New Capital Management LP Q4 2022 vs. Q1 2023 13F Holdings Comparison

As the world continues to witness the devastation brought about by the global pandemic, investors are keeping a close watch on market trends and developments to help them make informed investment decisions. With the year 2022 coming to a close, it's time to reflect on the changes that took place in the holdings of one of the most prominent hedge fund firms in the market, the New Capital Management LP. This blog post will provide an overview of the Q4 2022 versus the Q1 2023 13F holdings comparison, highlighting the significant changes that have taken place.

Introduction

New Capital Management LP is one of the largest hedge fund firms in the market today, and they handle billions of dollars in assets for their clients worldwide. As an investment firm, they specialize in managing equity, fixed income, and derivative securities across multiple markets, including the US, Europe, and Asia. The firm's 13F filings provide a glimpse into their portfolio, and the latest report indicates significant changes in their holdings for the Q4 2022 compared to the Q1 2023.

Main Body

DFAC, which is a dimensional ETF trust, saw a 10% increase in shares held by New Capital Management in Q1 2023. Likewise, the holdings of DFAX, another dimension ETF trust, increased by 14.8%, while SHY, an iShares TR, saw an impressive 38.8% jump in shares. These holdings signify the firm's confidence in the ETF market, as they continue to seek out investments that provide maximum returns with minimal risk.

On the other hand, STIP, which is also an iShares TR, saw a significant decrease in shares held, falling by 12.1%. The holdings of BSV, a Vanguard BD Index FDS, also dropped by 10.4%, indicating the firm's exit strategy for the fixed-income securities. The reduction in holdings of these stocks could be a strategic move to recover from losses incurred during the pandemic.

Meanwhile, tech giant Apple saw a modest 25.8% increase in shares held, accompanied by a 1.9% bump in their portfolio for IAGG, an iShares TR. This move could signify the firm's confidence in the IT sector amidst the global "work-from-home" transition, leading many businesses to invest in the tech market.

Another significant change was observed in the holdings of J P Morgan Exchange Traded F, with JMST increasing by a remarkable 87.9%, and JPST's holdings spiking by 118.5%. This shift reinforces the firm's interest in investing in ETFs that offer innovative ways to optimize profits in various market conditions.

Conclusion

The 13F holdings comparison of New Capital Management LP for Q4 2022 vs. Q1 2023 showed a significant increase in ETF holdings, primarily focusing on Dimensional ETF Trust and iShares TR. However, there were notable reductions in the fixed-income assets of the portfolio. The strategic shift towards technology investments shows a confident outlook from the investing firm in the IT sector amidst the pandemic. With ever-changing market trends and volatile conditions, it is essential to keep a close eye on the changes in the holdings of hedge fund managers like New Capital Management LP, to make informed investment decisions.