Phocas Financial Corp.'s Q4 2022 vs. Q1 2023 13F Holdings: Significant Shifts in Valuation and Share Count observed.

In the world of finance and investments, it's always important to keep a close eye on any changes happening in the market. This includes closely monitoring the holdings of different funds and investors, such as Phocas Financial Corp., which recently released its Q4 2022 vs. Q1 2023 13F holdings comparison.

One of the key takeaways from this comparison is the fact that Phocas Financial Corp. has made some significant changes to its holdings over the past few months. For example, the fund has increased its holdings of Materion Corp. (MTRN) from 118,736 shares in Q4 2022 to 119,948 shares in Q1 2023. This represents a 33.9% increase in value, with the fund's holdings in the company now valued at $13,914,000.

Another company that saw an increase in Phocas Financial Corp.'s holdings was Ryman Hospitality Properties Inc. (RHP), which saw its holdings rise from 138,640 shares in Q4 2022 to 139,046 shares in Q1 2023. While the increase in share count was relatively small, the value of the fund's holdings in the company rose by 10%, with its holdings now valued at $12,477,000.

However, not all of Phocas Financial Corp.'s holdings saw increases over this period. For example, Sterling Infrastructure Inc. (STRL) saw its share count drop from 456,446 in Q4 2022 to 321,067 in Q1 2023. This represented a significant decrease in value, with the fund's holdings in the company now valued at $12,162,000 - a decline of 18.8%.

On the flip side, Primoris Services Corp. (PRIM) saw a substantial increase in Phocas Financial Corp.'s holdings, with the fund increasing its share count from 349,111 in Q4 2022 to 441,209 in Q1 2023. This was accompanied by an increase in value of 42.1%, with the fund's holdings in the company now valued at $10,880,000.

Similarly, Hostess Brands Inc. (TWNK) saw a boost in Phocas Financial Corp.'s holdings, with the fund increasing its share count from 409,511 in Q4 2022 to 413,693 in Q1 2023. This increase in value was less significant than some of the other companies mentioned, but still noteworthy at 12%, with the fund's holdings in the company now valued at $10,293,000.

Interestingly, some companies saw little change in Phocas Financial Corp.'s holdings over this period. For example, Ryder System Inc. (R) only saw a slight increase in shares from 76,413 in Q4 2022 to 77,167 in Q1 2023. However, the value of the fund's holdings in Ryder rose by 7.8%, with its holdings now valued at $6,886,000.

One company that saw a massive increase in Phocas Financial Corp.'s holdings was Jack in the Box Inc. (JACK), which saw its share count soar from 49,936 in Q4 2022 to 75,956 in Q1 2023. This represents a 95.3% increase in value, with the fund's holdings in the company now valued at $6,653,000.

At the other end of the spectrum, Plexus Corp. (PLXS) saw a decrease in Phocas Financial Corp.'s holdings, with the fund's share count dropping from 55,208 in Q4 2022 to 55,772 in Q1 2023. This was accompanied by a decrease in value of 4.2%, with the fund's holdings in the company now valued at $5,442,000.

Overall, these changes to Phocas Financial Corp.'s holdings highlight the constantly evolving nature of the market, with investors and funds making significant moves in response to emerging trends and shifts in investor sentiment. While some companies have thrived under Phocas Financial Corp.'s investing strategy, others have seen their value decline, emphasizing the importance of closely monitoring any changes in a fund's holdings when making investment decisions.