Shannon River Fund Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

As the investment landscape continues to evolve, it's important to take a close look at how fund managers are adapting their strategies. In this blog post, we'll dive into the recent changes in holdings for the Shannon River Fund Management LLC, as reported in their Q3 2022 vs. Q4 2022 13F holdings comparison. From shifts in shares held to changes in value, we'll explore the data and what it could mean for the market as a whole.

The biggest change in holdings came in the form of Invesco QQQ TR, with Shannon River Fund Management LLC adding 350,000 shares in Q4 2022, after holding none in Q3 2022. This move reflects a strong belief in the popular exchange-traded fund, which has seen impressive growth over the past year. Flex Ltd. also saw significant movement, with a 20.1% increase in shares held, from 3,069,370 in Q3 2022 to 2,861,029 in Q4 2022, along with a corresponding increase in value from $51,136,000 to $61,397,000.

Another noteworthy shift came for Manhattan Associates Inc., which saw a 36.4% increase in shares held from 134,988 in Q3 2022 to 201,714 in Q4 2022, resulting in a corresponding increase in value from $17,957,000 to $24,488,000. This move could reflect a positive outlook on the supply chain and logistics industry, as Manhattan Associates has a strong presence in this sector.

Cognex Corp was another standout, with a 130.1% increase in shares held from 247,727 in Q3 2022 to 501,427 in Q4 2022. This move also reflects a significant rise in value from $10,268,000 in Q3 2022 to $23,622,000 in Q4 2022. Cognex provides machine vision systems that are used in manufacturing, so this investment could be seen as a bullish outlook on the manufacturing sector and the broader trend of automation.

On the other hand, there were some holdings that saw significant decreases, such as Nice Ltd, which experienced a 60.9% drop in shares held, from 151,980 in Q3 2022 to 58,100 in Q4 2022. This was accompanied by a significant decrease in value from $28,609,000 to $11,172,000. This move could reflect a drop in confidence in the company, which provides software solutions for customer service and security.

Similarly, Fortress Capital Acquisition Corp saw a drop in shares held from 200,000 in Q3 2022 to 0 in Q4 2022. This move reflects a shift away from special purpose acquisition companies (SPACs) and a move towards other investment opportunities.

Overall, the Q3 2022 vs. Q4 2022 13F holdings comparison for Shannon River Fund Management LLC shows a diverse range of investment choices. From strong moves towards exchange-traded funds and manufacturing providers to a shift away from customer service and SPACs, this data suggests that the fund manager is carefully considering the current market trends and tailoring their strategy accordingly.

In conclusion, monitoring changes in holdings for investment funds can provide valuable insights into current market trends and the strategic decisions of fund managers. Shannon River Fund Management LLC's Q3 2022 vs. Q4 2022 13F holdings comparison provides a snapshot of the current investment landscape and the potential opportunities and risks that lie ahead.