Investment Portfolio Update: Coldstream Capital Management Q2 2022 vs. Q4 2022

Coldstream Capital Management recently filed its 13F with the Securities and Exchange Commission, providing a glimpse into its investment portfolio for Q2 2022 and how it differs from Q4 2022. From the data provided in the report, we can see the changes in the firm's holdings and its investment strategies. This article will take a closer look at the data and provide some analysis on what it means for Coldstream Capital Management and its investors.

Review of the Holdings

According to the data in the 13F report, Coldstream Capital Management significantly reduced its position in Microsoft Corp. During Q2 2022, the fund owned 752,354 shares of Microsoft, but this number declined to 765,078 by Q4 2022. Additionally, the value of its Microsoft holdings decreased from $193,227,000 in Q2 to $183,481,000 in Q4. This represents a 5% decrease in the number of shares and a 5% decrease in the total value of these holdings.

On the contrary, Coldstream Capital Management substantially increased its position in REGL. In Q2 2022, the fund owned 251,472 shares of ProShares TR, and by Q4 2022, this number increased to 1,701,149. This represents a 617.5% increase and an increase in value from $16,964,000 to $121,717,000.

Coldstream Capital Management also bought significantly more shares of HAWX, which was its largest investment percentage gain in Q4 2022. The fund recently owned 39,500 shares of iShares TR HAWX and increased to 865,134 shares. This represents a whopping increase of 1832.7%, with a change in value from $1,142,000 to $22,071,000.

Furthermore, the data reveals that the fund made some new investments in the technology industry. In Q4 2022, Coldstream Capital Management purchased shares of Nvidia Corporation (NVDA). The fund bought 45,351 shares of the company during Q4 2022 which is a significant increase compared to the 59,176 shares held in Q2 2022.

Investment Strategies

From the data in the 13F report, we can see that Coldstream Capital Management's investment strategy is quite active. The fund looks to capitalize on opportunities in different markets and sectors, with a clear focus on the technology industry. The fund looks to have changed some of its holdings significantly from Q2 2022 to Q4 2022, emphasizing its willingness to make changes and take profits. Additionally, the fund has a unique strategy of placing a concentrated bet on specific stocks, such as REGL and HAWX, while still maintaining a diverse portfolio.

Final Thoughts

The data in Coldstream Capital Management's 13F report provides valuable insights into the firm's investment strategy and holdings. While some holdings have decreased, the fund has taken advantage of opportunities in other areas, such as investing in Nvidia Corporation. Additionally, the fund's willingness to make significant changes to its holdings from quarter to quarter is an indication of its active investment strategy. Investors looking to mimic the fund's strategy should keep an eye on their holdings and any new investments that Coldstream Capital Management may make in the future.