Bridgeway Capital Management's Q3 vs. Q4 2022 Holdings: Analyzing Top Movers and Shakers

Bridgeway Capital Management, LLC is a well-known investment advisory firm that oversees a diverse range of funds, including mutual funds and exchange-traded funds. A key aspect of the firm's investment strategy is to invest in companies with a low price-to-earnings ratio and strong fundamentals. As of Q4 2022, Bridgeway Capital Management held $20.1 billion worth of assets under management.

In this article, we will take a deep dive into Bridgeway's Q3 2022 vs. Q4 2022 13F holdings and analyze the top movers and shakers in their portfolio.

Top Movers in Bridgeway Capital Management's Portfolio

PBF Energy Inc (PBF)

Bridgeway Capital Management increased their stake in PBF Energy Inc by 22.9%, with 552,000 shares in Q3 2022 and 585,050 shares in Q4 2022. The value of their position increased from $19.4 million to $23.9 million in the same period. PBF Energy Inc is a petroleum refining and logistics company based in New Jersey, with operations in the United States and Canada.

UnitedHealth Group Inc (UNH)

Bridgeway Capital Management increased their stake in UnitedHealth Group Inc by 16.1%, with 39,185 shares in Q3 2022 and 43,320 shares in Q4 2022. The value of their position increased from $19.8 million to $22.9 million in the same period. UnitedHealth Group Inc is a diversified healthcare company that provides health insurance, medical services, and technology solutions.

Consol Energy Inc New (CEIX)

Bridgeway Capital Management increased their stake in Consol Energy Inc New by 3.5%, with 337,600 shares in Q3 2022 and 345,800 shares in Q4 2022. The value of their position increased from $21.7 million to $22.5 million in the same period. Consol Energy is a leading producer of high-quality bituminous coal in the United States.

Top Shakers in Bridgeway Capital Management's Portfolio

Genworth Finl Inc (GNW)

Bridgeway Capital Management increased their stake in Genworth Finl Inc by 56.4%, with 3,827,300 shares in Q3 2022 and 3,960,400 shares in Q4 2022. The value of their position increased from $13.4 million to $20.9 million in the same period. Genworth Finl Inc is a financial services company that focuses on the life and long-term care insurance businesses.

Meta Platforms Inc (META)

Bridgeway Capital Management increased their stake in Meta Platforms Inc by -4%, with 144,775 shares in Q3 2022 and 156,701 shares in Q4 2022. The value of their position decreased from $19.6 million to $18.9 million in the same period. Meta Platforms Inc is a technology company that operates several social media services, including Facebook, Instagram, and WhatsApp.

Microsoft Corp (MSFT)

Bridgeway Capital Management decreased their stake in Microsoft Corp by -20.1%, with 89,275 shares in Q3 2022 and 69,231 shares in Q4 2022. The value of their position decreased from $20.8 million to $16.6 million in the same period. Microsoft Corp is a multinational technology company that develops, licenses, and sells computer software, consumer electronics, and personal computers.

Conclusion

Bridgeway Capital Management's Q3 vs. Q4 2022 13F holdings offer valuable insights into the firm's investment strategy. While the firm increased their position in PBF Energy Inc, UnitedHealth Group Inc, and Consol Energy Inc New, they decreased their stake in Meta Platforms Inc and Microsoft Corp. Keeping tabs on the fund's holdings can help investors stay informed about the latest trends in the market and make sound investment decisions.