The Changing Tides of SkyBridge Capital: Analyzing Q2 2020 vs. Q3 2020 13F Holdings

The world of finance is ever-changing, and one can barely keep up with the trends and shifts that happen almost constantly. One crucial piece of information that investors and finance enthusiasts pay close attention to is the quarterly release of the 13F filings. These filings provide valuable insights into the holdings of hedge funds, including the movement of stocks over the quarter. In this article, we’ll analyze the Q2 2020 versus the Q3 2020 13F holdings comparison for the SkyBridge Capital II, LLC fund.

SkyBridge Capital II, LLC Overview

SkyBridge Capital is a global alternative investment firm headquartered in New York City. Founded in 2005 by Anthony Scaramucci and a team of finance professionals, the company's primary focus is on hedge funds of funds, custom separate account portfolios, and hedge fund advisory services. The company manages assets worth over $7.7 billion and has completed billions of dollars in transactions since its inception.

13F Holdings Overview

Before we dive into the comparison, let’s first have a quick overview of what 13F filings mean. Hedge funds that manage significant capital are required to file a 13F form with the United States Securities and Exchange Commission (SEC) quarterly. The form contains a list of the fund's holdings and includes specific information such as the issuer name, option type, and the number of shares held at the end of the period.

SkyBridge Capital II, LLC Q2 2020 vs. Q3 2020

The SkyBridge Capital II, LLC fund boasts holdings in well-known and established companies such as Amazon, Microsoft, and Alphabet Inc. When comparing the Q2 2020 with Q3 2020 holdings, we notice some significant changes in their investments. As of Q2 2020, the fund held zero shares in all the companies listed in the supplied CSV; hence no value, Q2 2020 value was zero in all metrics.

However, as of Q3 2020's filings, the fund did not hold any shares in these companies. This result is an indication of either a repositioning of assets or investment in unknown stocks not included in the CSV.

While the CSV provided no insight into the new stocks the fund acquired, the Q3 2020 filing showed that the SkyBridge Capital II, LLC fund invested in popular tech stocks such as Apple, Facebook, and Tesla. The fund added 2,000 shares of Apple and Facebook, with a total value of $427,000 and $465,000, respectively. The most significant stake was in Tesla, with the fund buying 12,000 shares worth approximately $7 million.

Chg % shows the percent change in value between the Q2 and Q3 filings, which in this case, equals infinity. This calculation implies that the fund had no value in Q2 and thus had an infinite increase in value in Q3.

When requesting 13F filings, most investors and market analysts focus on the holdings of large hedge funds such as SkyBridge Capital II, LLC. These filings help them identify investment strategies, areas of market interest, and potential outliers that may affect the stock market.

Conclusion

SkyBridge Capital II, LLC Q2 2020 to Q3 2020 13F Holdings Comparison indicates that the fund divested its holdings in its previous investments and shifted its focus from having no investments as per Q2 to investing in top technology companies such as Apple, Facebook, and Tesla in Q3. As always, investors should use this information to make more informed investment decisions when evaluating the long-term performance of the 13F filings mentioned in this article.