Navigating GSA Capital Partners' Q3 2022 vs. Q4 2022 13F Holdings Changes

In the world of finance, investment funds play a crucial role in money management. One such fund, GSA Capital Partners LLP, has recently updated its 13F holdings for Q3 2022 and Q4 2022, and the changes are worth taking note of for investors. In this blog post, we will explore the significant changes that occurred in GSA Capital's holdings throughout this period and analyze the impact of these changes on the fund's overall strategy.

Introduction

GSA Capital's 13F filings are made quarterly, providing investors a glimpse of the fund's holdings as of the end of each quarter. These filings are mandated by the Securities and Exchange Commission (SEC) and are publicly available. The Q3 2022 and Q4 2022 filings show some considerable movement in GSA Capital's holdings. The fund traded in 35 securities in Q3 2022 and increased it to 38 securities in Q4 2022.

Main Body

In Q3 2022, GSA Capital's top holdings included Transocean Ltd, Viking Therapeutics Inc, and Black Stone Minerals Lp. However, the fund divested more than 147,200 shares of Viking Therapeutics Inc in Q4 2022, reducing the holding by almost 6.5%. Similarly, the fund sold over 148,500 shares of Black Stone Minerals Lp, accounting for a 14.5% decrease in Q4 2022. It is worth noting that the fund had no holdings of G III Apparel Group Ltd, Guess Inc, or Frontier Group Holdings Inc in Q3 2022 but acquired over 180,000 shares of G III Apparel, more than 76,000 shares of Guess Inc, and over 160,000 shares of Frontier Group Holdings in Q4 2022.

Other notable changes for GSA Capital included its holdings of Ardeleyx Inc, Nektar Therapeutics, and Neurocrine Biosciences Inc. The fund increased its holdings in Ardeleyx and Nektar Therapeutics by over 17% and 986%, respectively, in Q4 2022. In contrast, its holdings of Neurocrine Biosciences Inc decreased by 62% over the same period.

One of the most significant holdings for GSA Capital was Krispy Kreme Inc, where the fund increased its holdings by over nine times or almost 823% in Q4 2022. On the other hand, the fund's holdings in PG&E Corp was at zero in Q3 2022, which changed as the fund acquired over 476,000 shares of PG&E Corp in Q4 2022.

Conclusion

In conclusion, GSA Capital's Q3 2022 vs. Q4 2022 13F filings reveal various significant changes in holdings. The fund divested some previously top holdings and acquired several new holdings while retaining some long-term holdings. We must note that 13F filings only capture a point in time and do not provide any context for the changes. Still, they are useful in analyzing the fund's portfolio moves and, ultimately, the fund's investment strategy. As with any investment decision, it is essential to consider multiple factors before investing.