Taylor Frigon's Q4 2022 vs. Q1 2023 13F Holdings: Winners, Losers, and a Surprise Newcomer

Taylor Frigon Capital Management LLC recently released their 13F filings for the final quarter of 2022 and the first quarter of 2023. Investors eagerly anticipate these reports to gain insight into the investment firm's changes in holdings. The data provides clues about the securities Taylor Frigon deemed most promising and the ones they decided to sell.

Some of the companies mentioned in the reports of Q4 2022 vs. Q1 2023 13F holdings show an outstanding performance and robust growth, making them the winners of the portfolio. Others weren't performing as expected, resulting in extensive sell-offs and dips in relative value.

Winners

One of Taylor Frigon's most significant holdings, Vuzix Corp. (VUZI), enjoyed a 11.9% surge over the two quarters. This company manufactures augmented reality (AR) glasses and assorted products for businesses. Despite the challenges of the pandemic, Vuzix Corp. continues to expand globally, fueled by growing interest in AR technology across industries.

Another winner of the report is Nano-X Imaging, Ltd. (NNOX), which increased by 29.3%. This medical imaging device company turns heads in the industry with a state-of-the-art X-ray technology that could revolutionize how radiology diagnoses and treats a multitude of conditions.

Cloudflare, Inc. (NET) also made it to the winners' list, making a massive 99% move in the two quarters' combined period. This web-infrastructure and website-security company has been continuously expanding its capabilities and offerings in response to heightened cybersecurity threats for businesses, making it a highly relevant and favored option.

Losers

In contrast, some of Taylor Frigon's long-standing investments suffered significant dips in the Q4 2022 vs. Q1 2023 13F holdings period. One of them is NV5 Global, Inc. (NVEE), which saw a 23% decrease in share value, while financial technology firm Ebix, Inc. (EBIX) lost over 36% of its value.

Pure Storage, Inc. (PSTG) also suffered a 9.2% dip in the period between the two filings. An enterprise data storage and management company, Pure Storage has seen increased competition in the sector, leading to slower growth in recent months.

Surprise Newcomer

A recent investment in AudioCodes Ltd. (AUDC) gave Taylor Frigon a surprise newcomer to the 13F Holdings. The company, which specializes in voice networking and telecommunications products, added over 1% to the portfolio in the Q4 2022 vs. Q1 2023 period. AudioCodes is also shelling out major developments, particularly in the exciting market of contact center solutions.

Conclusion

Taylor Frigon's Q4 2022 vs. Q1 2023 13F holdings shows the funds' shifting strategies in its portfolio. While some companies continue to flourish, others fall behind, highlighting the dynamic nature of investing. As we continue to monitor the market in 2023, we'll keep an eye out for how Taylor Frigon's changing portfolio reflects their optimisms and concerns for the future of finance and technology.