Hillcrest Asset Management LLC Q3 2021 vs. Q4 2021 13F Holdings Comparison

In the world of finance, investment managers are always looking for a way to improve their portfolios. One way to do that is by analyzing the holdings of other investors. Enter 13F filings, documents that reveal the stock holdings of institutional investment managers. In this article, we will examine the Q3 2021 vs. Q4 2021 13F holdings comparison for Hillcrest Asset Management LLC.

Hillcrest Asset Management LLC is a Texas-based investment management firm that specializes in small-cap equity strategies. According to the latest 13F filings, the firm held shares in 36 different companies as of Q4 2021. These holdings had a total value of $555,284,000, down from $579,031,000 in Q3 2021.

Biggest Gainers:

1. UFPI - UFP Industries Inc.

UFPI was the firm's biggest holding, with 178,202 shares valued at $16,396,000. This was a decrease from Q3 2021 when the firm held 204,262 shares valued at $13,886,000. Despite the decrease in shares, however, UFPI still remained the firm's top holding in Q4 2021.

2. EXLS - EXLSERVICE Holdings Inc.

Hillcrest Asset Management LLC held 111,246 shares of EXLS in Q4 2021, down from 127,446 shares in Q3 2021. Despite the decrease, the stock still saw an increase in value from $15,691,000 to $16,105,000.

3. LXP - LXP Industrial Trust

LXP was the third-largest holding of the firm in Q4 2021, with 1,029,818 shares valued at $16,086,000. This was a decrease from Q3 2021 when the firm held 1,179,688 shares valued at $15,041,000.

Biggest Losers:

1. AMN - AMN Healthcare Services Inc.

AMN was the biggest loser among Hillcrest Asset Management LLC's holdings in Q4 2021. The firm held 118,828 shares, a significant decrease from 175,057 shares in Q3 2021. The stock's value also decreased from $20,088,000 to $14,536,000 in Q4 2021.

2. SEM - Select Medical Holdings Corp.

SEM was Hillcrest Asset Management LLC's second-largest loser in Q4 2021. The firm held 455,999 shares valued at $13,406,000, down from 522,559 shares valued at $18,901,000 in Q3 2021.

3. GTN - Gray Television Inc.

The firm's investment in Gray Television Inc. decreased from 601,487 shares valued at $13,726,000 in Q3 2021 to 524,947 shares valued at $10,583,000 in Q4 2021.

Conclusion:

In conclusion, Hillcrest Asset Management LLC's Q3 2021 vs. Q4 2021 13F holdings comparison shows a mixed bag of gainers and losers. While some holdings saw a decrease in shares, their increase in value helped balance out the portfolio. Regardless, it is clear that the firm's investment strategies are always changing as they try to improve their portfolio's performance.