Investment Analysis: Seven Eight Capital, LP Q3 2022 vs. Q4 2022

The Seven Eight Capital, LP fund had an interesting Q3 2022 vs. Q4 2022 comparison in terms of holdings. In this post, we'll analyze the changes in holdings of this fund and see which stocks have gained and lost ground over the last quarter.

Introduction

Seven Eight Capital, LP is a hedge fund that manages approximately $3.3 billion in assets. The fund has a long-term investment strategy that focuses on fundamentally sound companies with a strong competitive advantage. The fund's investment philosophy is to take a value-oriented approach that seeks out quality businesses trading at attractive valuations.

Main Body

The Q3 2022 vs. Q4 2022 13F Holdings Comparison of Seven Eight Capital, LP shows some interesting trends that investors shouldn't ignore. Apple Inc. (AAPL) was the top gainer in terms of shares held, with an increase of 1637.1%. The fund increased its holdings from 2,087 shares to 38,505 shares, indicating a bullish outlook on the tech giant.

CrowdStrike Holdings, Inc. (CRWD) was another major gainer, with an increase in shareholding from 6,545 to 47,086. The fund's value of holdings increased from $1,079,000 to $4,957,000, a growth of 359.5%.

Meanwhile, there were some major losers as well. Alphabet Inc. (GOOG) saw a decrease in shareholding from 71,918 to 56,326, with a corresponding drop in value from $6,915,000 to $4,997,000, representing a decline of 27.7%.

Advanced Micro Devices, Inc. (AMD) was another major loser, with a decrease in shareholding from 110,402 to 74,890. The value of holdings declined from $6,995,000 to $4,850,000, down by 30.7%.

Some new entrants to the portfolio include Paramount Global (PARA), Roblox Corp (RBLX), and Lucid Group Inc. (LCID). Paramount Global saw a massive increase of 342.2% in value of holdings. The fund increased its holdings from 45,082 shares to 224,752 shares. Roblox Corp and Lucid Group Inc. also made it to the portfolio, with the fund holding 132,597 and 231,018 shares, respectively.

Conclusion

In summary, the Seven Eight Capital, LP fund's Q3 2022 vs. Q4 2022 13F Holdings Comparison reveals an interesting mix of gainers and losers. The fund apparently is bullish on Apple Inc. and CrowdStrike Holdings, Inc. The fund's bearish outlook on Alphabet Inc. and Advanced Micro Devices, Inc. led to a decrease in shareholding. New entrants Para Global, Roblox Corp, and Lucid Group Inc. could signal a shift towards the technology sector. Investors may benefit from keeping an eye on this hedge fund's holdings going forward.