The Changing Tides of Azora Capital LP's Q3 2022 vs. Q4 2022 13F Holdings

Investment firms are constantly seeking to maximize returns while minimizing risk in their portfolios, and Azora Capital LP is no exception. In Q3 2022, they held a variety of holdings, but the landscape shifted in Q4 2022. In this blog post, we'll examine Azora Capital LP's 13F holdings comparison between these two quarters and analyze the changes in the companies they invested in.

In Q3 2022, Azora Capital LP held a total portfolio value of $331,913,000. They invested in a variety of companies, with some more heavily weighted than others. However, the landscape of their portfolio changed significantly in Q4 2022, where they held a total portfolio value of $2,012,000.

One of the most significant changes was their holdings in SELECT SECTOR SPDR TR, which had a put option type in Q3 2022 and had zero shares in their portfolio. However, in Q4 2022, Azora Capital LP held 2,160,000 shares in this ETF, valued at $73,872,000.

Another notable change was their investment in SVB Financial Group (SIVB). In Q3 2022, Azora Capital LP held 82,049 shares, worth $28,286,000. But in Q4 2022, their holdings in SIVB shot up to 245,791 shares, valued at $56,566,000, marking a percentage change increase of 100.

LPL Financial Holdings Inc (LPLA), a wealth management and financial planning company, also saw an increase in Azora Capital LP's holdings from Q3 2022 to Q4 2022. In Q3, they held 227,739 shares valued at $50,909,000, and in Q4, they increased their shares to 259,305, valued at $56,053,000, a percentage change increase of 10.1.

WisdomTree Inc (WT) also witnessed an increase in holdings by Azora Capital LP. They held 7,137,043 shares in Q3 2022, valued at $34,436,000. However, in Q4 2022, they ramped up their holding to 7,300,592 shares, which were valued at $39,788,000, marking a percentage change increase of 15.5.

Webster Financial Corp (WBS) was another company that saw a significant uptick in Azora Capital LP's holdings. In Q3 2022, they held 446,348 shares, worth $20,175,000. By Q4, their holdings had increased by 63.1% to 695,108 shares, worth $32,906,000.

However, PayPal Holdings Inc (PYPL) experienced a decrease in Azora Capital LP's holdings in Q4 2022. While they held 591,043 shares in Q3 2022, valued at $50,871,000, in Q4 2022, they only held 316,724 shares, worth $22,557,000. This marks a percentage change decrease of 55.7.

In conclusion, the changes in Azora Capital LP's 13F holdings between Q3 2022 and Q4 2022 indicate that the firm made several significant adjustments to their portfolio. The heavy investment in companies like SELECT SECTOR SPDR TR, SIVB Financial Group, and LPL Financial Holdings Inc showcased their interest in the finance and investment sector, while their decreased investment in PayPal Holdings Inc highlights a shift in their strategy. Whether these changes will reflect in their long-term performance remains to be seen, but it's evident that they are constantly striving to achieve the best returns while minimizing risks in their portfolio.