Alphadyne Asset Management LP Q3 2022 vs. Q4 2022: Analyzing Fund Holdings Trends

Alphadyne Asset Management LP, a leading investment firm, recently disclosed its Q3 2022 and Q4 2022 13F holdings. Their 13F demonstrates which stocks, equity options, and exchange-traded funds (ETFs) were held by the fund during that period. Understanding these holdings can provide insights into the fund manager's strategy and intentions. In this article, we will analyze the changes in Alphadyne Asset Management LP's holdings to provide a better understanding of their investment approach.

Apple Inc - A Steady Favorite

Apple Inc (AAPL) has remained a steady favorite for the fund, and Q4 2022 shows a significant increase in shares in comparison to Q3 2022. In Q3, they held 595 put option shares worth $8,223,000, and in Q4, holding 1,037,900 shares worth $134,855,000. The value of the shares increases by 1,540%. Additionally, for calls, they acquired 43,700 shares, which were not present in Q3, showing that they are bullish on AAPL's future prospects.

Select Sector SPDR Trust - Sector-wise Investment

Alphadyne Asset Management LP has also been investing in various sectors, such as XLE (Select Sector SPDR Trust for the Energy Sector), XLF (Select Sector SPDR Trust for the Financial Sector), and XLK (Select Sector SPDR Trust for the Technology Sector). In Q4 2022, XLE put options saw a 421.1% increase, with 1,177,400 shares worth $102,988,000. XLF's Q4 holdings increased to 50,720 shares worth $1,733,000. XLK, in contrast, saw some put option shares decrease from 293,100 to 87,178 with a change of 461.2%.

SPDR Gold Trust - Shifting Preferences

The fund managers have also demonstrated a shift in their preference from SPDR Gold Trust (GLD) puts to calls. In Q3, the fund held no shares of GLD or any call option shares. In Q4, they sold 554,600 put option shares but bought 60,200 call shares worth $10,212,000, with a value increase of 100%.

ISHARES - Changing Trends

The managers of Alphadyne Asset Management LP also showed some interest in iShares during Q4 2022. The fund, which did not hold any call options for iShares Silver Trust (SLV) in Q3, bought 350,000 call option shares in Q4, worth $7,707,000. Similarly, in Q4, they purchased 105,800 puts worth $1,366,000 for iShares Select Dividend ETF (DVY).

Conclusion

The Q3 2022 versus Q4 2022 13F holdings comparison for the Alphadyne Asset Management LP fund's clearly indicates the fund manager's interest in tech and energy sectors. The fund's increasing interest in companies, such as Apple Inc. and iShares Silver Trust, shows an optimistic outlook for the future. Hence, the changes in holdings give investors insight into Alphadyne's investment strategy to identify potential investment opportunities.