media, and telecom (TMT) companies. The firm recently released its 13F holdings report for Q3 2022 and Q4 2022, which provides a snapshot of the firm's investment holdings at the end of each quarter. In this article, we'll take a closer look at the changes in Teewinot Capital Advisers' fund holdings between Q3 2022 and Q4 2022.

To provide context, a 13F filing is a quarterly report filed by institutional investment managers with at least $100 million in assets under management. The report discloses the institutional investment manager's holdings of publicly traded securities, including stocks, options, and convertible debt securities.

Notably, Teewinot Capital Advisers' overall value of holdings increased from $1,091,103 in Q3 2022 to $1,261,952 in Q4 2022, a 15.6% increase. Here are some of the highlights of the changes in holdings:

Netflix (NFLX) - +2.1% - Teewinot Capital Advisers increased its holdings of Netflix by 1,796 shares, bringing its total shares to 172,215.

Meta Platforms Inc (META) - +34.8% - Teewinot Capital Advisers increased its holdings of Meta Platforms by 78,269 shares, bringing its total shares to 301,911.

Alphabet Inc (GOOGL) - +7.6% - Teewinot Capital Advisers increased its holdings of Alphabet by 25,738 shares, bringing its total shares to 364,391.

Uber Technologies Inc (UBER) - -1.6% - Teewinot Capital Advisers decreased its holdings of Uber by 16,530 shares, bringing its total shares to 1,021,657.

Bank of America Corp (BAC) - -10.9% - Teewinot Capital Advisers decreased its holdings of Bank of America by 83,144 shares, bringing its total shares to 679,287.

General Motors Co (GM) - -20.9% - Teewinot Capital Advisers decreased its holdings of General Motors by 159,562 shares, bringing its total shares to 603,419.

Microsoft Corp (MSFT) - +28.9% - Teewinot Capital Advisers increased its holdings of Microsoft by 18,448 shares, bringing its total shares to 82,031.

Cigna Corp New (CI) - -83.6% - Teewinot Capital Advisers decreased its holdings of Cigna by 39,594 shares, bringing its total shares to 41,810.

Johnson & Johnson (JNJ) - -55.0% - Teewinot Capital Advisers decreased its holdings of Johnson & Johnson by 58,477 shares, bringing its total shares to 59,710.

StoneCo Ltd (STNE) - +85.4% - Teewinot Capital Advisers increased its holdings of StoneCo by 365,603 shares, bringing its total shares to 784,901.

Booking Holdings Inc (BKNG) - +100.0% - Teewinot Capital Advisers acquired 2,363 shares of Booking Holdings in Q4 2022 after reporting zero shares in Q3 2022.

There were also some changes in the options holdings of Teewinot Capital Advisers. Notably, the firm acquired 900 call options for Meta Platforms Inc and 2,000 call options for Uber Technologies Inc in Q4 2022. On the other hand, the firm sold all of its 250 call options for Microsoft Corp in Q4 2022.

In conclusion, Teewinot Capital Advisers had a net increase in its 13F holdings value in Q4 2022 compared to Q3 2022. The firm increased its holdings in some companies, such as Meta Platforms and Alphabet, while decreasing its holdings in others, such as Johnson & Johnson and Cigna Corp New. Additionally, the firm also made some notable changes in its options holdings. It's important to note that 13F filings only provide a snapshot of the institutional investment manager's holdings at a specific point in time and may not reflect the current state of the portfolio.