Business Transformation: Analyzing Gores Group's Q2 2018 vs. Q3 2018 Holdings

Investing in the stock market is not just about buying shares and holding onto them. It requires constant monitoring, analysis, and adaptation. One of the key ways to stay on top of your investments is by monitoring the holdings of your chosen funds. In this blog post, we will analyze Gores Group, LLC's Q2 2018 vs. Q3 2018 13F holdings comparison and discuss the changes made by the fund managers.

Introduction

Gores Group, LLC is a Los Angeles-based private equity firm known for its transformational approach to investing. The firm specializes in acquiring underperforming companies and turning them around to create value for shareholders. Gores Group manages various funds, including the Gores Holdings III, which went public in 2018. In this blog post, we will focus on Gores Group's 13F holdings and discuss the changes made between Q2 2018 and Q3 2018.

Main Body

The 13F filings with the Securities and Exchange Commission (SEC) require institutional investment managers with over $100 million in assets to report their holdings quarterly. These filings provide crucial information about a fund's portfolio, including the number of shares held, the value of these shares, and the percentage of changes made by the fund managers.

Gores Group's Q2 2018 13F holdings report indicated that the fund invested in BMC Stock Holdings, Inc. by purchasing 1,069,090 shares worth $22,291,000. However, in the Q3 2018 13F holdings report, the fund's shares in BMC Stock Holdings, Inc. read zero. The fund managers made a significant move by liquidating their entire holdings in the company, resulting in a negative change of 100%.

BMC Stock Holdings, Inc. is a provider of diversified building products and services to professional builders and contractors in the United States. The company offers a range of products, including dimensional lumber, plywood, framing lumber, roofing products, and trim. It is worth noting that BMC Stock Holdings, Inc. reported lower-than-expected earnings in Q2 2018, which may have influenced Gores Group's decision to exit the position.

Another significant change made by Gores Group's fund managers between Q2 2018 and Q3 2018 was their decision to keep their holdings in 22 out of the 33 companies analyzed. These companies include Verra Mobility Corp., Mistras Group, Inc., Vyaire Medical, Inc., and Entegris, Inc. The fund managers increased their holdings in six companies, including Tetra Tech, Inc., Encompass Health Corp., and Cross Country Healthcare, Inc. However, they decreased their holdings in five companies, including 1-800-Flowers.Com, Inc. and Ferro Corp.

Conclusion

Investing in the stock market requires constant monitoring, analysis, and adaptation. Gores Group's Q2 2018 vs. Q3 2018 13F holdings comparison provides insights into the fund's portfolio changes. The fund managers made a significant move by liquidating their entire holdings in BMC Stock Holdings, Inc., which reported lower-than-expected earnings in Q2 2018. However, they decided to keep their holdings in 22 out of the 33 companies analyzed, indicating their confidence in these firms' growth potential. Investing is a dynamic process, and investors must stay informed to make informed decisions about their portfolios.