Manatuck Hill Partners' Q3 and Q4 2022 Investment Portfolio Comparison: A Deep Dive into the Holdings

Manatuck Hill Partners, LLC recently released their Q3 and Q4 2022 investment portfolio, and it's buzzing with significant changes. The New York-based hedge fund firm, which mainly invests in technology, healthcare, and energy, showed stakes in 38 securities with a total value of $214.6 million as of Q4 2022. This represents a 21.5% quarter-over-quarter decrease in the fund's holdings, from $273.5 million in Q3. During this period, Manatuck Hill Partners made some notable investments, including a $13.57 million stake in the SPDR Gold Trust ETF, making it the fund's largest holding by value. The fund also reduced its position in various companies, including DYCOM Industries, whose shareholding decreased by 42.3% from 101,900 shares in Q3 to 60,000 shares in Q4. The Manatuck Hill Partners' Q3 and Q4 2022 13F Holdings Comparison Summary shows us that the fund acquired new shares in Genasys and increased its holdings in Shotspotter, while divesting from companies like Digi International Inc. In this article, we'll take a closer look at some of Manatuck Hill Partners' portfolio changes and what they could mean for the companies they invest in. SPDR Gold Trust ETF (GLD) Manatuck Hill Partners' largest holding in Q4 2022 was the SPDR Gold Trust ETF, where it owns a stake of 80,000 shares valued at $13.57 million, or 6.3% of the fund's total portfolio. This is a new position for the firm, which didn't hold any shares in GLD in Q3. The investment in GLD may indicate the fund's desire to hedge against inflation, geopolitical risk, and currency fluctuations. MGP Ingredients Inc. (MGPI) Manatuck Hill Partners held a steady position in MGP Ingredients Inc. during this period, maintaining its stake at 107,210 shares from Q3 to Q4, with a total value of $11.4 million. Although the fund's position remained unchanged, the value of its holdings in MGPI increased by 0.2% from $11.4 million in Q3 to $11.4 million in Q4. McGrath RentCorp (MGRC) Manatuck Hill Partners maintained its position in McGrath RentCorp at 111,300 shares, worth $11 million, from Q3 to Q4. Despite the steady position, the value of the position increased by 17.7% from $9.3 million in Q3 to $11 million in Q4. Genasys Inc. (GNSS) Manatuck Hill Partners added to its position in Genasys Inc., acquiring an additional 2,494,906 shares to bring its total holdings to 2,459,606 shares, valued at $9.1 million. This represents a new position for the fund, which did not hold any shares in GNSS in Q3. Shyft Group Inc. (SHYF) Manatuck Hill Partners more than doubled its position in Shyft Group Inc. during this period, adding 158,000 shares to bring its total holdings to 288,000 shares, worth a total of $7.2 million. The investment represents 3.4% of the fund's overall portfolio. Destination XL Group Inc. (DXLG) Manatuck Hill Partners' stake in Destination XL Group Inc. decreased significantly from Q3 to Q4, with the number of shares held declining from 1,235,700 to 996,500, valued at $6.7 million. This represents a 0.4% change in the fund's holdings. Zeta Global Holdings Corp. (ZETA) Manatuck Hill Partners added to their position in Zeta Global Holdings Corp. by acquiring an additional 95,000 shares, bringing the fund's total holdings to 810,834 shares. Its total holdings in the company are valued at $6.6 million. The firm made several other changes to its portfolio during this period, including a new position in Maximus Inc. and significant changes to its holdings in Wheaton Precious Metals Corp, among others. These changes offer valuable insights into the strategy of Manatuck Hill Partners and the companies they are investing in. In conclusion, Manatuck Hill Partners' Q3 and Q4 2022 investment portfolio experienced a considerable change, with the fund adding new positions, reducing stakes in some companies, and increasing positions in others. Although the investment portfolio changes may appear complicated to the untrained eye, a deeper analysis reveals vital information about Manatuck Hill Partners' investment strategy and the companies they believe will deliver the best returns.