Raine Capital LLC's Q3 and Q4 2022 13F Holdings: A Deep Dive into Their Investments

As the financial industry continues to evolve, it's more important than ever for investors to stay on top of the changing market trends. One way to do this is by regularly analyzing 13F filings from top investment firms to determine where they're allocating their assets. Raine Capital LLC, a leading investment firm, recently released their Q3 and Q4 2022 13F holdings report, and the results are intriguing to say the least.

In this article, we'll take a closer look at Raine Capital LLC's Q3 and Q4 2022 13F holdings, focusing on their top investments and how they shifted their portfolio over the two quarters.

Top Investments

Raine Capital LLC's top five investments in Q3 2022 were OLO Inc, The Beachbody Company Inc, DraftKings Inc New, Genius Sports Limited, and Frontier Communications PARE. However, in Q4 2022 their top five were OLO Inc, DraftKings Inc New, The Beachbody Company Inc, Genius Sports Limited, and Charter Communications Inc N.

One of the most interesting changes between the two quarters was the drastic decrease in value of Raine Capital LLC's holdings in The Beachbody Company Inc. In Q3 2022, their holdings were valued at $37,869,000; however, this value dropped to $19,724,000 in Q4 2022, a decrease of 47.9%. This represents a significant shift in the way Raine Capital LLC views this company and highlights the risks of investing in individual stocks.

Changes in Holdings

Raine Capital LLC made some significant shifts in their holdings between Q3 and Q4 2022. For example, they increased their holdings in DraftKings Inc New from 11,223,682 shares in Q3 to 11,218,011 shares in Q4. However, the value of these holdings decreased from $169,925,000 to $127,773,000, representing a decrease of 24.8%.

Interestingly, Raine Capital LLC completely sold off their holdings in Liberty Global PLC, which had been valued at $2,145,000 in Q3 2022. This represents a decision to divest from a company that may not have met their investment objectives or was deemed too risky in the current climate.

Conclusion

In conclusion, Raine Capital LLC's Q3 and Q4 2022 13F holdings report reveals some interesting insights into their investment strategy. While the report includes some positive changes, it also highlights some risks associated with investing in individual companies. By keeping a close eye on these changes, investors can stay informed and make better decisions about their portfolios.