Investment Insights: ARS Investment Partners, LLC Q4 2022 vs. Q1 2023

ARS Investment Partners, LLC, a renowned investor with a track record of shrewd investment decisions and active portfolio management, recently published its Q4 2022 and Q1 2023 13F filings. These filings are essential for investors to gain insight into what their favorite hedge funds and institutional investors have been up to in the past year.

In this blog post, we will dive into the holdings changes of ARS Investment Partners, LLC, and provide an overview of some of the significant changes in the company's portfolio.

Stock Holdings Comparison Between Q4 2022 and Q1 2023

ARS Investment Partners, LLC's stock portfolio increased in value from approximately $536.4 million in Q4 2022 to approximately $608.7 million in Q1 2023, marking an increase of nearly 13.5%.

One of the notable changes in the company's holdings is the decrease in shares of FLEX LTD and NVDIA CORPORATION, both companies in the technology sector. FLEX LTD's shares declined by a significant 40.1%, while NVDIA CORPORATION shares decreased by 13.9%. However, the company increased its holdings in MP MATERIALS CORP by 27.5%, while its holdings in APPLIED MATLS INC increased by an impressive 58%.

Another significant change is ARS Investment Partners, LLC's decision to dispose of all shares held in GILDAN ACTIVEWEAR INC in Q1 2023, resulting in 0 shares held. The company made a similar decision with TARGA RES CORP, where it owned no shares in Q4 2022 but acquired 50,248 shares worth $3.7 million in Q1 2023.

The company's most substantial holding throughout both quarters was ASCENDIS PHARMA A/S, where the company held over 238,000 shares, valued at approximately $29.1 million.

Sector Holdings Comparison Between Q4 2022 and Q1 2023

The company's stock portfolio consists of about 44 stocks across various sectors, with the health care and technology sectors being the primary holdings. ARS Investment Partners, LLC reduced its holdings in the technology sector from approximately 37.3% in Q4 2022 to 35.5% in Q1 2023. On the other hand, the company increased its investments in industrials, consumer discretionary, and communication services, each representing 10.8%, 7.5%, and 5.7% of its portfolio, respectively.

Conclusion

ARS Investment Partners, LLC's 13F filings indicate that the company has been actively managing its portfolio by acquiring some shares and disposing of others. The company's holdings in the health care and technology sectors remain its primary focus, but it has also diversified its portfolio by entering the industrials, consumer discretionary, and communication services sectors. However, investors should bear in mind that past performance is not indicative of future performance, and 13F filings should not be the sole factor in making investment decisions.