Analyzing Mesirow Financial's Q4 2022 vs. Q1 2023 13F Holdings: Which Stocks Changed and Why?
Ava Hoppe | 2 May, 2023
Mesirow Financial Investment Management, Inc. recently released its 13F form, disclosing the changes made in its holdings from Q4 2022 to Q1 2023. The report shows that Mesirow Financial increased its investments in some companies while reducing them in others. In this article, we'll analyze the changes in Mesirow Financial's holdings and discuss the reasons why they made these changes.
First, let's take a closer look at some of the companies that Mesirow Financial increased its investments in. Alphatec Holdings Inc. (ATEC) saw the biggest increase in Mesirow Financial's holdings, with an increase of 29.8%. ATEC is a medical device company that develops and markets spinal fusion technology. The increase in Mesirow Financial's investment can be attributed to ATEC's strong financial performance and promising future growth prospects.
Another company that Mesirow Financial invested more in is NerdWallet Inc. (NRDS), a personal finance website that provides users with financial advice and tools. Mesirow Financial increased its holdings in NRDS by 68.5%. The increase in investment can be attributed to NRDS's success in attracting a larger user base and generating revenue through its affiliate marketing program.
On the other hand, Mesirow Financial reduced its investments in some companies. One such company is Coastal Financial Corporation (CCB), a bank holding company that provides retail and commercial banking services. Mesirow Financial reduced its holdings in CCB by 23.7%. The reduction in investment can be attributed to CCB's underperformance compared to other financial institutions and concerns regarding its loan portfolio.
Another company that Mesirow Financial reduced its investments in is Old Second Bancorp Inc. (OSBC), a bank holding company that provides retail and commercial banking services. Mesirow Financial reduced its holdings in OSBC by 12.3%. The reduction can be attributed to concerns regarding the bank's loan portfolio and its non-performing assets.
In conclusion, Mesirow Financial made various changes to its holdings from Q4 2022 to Q1 2023. While they increased their investments in companies like Alphatec Holdings Inc. and NerdWallet Inc., they reduced their investments in Coastal Financial Corporation and Old Second Bancorp Inc. These changes are a reflection of Mesirow Financial's investment strategy, which involves investing in companies that have strong financial performance and future growth potential while reducing investments in companies with concerns regarding their loan portfolios or non-performing assets.
Other Posts
- Westside Investment Management, Inc. Q1 2023 vs. Q2 2023: A Comprehensive Analysis of 13F Holdings Changes
- Scopus Asset Management 13F Holdings Comparison: Q3 vs Q4 2022 Highlights Significant Changes in Key Sectors.
- Alaska Wealth Advisors Q3 2023 vs. Q4 2023 13F Holdings Comparison
- The Rise and Fall of Van Strum & Towne Inc.: Analyzing Q3 vs. Q4 2022 13F Holdings
- Significant Changes to Restructuring Capital Associates LP's Portfolio Holdings During Q1 and Q2 2019 Filings
- Exploring the Winds of Change: How Bourne Lent Asset Management Inc Adjusted its Portfolio in Early 2024
- New England Professional Planning Group Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison
- Marketfield Asset Management LLC's Q4 2022 13F filings reveal bullish outlook on energy, mining and construction industries
- Midas Management Corp Q1 2019 vs. Q2 2019 13F Holdings Comparison
- Uniplan Investment Counsel, Inc. Q3 2022 vs. Q4 2022 Fund Changes: Top Holdings and Key Trends