Changes in Holdings of Beaconlight Capital, LLC Q3 2022 vs. Q4 2022

In the world of finance, everything is constantly changing, and this is no exception for Beaconlight Capital, LLC. Analyzing the changes in their holdings from Q3 2022 to Q4 2022 shows some significant moves that were made. In this blog post, we will dive into the changes made, and what it could mean for investors.

Cheniere Energy Inc

Cheniere Energy Inc, ticker symbol LNG, saw a decrease in Beaconlight's holdings, going from 151968 shares in Q3 2022 to 109033 shares in Q4 2022. This decrease of 35.2% means that they sold off a significant portion of their holdings. Although the precise reason for this isn't clear, it could be because they are more bullish on other stocks in the same sector.

Cenovus Energy Inc

On the other hand, Beaconlight's holdings in Cenovus Energy Inc increased significantly, going from 518591 shares in Q3 2022 to 801595 shares in Q4 2022. This increase in holdings of 95.2% shows that they have confidence in the company and its long-term prospects. It could be because of their recent acquisition of Husky Energy or expectations of increased oil demand post-pandemic.

Vicor Corp

Vicor Corp, ticker symbol VICR, saw a similar increase in holdings from 144257 shares in Q3 2022 to 270714 shares in Q4 2022, an increase of 70.6%. This increase could be due to the company's investments in the electric vehicle market and its power components that could benefit from the EV push.

Sabre Corp

Beaconlight's holdings in Sabre Corp also increased from 1894644 shares in Q3 2022 to 2300237 shares in Q4 2022, an increase of 45.7%. Sabre Corp, which provides technology solutions to the travel industry, has been hit hard by the pandemic. However, with the expected return of travel in the coming years, this is likely a move that could pay off in the long term.

Vertiv Holdings Co

Vertiv Holdings Co, ticker symbol VRT, had the most significant increase in holdings, going from 484747 in Q3 2022 shares to 793181 shares in Q4 2022, an increase of 129.9%. The company, which offers critical digital infrastructure technology solutions, has been performing well as businesses continue to invest in IT infrastructure, especially after the pandemic.

Other Stocks

Other notable changes in holdings include a 120.3% increase in Natera Inc (NTRA). Beaconlight also increased its holdings in a relatively new initial public offering, SmartRent Inc (SMRT), from 209450 to 651173 shares, an increase of 233.1%. However, the company sold out of Gulfport Energy Corp (GPOR), Chesapeake Energy Corp (CHK), and Olin Corp (OLN) entirely.

Conclusion

In conclusion, it is clear that Beaconlight Capital, LLC has made some significant moves by increasing their holdings in some companies and decreasing holdings in others. Some of these moves could be due to an increase in confidence in the future prospects of these companies, while others could be because of a change in strategy. Whatever the reason, these changes will certainly be closely watched by the investment community, as they could have a significant impact on the returns of Beaconlight Capital, LLC and its investors.