HHR Asset Management's Q1 2022 vs Q2 2022 13F Holdings Comparison: Top Winners and Losers

As the Q2 2022 13F filings roll out, it's time for investors and market watchers to pay attention to the top stock picks of investment advisors. HHR Asset Management's latest 13F form reveals some significant changes to its holdings in the past quarter. In this article, we'll take a closer look at HHR Asset Management's Q1 2022 vs Q2 2022 13F holdings comparison to determine the top winners and losers in its portfolio.

AYX - The Big Loser

The biggest loser in HHR Asset Management's Q2 2022 13F filings is Alteryx Inc (AYX), with a 100% decrease in shares compared to Q1. The company had 400,335 shares in Q1 2022, which reduced to zero in the next quarter. The value of the company's shares in Q1 was $28,636, but due to the sell-off, it didn't feature in the Q2 2022 portfolio.

TWTR, PYPL, GWRE, CRM, GOOG, MSFT, META, BKNG, and SBUX - The Other Losers

Apart from Alteryx Inc, eight other companies' holdings were entirely sold off by HHR Asset Management in Q2 2022. These companies include Twitter Inc (TWTR), PayPal Holdings Inc (PYPL), Guidewire Software Inc (GWRE), Salesforce Com Inc (CRM), Alphabet Inc (GOOG), Microsoft Corp (MSFT), Meta Platforms Inc (META), Booking Holdings Inc (BKNG), and Starbucks Corp (SBUX).

AMZN, WDAY, NFLX, ESTC, ADBE, NKE, XM, Z, KMX, RH, TMUS, MTCH, ROKU, AXON, EVBG, QTWO, HCAT, and PD - The Winners

Let's now look at some of the winners in HHR Asset Management's Q2 2022 portfolio. Amazon.com Inc (AMZN) stood out as the top winner, with the firm buying 7,569 shares in Q2 2022, a significant increase from the zero shares it held in Q1 2022. The value of its shares was $24,674.

Workday Inc (WDAY) saw HHR Asset Management increase its shares by 102,406, from 0 in Q1 to 102,406 in Q2. The value of its shares was $24,523.

Netflix Inc (NFLX) was another significant winner with the firm buying 65,364 shares in Q2 2022, up from zero in Q1 2022. The value of its shares was $24,484.

Elastic NV (ESTC) also made it to the top winners' list with an increase in shares from 271,636 to zero to 241,622. The value of its shares was $24,162.

Adobe Systems Incorporated (ADBE) saw an increase in HHR Asset Management's shares, from 52,560 to zero to 23,948. The value of its shares was $23,948.

Conclusion

HHR Asset Management's Q1 2022 vs Q2 2022 13F holdings comparison shows some significant changes in its portfolio. As we can see from the above analysis, the fund has made some impressive stock picks and sell-offs. Investors and market watchers should pay heed to such filings to get an idea of where investment advisors are placing their bets.