Investment Firm Smith, Graham & Co. LP Q3 vs. Q4 Holdings: Winners, Losers, and Changes

The third and fourth quarters of 2022 brought about a reshuffling of holdings for Smith, Graham & Co., Investment Advisors, LP. The firm's 13F holdings comparison reveals a mix of winners and losers, as well as notable changes across industries. In this blog post, we'll look at some of the most significant shifts in the fund's holdings, including changes in shares and value, and what these changes may signal.

Winners:

Hibbett Inc. - The sports apparel and footwear company experienced a 30% increase in the firm's holdings. While the value of these shares jumped from $10.9 million to $14.2 million, Hibbett inc. had the highest change percentage of any of the winners.

Decker Outdoor Corporation - Despite a slight decrease in shares held, the value of these shares increased by 24.7% from $11.6 million to $14.5 million. Decker's performance highlights the importance of value over shares held.

Group 1 Automotive, Inc. - Although only a slight increase in shares, Group 1 Automotive saw a significant increase in the value of these shares, from $11.2 million to $14 million.

Losers:

Comstock Resources, Inc. - The energy company was one of the biggest losers from Q3 to Q4, with a 21% decrease in the value of shares held. Interestingly, the number of shares remained relatively unchanged.

Green Dot Corp. - The payment technology company saw a significant decrease in the number of shares held, dropping from 375,186 shares to 409,447 shares. This 9% decrease translates to a 9% decrease in value.

Changes:

ULTRA Clean Holdings - A 28% increase in share value, coupled with a marginal increase in shares owned makes ULTRA Clean Holdings one of the most significant changes in Smith, Graham & Co.'s holdings.

Patterson Cos Inc. - Another interesting change took place with the dental and animal health company. Patterson Cos saw an impressive 16.3% increase in value, with an 8.4% increase in shares held.

Cirrus Logic, Inc. - While the number of shares held remained relatively unchanged, the value of these shares rose from $7.5 million to $8.1 million, a 7.9% increase.

Conclusion:

Overall, Smith, Graham & Co.'s Q3 to Q4 2022 13F holdings comparison clearly demonstrates the ongoing fluctuations in the stock market. While some companies saw significant shifts in shares held, others saw significant changes in share value. Together, these shifts highlight the importance of keeping a watchful eye on holdings and the state of the market. By doing so, fund managers can better assess the performance of their portfolios and make informed decisions moving forward.