Analyzing Needham Investment Management LLC Q3 2022 vs. Q4 2022 13F Holdings: A Comprehensive Report

In the world of finance, data is king, and any investor worth their salt must be able to analyze it effectively. One essential source of data in the investment world is the 13F filings, which are filed quarterly by investment managers with over $100 million in assets under management. These filings provide a detailed report of the holdings of a fund, including the number of shares and the value of the positions.

In this article, we will be analyzing the Q3 2022 vs. Q4 2022 13F holdings of Needham Investment Management LLC. We will be looking at the changes in the firm's holdings, identifying the top holdings, and exploring any significant moves made by the fund during the period.

Top Holdings

The top five holdings of Needham Investment Management LLC in Q4 2022 by value were:

1. Super Micro Computer Inc (SMCI)

2. Photronics Inc (PLAB)

3. KVH Industries Inc (KVHI)

4. Aspen Aerogels Inc (ASPN)

5. Thermo Fisher Scientific Inc (TMO)

Super Micro Computer Inc (SMCI) was the largest holding in the fund, valued at $22,372,000. The company supplies computer servers, motherboards, and other components to data centers, cloud computing providers, and other enterprises.

Changes in Holdings

During the period of Q3 2022 to Q4 2022, Needham Investment Management LLC made several significant changes to its holdings. Let's take a closer look at some of the more notable changes.

New Positions:

During the period under review, Needham Investment Management LLC acquired new positions in the following companies:

1. BigCommerce Holdings Inc (BIGC)

2. Oil-Dri Corporation of America (ODC)

3. Brookfield Corporation (BN.TO)

BigCommerce Holdings Inc (BIGC) was the largest new position, with the fund acquiring 417,500 shares for a total value of $3,648,000. The company provides e-commerce software and related services to online businesses.

Closed Positions:

The fund closed positions in the following companies during the period under review:

1. Lumentum Holdings Inc (LITE)

2. Chart Industries Inc (GTLS)

3. Rogers Corporation (ROG)

Liquidating its position in Lumentum Holdings Inc (LITE) was the most significant move, with the fund selling all of its shares, valued at $5,217,000.

Increased Positions:

Needham Investment Management LLC increased its position in the following companies during the period under review:

1. Akoustis Technologies Inc (AKTS)

2. Alteryx Inc (AYX)

3. Veeva Systems Inc (VEEV)

The fund's position in Akoustis Technologies Inc (AKTS) increased the most, with the firm adding 109,250 shares, a 20.2% increase over its Q3 position. The company designs and manufactures radio-frequency filters used in the communications industry.

Decreased Positions:

During the period under review, Needham Investment Management LLC decreased its position in the following companies:

1. Telos Corporation (TLS)

2. Infinera Corporation (INFN)

3. Vishay Precision Group Inc (VPG)

The fund reduced its position in Infinera Corporation (INFN) the most, with the firm selling 900,000 shares, a 23.4% decrease over its Q3 position. The company provides networking equipment and software to telecommunications providers.

Conclusion

In conclusion, the holdings of Needham Investment Management LLC saw several significant changes during the period of Q3 2022 to Q4 2022. The fund made new investments in companies such as BigCommerce Holdings Inc and Oil-Dri Corporation of America, closed positions in Lumentum Holdings Inc and others, and increased significantly in Akoustis Technologies Inc. As always, data is king in the world of finance, and understanding the moves made by investment managers is essential to making informed investment decisions.