The Rise and Fall: A Look at Gotham Asset Management's Q3 2022 vs. Q4 2022 Holdings

Gotham Asset Management, LLC is a well-known asset management firm that handles around $5.5 billion in assets. As one of the companies that file 13F forms, the firm offers a glimpse into the stocks it holds every quarter, providing an idea of its investment strategy. Gotham Asset Management recently released its Q3 2022 vs. Q4 2022 13F holdings comparison, which shows a significant percentage of stock value change. In this article, we'll look at the top holdings in Gotham's portfolio and explore the reasons behind the change in stock value.

Gotham Asset Management's top holdings

Gotham's Q3 2022 top holdings included GSPY, SPY, and IVV, which maintained their positions in Q4. GSPY, a TIDAL ETF TR, saw a 6.2% increase in value with Q4 holdings of 12,013,007 shares compared to Q3's 12,013,687 shares. SPY, an S&P 500 ETF TR, recorded a 14.3% increase in value with Q4 holdings of 519,546 shares, up from Q3's 486,759 shares. IVV, an iShares TR, saw its Q4 holdings of 166,574 shares, representing a 21.4% increase in value compared to Q3's 146,940 shares.

Gotham's Q3 2022 vs. Q4 2022 holdings that experienced a significant increase in value

Among the holdings that experienced a significant increase in value, PayPay Holdings Inc (PYPL) takes the top spot, with a staggering 59.7% increase in the number of shares held. Gotham held 150,903 shares of PYPL in Q3, which increased to 291,300 shares in Q4, with a total value of $20,746,000.

Gotham's holdings of META Platforms Inc (META) saw a 25.9% drop in value as shares decreased from 188,573 shares in Q3 to 157,461 shares in Q4. Another significant decrease in value was Amazon.com Inc (AMZN), which saw a drop of 21% in the value of shares held.

Reasons behind the changes in value

The possible reasons behind the increase in the value of stocks can be attributed to a company's financial performance and market trends. In the case of Gotham's holdings, the reason behind the significant increase in PYPL 's shares held is that PayPal's revenue and earnings were higher than expected, mainly due to an increase in digital payments, which is a trend that has gained momentum due to the pandemic.

On the other hand, the drop in the value of shares held by Gotham in META and AMZN can be attributed to various factors. In META's case, there has been growing concern about the company's ability to maintain its revenue growth rate. AMZN faces more significant competition from players like Walmart and Alibaba. The e-commerce giant has also been plagued by legal issues, such as a $61.7 million fine imposed by the European Union for violating data privacy laws.

Conclusion

Gotham Asset Management's holdings comparison shows that investment strategies are not always foolproof, and a change in stock value can be due to various factors, such as industry trends and company performance. It is prudent to regularly assess and analyze holdings to adjust investment strategies in time for optimal returns.