The Engle Capital Management, L.P. Q3 2022 to Q4 2022 13F Holdings Analysis

In the world of finance, investors are always on the lookout for any changes in their holdings. The recent release of the Engle Capital Management, L.P. Q3 2022 to Q4 2022 13F Holdings report has caused quite a stir, revealing significant changes in the holdings of the fund. In this blog post, we will go over the significant changes in holdings, their impact, and what it means for investors.

UnitedHealth Group Inc. (UNH)

The report shows that the number of shares held by Engle Capital Management in UNH increased from 44,000 to 51,000, reflecting a 21.7% change. The value of the shares also increased, from $22,222,000 to $27,039,000. This change indicates that Engle Capital sees UNH as an attractive investment prospect, as the company has been performing solidly in the market.

ACV Auctions Inc. (ACVA)

ACVA was another star performer in the Engle Capital portfolio, with the company's shares increasing in value. Despite the number of shares in Engle Capital's possession decreasing from 3,050,000 to 2,944,000, the value of the shares increased from $21,930,000 to $24,170,000, or a 10.2% change. This change suggests that Engle Capital still sees ACVA as a very promising investment.

Bath & Body Works Inc. (BBWI)

BBWI was one of the most significant movers in the Engle Capital portfolio, with the number of shares held by the fund increasing from 322,000 to 505,000. This change is a considerable increase of 56.80%, and it reflects Engle Capital's optimism towards the company. The value of the BBWI shares also increased, from $10,497,000 to $21,280,000, reflecting a phenomenal 102.7% increase.

Godaddy Inc. (GDDY)

On the other hand, the report shows a significant decrease in the number of shares held in GDDY, with the number of shares dropping from 427,000 to 250,000. The value of the shares also fell sharply, from $30,266,000 to $18,705,000, marking a decrease of 38.2%. This change perhaps indicates that Engle Capital is less confident about the performance of this company.

Conclusion

In summary, the Engle Capital Management, L.P. Q3 2022 to Q4 2022 13F Holdings report revealed significant fluctuations between the two quarters. Although some stocks performed better than expected, others recorded significant changes, with Engle Capital either adding or removing shares from its portfolio. As always, investors need to consider their investment goals and evaluate the suitability of each security before making any investment decisions.