The Rise and Fall of Arcus Capital Partners, LLC: A Q3 vs. Q4 2022 Holdings Comparison

In the world of finance, portfolio managers are constantly making changes to their holdings in an attempt to maximize returns while minimizing risk. Arcus Capital Partners, LLC, a hedge fund with over $2 billion in assets under management, is no exception. In the third quarter of 2022, Arcus made several strategic moves, adding new positions while selling off others. But did these moves ultimately pay off? Let's take a closer look at Arcus' Q3 2022 vs. Q4 2022 13F holdings comparison.

One of Arcus' most significant moves in Q3 2022 was its purchase of over 1.1 million shares of JPMorgan Ultra Short Income ETF (JPST). This move made JPST one of Arcus' top holdings, with a value of over $59 million. However, by Q4 2022, Arcus had nearly doubled its position in JPST, bringing its total shares to over 2.3 million. This move paid off, as JPST saw an increase in value from $30.5 million to $59.2 million, a growth of over 94%.

While Arcus' addition of JPST was a success, their purchase of Dream Finders Homes Inc (DFH) in Q3 2022 did not yield the same result. With a value of over $32 million, DFH was one of Arcus' top holdings in Q3. However, by Q4 2022, Arcus had sold off over 4.5% of their position in DFH, resulting in a decrease in value from $32.3 million to $25.4 million, a decline of over 21%.

Arcus also made moves in the exchange-traded fund (ETF) market during Q3 and Q4 2022. In Q3, Arcus significantly increased its position in iShares TR Core S&P Mid-Cap ETF (IJH), purchasing over 65,000 shares. However, by Q4 2022, Arcus had sold off a large portion of their position in IJH, resulting in a decrease in value from $14.3 million to $8.8 million, a decline of over 38%.

Conversely, Arcus' move into SPDR S&P 500 ETF Trust (SPY) paid off. In Q3 2022, Arcus purchased over 6,800 shares of SPY, with a value of $2.45 million. By Q4, the hedge fund had nearly tripled its position in SPY, with over 16,400 shares and a value of $6.3 million. This move proved to be successful, as SPY saw a growth of over 156%.

Other notable changes in Arcus' holdings included their decrease in position in Acacia Communications, Inc. (ACIA), which went from a value of $16.5 million in Q3 2022 to just $1.4 million in Q4 2022, a decline of over 91%. Arcus also made a more modest reduction in its position in Coca-Cola Co (KO), with a decrease in value from $35.7 million in Q3 to $40.5 million in Q4, a decline of 13%.

In conclusion, Arcus Capital Partners, LLC made some strategic moves in the Q3 vs. Q4 2022 period, with mixed results. While their purchase of JPST and SPY proved successful, their move into DFH did not yield the same success. It's clear that constant monitoring and analysis of holdings is critical for portfolio managers like Arcus, who must make informed decisions in a volatile market.

As an investor or portfolio manager, it's important to stay informed and up-to-date on changes in holdings such as those made by Arcus. By keeping a close eye on these changes, and analyzing their impact on overall performance, investors can gain valuable insights and make informed decisions about their own holdings.