Cat Rock Capital Management LP Q3 2022 vs. Q4 2022 13F Holdings Comparison

As the year comes to an end, it's time to analyze the changes that took place in the holdings of Cat Rock Capital Management LP during the third and fourth quarters of 2022. In this blog post, we'll take a closer look at the companies that saw significant increases and decreases in their stocks according to the 13F filings.

Tech Giants Top the List

It's no surprise that tech companies are some of the most prominent holdings in Cat Rock Capital Management's portfolio. Among the companies that saw significant increases in shares were Docebo Inc, Microsoft Corp, and Semrush Hldgs Inc. Docebo Inc topped the list with a 35.1% increase in shares from Q3 to Q4 2022. Meanwhile, Semrush Hldgs Inc saw a decline of 14.6%, while Microsoft Corp increased by 11.7%.

New Additions to the Portfolio

Cat Rock Capital Management added a few new companies to its portfolio during the fourth quarter. Engagesmart Inc made the list at number nine with a 92.6% increase in shares. Meanwhile, Sprinklr Inc was a new addition with 795,000 shares.

Biggest Holders on the Decline

While some stocks increased in value, others saw declines. Meta Platforms Inc and KnowBe4 Inc were two of the biggest losers of the quarter. Meta Platforms Inc saw a 14.4% decrease in shares, and KnowBe4 Inc hit the bottom with a 100% decrease. Additionally, TransDigm Group Inc saw a 5.6% decline, while Liberty Broadband Corp saw a 0.7% decline in shares.

HubSpot Inc and First Advantage Corp New Lead the Increase

HubSpot Inc topped the list with a 244.7% increase in shares from Q3 to Q4 2022, making it one of the most significant increases in the portfolio. Meanwhile, First Advantage Corp New was another major gain, adding 1,798,000 shares.

Exp World Hldgs Inc and Sprinklr Inc Leave the Portfolio

Exp World Hldgs Inc and Sprinklr Inc both left the portfolio during the fourth quarter. While Sprinklr Inc was a new addition, it was later removed, while Exp World Hldgs Inc was sold with 2,383,000 shares.

In Conclusion

Cat Rock Capital Management LP continues to make strategic moves in its portfolio. While some companies have seen significant increases, others have seen declines. The portfolio has undergone some changes as new additions are made, and some stocks leave the portfolio. In Q4 2022, we saw tech giants take the lead, with companies like Docebo Inc and Microsoft Corp seeing significant increases. As we move into 2023, it will be exciting to see what changes will take place in the portfolio and how Cat Rock Capital Management will continue to grow its holdings.