Kavi Asset Management, LP Q2 2019 vs. Q3 2019 13F Holdings Comparison

The world of investments is a dynamic one. With economic conditions constantly changing, companies experiencing growth spurts or decline, and markets rising and falling, managing a portfolio can be a challenging task. The most successful investors are those who keep their finger on the pulse of the markets and make savvy decisions accordingly. In this article, we'll take a closer look at the Q2 and Q3 2019 13F Holdings of Kavi Asset Management, LP to better understand the fund's performance trends.

In Q2 2019, Kavi Asset Management reported no securities to report. However, in Q3 2019, the fund made some significant changes to its holdings. The largest decrease in holdings by percentage was in Cars.com Inc. (CARS) where Kavi Asset Management sold all 1,939,567 shares, a 100% decrease. This decision was accompanied by 176,893 shares of T Mobile US Inc. (TMUS) and 348,410 shares of Aramark (ARMK) being sold, also translating to a 100% decrease in holdings for both companies.

When it comes to the remaining holdings, it appears Kavi Asset Management has made a strategic decision to shift its focus. The top two companies where shares were purchased by the fund were Centene Corp Del (CNC) and Microstrategy Inc. (MSTR). In Q3 2019, the number of shares owned by Kavi Asset Management increased to 191,281 for CNC, and to 56,802 for MSTR.

Kavi Asset Management also reduced its holdings in several other companies. The most significant decrease was in Celgene Corp (CELG), where the company sold all 70,000 shares, reflecting a 100% decrease. Other companies where the fund made notable sales include Stemline Therapeutics Inc. (STML) where 387,313 shares were sold, and Sea Ltd (SE) where 180,552 shares were sold.

The reasons behind the fund's moves are not completely clear, but based on the data available, it is reasonable to speculate that the team at Kavi Asset Management has made several changes to its holdings in order to maximize gains and limit losses. By moving away from companies where shares decreased in value, and investing in companies where shares increased in value, the fund's managers are steering the portfolio in a more profitable direction.

In conclusion, it's essential to keep an eye on the holdings of investment funds. Changes in portfolio allocation can provide insight into a fund's strategy and decision-making process, and help investors make informed investment decisions. While we cannot know for certain the reasons behind the changes in holdings by Kavi Asset Management, we can take note of the fact that the fund has made some significant changes. Only time will tell whether these moves pay off in the long run.