Investment Fund 13F Holdings: A Comparison between Q3 2022 and Q4 2022

The quarterly financial disclosure filing known as 13F provides insight into the holdings of institutional investors at the end of each quarter. CenterStar Asset Management, LLC recently filed their 13F for Q3 2022 and Q4 2022, and we have analyzed the changes in their holdings. In this article, we will explore the top securities with the most significant changes in value and shares held from both quarters and discuss possible reasons behind these changes.

SSgA Active Trust

SSgA Active Trust is one of the top holdings in CenterStar Asset Management's portfolio, with both call and put options held. From Q3 to Q4 2022, the company increased their holdings of call options from 61,500 to 73,300 shares, resulting in a 16.2% change in value. They also added 17,700 put options, increasing their shares from 63,000 to 80,700 shares, resulting in a 26.5% value change in Q4. These changes could be due to the increasing demand for SSgA Active Trust's exchange-traded funds (ETFs). ETFs have seen a surge in popularity in recent years as investors seek low-cost and diversification opportunities.

BlackRock Institutional Trust Company

BlackRock Institutional Trust Company saw significant changes in both call and put options across their holdings. Their holdings of put options for IBB increased from 600 to 45,800 shares, resulting in an enormous 8,143.5% value change for Q4 2022. Additionally, their call option holdings for EFA increased from 0 to 43,400 shares, resulting in a 100% value change in Q4. BlackRock may have been bullish on the healthcare industry, which IBB covers. As for EFA, it is an ETF that tracks developed market equities, and the heightened activity during the quarter might have been due to macro factors that created volatility.

Walmart Inc.

Walmart Inc. had a 490.5% value change in put options from CenterStar Asset Management's holdings, increasing their shares from 4,700 to 25,000 in Q4. They also had a 702.8% value change in shares held for Walmart's common stock, with shares rising from 2,707 to 20,218. The company's recent acquisition of three different retailers could provide reasons behind the increase in activity as investors showed more confidence in the mega-store's long-term expansion plans.

Conclusion

Through analyzing CenterStar Asset Management's 13F filings for Q3 and Q4 2022, we can see the significant changes in holdings across several securities. The changes in these holdings reflect movements in the market and investor sentiment, as well as strategic decisions by the investment firm to reallocate their holdings based on their market outlook. While 13F filings can offer valuable insights for investors, it is important to consider the context behind the movements in holdings before drawing any conclusions about the future prospects of a particular security or the overall market.