ArrowMark Colorado Holdings LLC Q3 vs. Q4 2022: A Closer Look at the Changes in Holdings

ArrowMark Colorado Holdings LLC, an investment management company, released its latest 13F filings documenting its holdings as of Q4 2022. The report showed the company's portfolio changes compared to the previous quarter, Q3 2022. In this article, we will closely examine the changes in the holdings of ArrowMark Colorado Holdings LLC and what it means for the company.

Overview of ArrowMark Colorado Holdings LLC

ArrowMark Colorado Holdings LLC is a Denver-based investment management company founded in 2007. The company manages approximately $24.4 billion in assets and provides investment advisory services to several private funds, including mutual funds. ArrowMark's investment strategy focuses on investing in businesses with attractive valuations.

ArrowMark Colorado Holdings LLC Q3 vs. Q4 2022: Changes in Holdings

The Q4 2022 13F report shows that ArrowMark Colorado Holdings LLC had a total portfolio value of $6.4 billion, a 0.98% decrease from its Q3 2022 portfolio value of $6.5 billion. The report also shows that the company made significant changes to its holdings during the quarter, with some stocks seeing major increases and decreases in the number of shares held.

Increase in Holdings

Quidel Ortho Corp (QDEL) was the largest increase in holdings during the quarter, with a 36.3% increase in the number of shares held. ArrowMark Colorado Holdings LLC held 2,928,892 shares worth $250.9 million, up from 2,576,318 shares worth $184.2 million in Q3 2022.

Ritchie Bros Auctioneers (RBA) also saw a 16.3% increase in the number of shares held, with ArrowMark Colorado Holdings LLC holding 4,307,036 shares worth $249.1 million in Q4 2022, up from 3,426,878 shares worth $214.1 million in Q3 2022.

Alight INC (ALIT) had the third-largest increase in holdings during the quarter, with a 48% increase in the number of shares held. ArrowMark Colorado Holdings LLC held 26,255,426 shares worth $219.5 million in Q4 2022, up from 20,238,297 shares worth $148.3 million in Q3 2022.

Decrease in Holdings

Dynatrace INC (DT) was the largest decrease in holdings during the quarter, with a 66.9% decrease in the number of shares held. ArrowMark Colorado Holdings LLC held 1,772,086 shares worth $67.9 million in Q4 2022, down from 1,168,248 shares worth $40.7 million in Q3 2022.

Sally Beauty Holdings Inc (SBH) was the second-largest decrease in holdings during the quarter, with a 31.7% decrease in the number of shares held. ArrowMark Colorado Holdings LLC held 7,558,730 shares worth $94.6 million in Q4 2022, down from 10,996,641 shares worth $138.6 million in Q3 2022.

C.H. Robinson Worldwide Inc (CHRW) had the third-largest decrease in holdings during the quarter, with a 46.1% decrease in the number of shares held. ArrowMark Colorado Holdings LLC held 483,176 shares worth $44.2 million in Q4 2022, down from 851,700 shares worth $82.0 million in Q3 2022.

Conclusion

ArrowMark Colorado Holdings LLC's Q4 2022 13F report shows a mixed bag of results with some companies seeing an increase in their holdings, while others saw a decrease. The increase in holdings in QDEL, RBA, and ALIT showcased the company's interest in the healthcare and technology industries. On the other hand, the decrease in holdings in DT, SBH, and CHRW highlighted a shift in interest away from the industrials and technology sectors. Overall, the changes in holdings appear to show that ArrowMark Colorado Holdings LLC remains committed to its investment strategy of investing in businesses with attractive valuations.