AEGON USA Investment Management, LLC Q4 2022 vs. Q1 2023: An In-Depth Look at the Holdings Changes

AEGON USA Investment Management, LLC is required to file Form 13F with the SEC. This quarterly report is a mandatory filing for institutional investors that manage over $100 million in assets. Each 13F discloses the hedge fund or institutional investor's equity holdings in over 10,000 US-based companies. By releasing these holdings to the public, the SEC aims to provide transparency in the market.

In this article, we will analyze the changes in holdings of AEGON USA Investment Management, LLC from Q4 2022 to Q1 2023. We'll also take a closer look at some of the noteworthy modifications.

Let's start by examining some of the most significant holdings changes made by AEGON USA Investment Management, LLC.

NextEra Energy Inc (NEE/PQ)

NextEra Energy is the biggest electric utility company in the world. In Q1 2023, AEGON USA Investment Management reported no position-holder in NextEra Energy. However, in the prior quarter, they held 243,922 shares, with a value of $11.8 million.

Southwest Airlines Co

AEGON USA Investment Management held 5,375,000 shares of Southwest Airlines Co for the two quarters, with a Q4 2022 value of $64.6 million. However, the equity holding company reduced its shares by 268,894 or 5.03% in Q1 2023, with a Q1 value of $61.06 million.

AVAYA Holdings Corp

AVAYA Holdings is a leading solution provider of unified communications, contact centers, and networking. The Q1 holdings of AEGON USA Investment Management, LLC in AVAYA were 6,786,000, indicating a $54.2 million value, representing an increase of 113.3% since Q4 2022.

Spdr Blackstone / Gso Senior Loan Etf (SRLN)

AEGON USA Investment Management decreased their holding in Spdr Blackstone/Gso Senior Loan Etf (SRLN) by 24,000 shares or 74.77%, with a total holding of 8,000 shares in Q1 2023.

It is noteworthy that AEGON USA Investment Management, LLC reduced its position in Clear Channel Outdoor (CCO), National CineMedia Inc (NCMI), Western Asset High Income Opportunity Fund (HIX), NextEra Energy Inc (NEE-P), and iHeartMedia Inc (IHRT) in Q1 2023.

The bottom line:

AEGON USA Investment Management, LLC made several significant changes to its portfolio holdings from Q4 2022 to Q1 2023. However, it's essential to remember that these are only a few observations based on a few holdings in a portfolio of thousands of stocks. Nevertheless, these insights can be used to inform and guide an investor's decisions.