Investment Fund Comparison: Analyzing Origin Asset Management LLP's Q3 2022 vs. Q4 2022 Holdings

Origin Asset Management LLP, a UK-based investment management firm, recently released its 13F filings for Q3 and Q4 of 2022. The filings reveal the firm's holdings for both quarters and offer a glimpse into how the fund has shifted its investments over time. In this blog post, we'll explore the changes in holdings and what they might mean for Origin Asset Management LLP going forward.

Overview of the Holdings

Let's take a closer look at the CSV file provided to get an overview of the holdings. The data shows 22 holdings, 4 of which are no longer held in Q4 2022. Furthermore, the data showed an increase in the number of shares held for 12 of the total number of holdings in Q4 2022, while the remaining holdings experienced a decrease in shares held.

Key Changes in Holdings

INFOSYS LTD - The number of shares held in Infosys LTD went up by over a million. There was also an increase in the value of shares held, which indicates that the fund is bullish on the company's prospects.

ALIBABA GROUP HLDG LTD - While the fund increased its holdings in Alibaba Group Holding LTD, the value of the shares held only went up slightly. The modest increase could suggest that the investment managers' sentiment towards the company is uncertain, given the recent regulatory hurdles faced by Alibaba Group in China.

PINDUODUO INC. - Origin Asset Management's holdings in Pinduoduo Inc. increased by about 17%, indicating a bullish stance on the company. The value of the shares held also increased by over 50%, further confirming the fund's confidence in the company's growth prospects.

TAIWAN SEMICONDUCTOR MFG LTD - The fund sharply reduced its holdings in Taiwan Semiconductor Manufacturing Ltd. by over 18%, corresponding to a decrease in the market value of its shares. The decision could be due to the semiconductor shortage causing supply chain disruptions.

TENCENT MUSIC ENTERT ADR - The fund divested from its holdings in Tencent Music Entertainment ADR, liquidating all its shares. As of Q4 2022, there were no more reported holdings in the company.

VIPSHOP HLDGS LTD - Origin Asset Management increased its holdings in Vipshop to the tune of over 400,000 shares. Furthermore, the value of the shares held increased by over 100%. The move suggests confidence in the company's growth prospects.

APPLIED INDL TECHNOLOGIES - The fund's holdings in Applied Industrial Technologies increased in size and value, indicating optimism about the company's future performance.

CATALYST PHARMACEUTICALS INC - The fund's holdings in Catalyst Pharmaceuticals decreased sharply by over 44%, corresponding to a decrease in the market value of its shares.

Conclusion

In conclusion, Origin Asset Management LLP's Q3 2022 vs. Q4 2022 13F holdings comparison suggests that the fund is bullish on several companies. The increasing number of held shares and value of those shares demonstrates optimism about the companies' future growth prospects. Despite the general feeling of bullishness, the fund still reduced holdings in Taiwan Semiconductor - a reflection of the semiconductor industry's ongoing supply chain disruptions.

Furthermore, the fund completely divested from Tencent Music Entertainment. This indicates that the investment managers might have felt that it was time to move on from the company. Overall, we can conclude that the holdings comparison shows that Origin Asset Management LLP is optimistic about several firms and is willing to make significant changes to its portfolio to achieve further growth.