Investment Firm SCP's Q3 and Q4 2022 13F Holdings Comparison: Analysis and Insights

Investment firms routinely file their Form 13F with the SEC, which provides a quarterly report of their portfolio holdings. As per the latest 13F filings of the investment firm SCP, the Q4 2022 quarter recorded some noteworthy changes in the firm's holdings. In particular, their holdings of various energy and technology companies underwent significant adjustments. In this blog post, we analyze SCP's Q3 and Q4 2022 13F holdings comparison, highlighting the major changes, and what this could mean for the company going forward.

Changes in SCP's Holdings

SCP decreased their holdings in Caesars Entertainment Inc (CZR) by 202,500 shares, representing a 22.96% decrease from their Q3 holdings. The Q4 2022 quarter also saw a reduction in their Uber Technologies Inc (UBER) shares, with SCP selling 73,900 shares or 6.72% of their total shares. Notably, SCP increased their holdings in Alphabet Inc Cl A (GOOGL) by 120,000 shares, which represented a 200% increase. This made GOOGL their largest holding in terms of shares held, surpassing their previous top holding of Uber.

Similarly, SCP reduced their shares in RH (RH) by 27,500 shares or 40.74% and also divested their entire holdings in CNX Resources Corp (CNX). Additionally, they trimmed their holdings in The Container Store Group Inc (TCS) by 150,000 shares, resulting in a 23.08% decrease.

Moreover, SCP increased their holdings in Amarin Corp PLC (AMRN) by 2,250,000 shares, which accounted for a 52.94% increase from their Q3 holdings. Other notable additions included Calumet Specialty Products Partners LP (CLMT) where SCP purchased 18,800 shares, and Farfetch Ltd (FTCH), which they increased by 1,700,000 shares.

On the energy front, SCP added to their holdings in Cheniere Energy Inc (LNG) by purchasing 1,000 shares, a 155.56% increase from their Q3 holdings. They also added EOG Resources Inc (EOG) with 2,800 shares, making it a new addition to their portfolio.

Insights and Analysis

SCP's holdings were also reflective of the changes in the stock market over the past few months. For instance, their decision to reduce Uber Technologies Inc (UBER) shares could be attributed to the decline in the ride-hailing company's stock price. This relationship can also be seen in their holdings of Alphabet Inc Cl A (GOOGL), where their bullishness for the company is likely a result of the tech giant's impressive Q4 results.

With oil prices remaining high, SCP's investment in the energy sector is not surprising, especially with new additions such as EOG Resources Inc (EOG) and the addition of shares in Cheniere Energy Inc (LNG). On the technology side, SCP's new holdings in Farfetch Ltd (FTCH) and ChargePoint Holdings Inc (CHPT) show a continued bet on the growth of e-commerce and electric vehicles.

Conclusion

In conclusion, SCP's Q3 and Q4 2022 13F holdings comparison shows that the firm has made some significant adjustments in their portfolio. The increase in energy stocks, including Cheniere Energy Inc (LNG) and EOG Resources Inc (EOG), could be attributed to the rising oil prices. Moreover, the addition of shares to prominent tech companies such as Alphabet Inc Cl A (GOOGL) and Farfetch Ltd (FTCH) reflect the firm's continued bullishness on an array of tech companies. Going forward, it will be interesting to see how the market shapes and how SCP adjusts its holdings in response to these changes.