Ursa Fund Management Q3 2022 vs. Q4 2022 13F Holdings: A Comparison of Changes

As the investment world continues to evolve at an unimaginable pace, Ursa Fund Management, LLC is not left out in a bid to keep up with this pace. This is evident from the 13F holdings of Q3 2022 and Q4 2022, where changes have been made in their holdings. In this article, we'll examine the portfolio's changes and the reasons behind them.

One of the significant changes in Ursa's portfolio holdings is the addition of shares in Albertsons Cos Inc. During Q3 2022, the company had no shares of Albertsons, but by the end of Q4 2022, they had increased to 550,000 shares valued at $11,407,000. The addition of shares in Albertsons may be due to a report by the supermarket giant on its Q3 2022 results, where it out-earned market consensus. Additionally, Albertsons has shown a strong momentum in digital sales, and this may have influenced Ursa's decision to add shares in the company.

Another remarkable shift in Ursa's portfolio holdings is the call option on General Electric Co. The company had no call option on General electric Co in Q3 2022, but by the end of Q4 2022, they had an option on 30,036 shares in General Electric valued at $2,519,000. The rationale behind this call option may be linked to the company's Q3 2022 results, which showed signs of improvement in its aviation unit after years of struggling. Moreover, General Electric's management has demonstrated their commitment to boosting shareholder value through a $4.4 billion share-buyback program in December 2022.

One other impressive shift in Ursa's holdings is the increase in share volume of iStar Inc, where Ursa quadrupled their shares from 162,274 to 903,738, with their value increasing from $1,502,000 to $6,895,000. While the reason behind this massive acquisition is not explicit, iStar Inc's Q3 2022 result showed a year-over-year revenue growth of 18%, which may have caught Ursa's attention.

Conclusion

In summary, Ursa Fund Management's Q3 2022 vs. Q4 2022 13F holdings had several significant changes worth noting. The addition of shares in Albertsons Cos Inc, a call option on General Electric Co, and the increase in share volume of iStar Inc are just a few examples. It's important to note that we cannot make accurate statements about the specific reasons behind these changes, and we can only speculate based on the market's evaluation of these companies during the period under review. As always, we urge investors to conduct thorough research before making investment decisions.