Analyzing ClariVest Asset Management LLC: Q3 2022 vs. Q4 2022 Holdings Comparisons

ClariVest Asset Management LLC, a global investment management firm, recently disclosed its Q3 2022 and Q4 2022 13F Holdings Comparisons. The 13F filings reveal details on the firm's equity holdings as of September 30, 2022, and December 31, 2022, respectively. This analysis will provide insight into the changes that ClariVest Asset Management LLC made to its equities during the period.

Introduction:

ClariVest Asset Management LLC has recently provided the public with details of the changes in its equity holdings between Q3 2022 and Q4 2022, as revealed in its 13F filings. This report will analyze the changes made by the firm in the quarter, the new holdings that have been added, and the ones that have been reduced or eliminated.

Body:

During the period under review, ClariVest Asset Management LLC held a total market value of $969,566,000 in equity assets. This marks a 3.3% decrease in value compared to the previous quarter's value of $1,001,306,000. The firm invested in a total of 47 different equities in Q4, up from 45 in the previous quarter.

The company's top five equity holdings in Q4 were in Apple Inc., Microsoft Corp, Amazon Com Inc., Alphabet Inc., and NVIDIA Corporation. These five companies alone made up a total market value of $399,620,000 or 41.2% of the firm's total equity assets.

ClariVest Asset Management LLC made some notable changes to its holdings during the quarter. The firm significantly reduced its holdings in Amazon Com Inc., reducing its shares from 740,112 to 722,839, a decrease of 2.3%. This move also decreased the Q3 2022 dollar value of $83,634,000 to $60,718,000 in Q4 2022, a decrease of 27.4%. Amazon's reduced profile in ClariVest Asset Management LLC's investments seems to suggest that the firm may have lowered its expectations for the company.

Another notable cut was in Tesla Inc., which experienced a 54.7% decrease in shares from 241,427 to 235,478. This move also pulled down the Q3 2022 dollar value of $64,038,000 to $29,006,000 in Q4 2022, a decrease of 54.7%. Like Amazon, this move seems to suggest that ClariVest Asset Management LLC may have lost confidence in Tesla's future prospects.

ClariVest Asset Management LLC also showed an increase in its holdings of Synopsys Inc., raising its shares from 119,260 to 114,639, an increase of 4%. This move also increased the Q3 2022 dollar value of $36,436,000 to $36,604,000 in Q4 2022, an increase of 0.5%. This increase seems to suggest that the firm perceives a positive future for the company, and this move may continue in the future.

Conclusion:

These changes made by ClariVest Asset Management LLC in Q3 2022 and Q4 2022 show some strategic movements regarding the firm's investment choices. The firm reduced positions in companies like Amazon and Tesla while increasing positions in firms like Synopsys. This move indicates that the firm may be scrutinizing its holdings more critically. It is worth noting that these holdings are a snapshot of ClariVest Asset Management LLC's investments at a particular point in time and should not be seen as investment advice.