Alpha Wave Global, LP Q3 2022 vs. Q4 2022 13F Holdings Comparison

Investors and traders alike are always on the lookout for new opportunities to invest and make a profit. One way they do this is by analyzing the holdings of various funds and tracking any changes in their portfolios. Alpha Wave Global, LP is one such fund that has recently made some significant changes to its holdings between Q3 2022 and Q4 2022. Let's take a closer look at these changes and what they could mean for investors.

PNM RES INC

PNM RES INC was one of the major holdings for Alpha Wave Global, LP in Q3 2022. However, by Q4 2022 their position had decreased by 20.5% to 961,523 shares. The Q3 2022 position was valued at $59,024,000, while the Q4 2022 position was valued at $46,912,000. This decrease in shares could suggest that the fund is losing confidence in the stock.

AMYLYX PHARMACEUTICALS INC

AMYLYX PHARMACEUTICALS INC was one of the few stocks that saw a positive change in the Q4 2022 holdings for Alpha Wave Global, LP. In Q3 2022, the fund held 700,635 shares of the stock, but by Q4 2022, that number had increased by 53.9% to 821,220 shares. The value of the Q3 2022 position was $19,723,000, while the value of the Q4 2022 position was $30,344,000. This increase in shares could suggest that the fund is bullish on the stock.

MISTER CAR WASH INC

MISTER CAR WASH INC was another stock that saw a significant decrease in its Q4 2022 holdings for Alpha Wave Global, LP. The fund held 1,639,217 shares of the stock in Q3 2022, but that number decreased by 19.8% to 1,222,207 shares in Q4 2022. The value of the Q3 2022 position was $14,064,000, while the value of the Q4 2022 position was $11,280,000. This decrease in shares could suggest that the fund is losing faith in the stock.

HCA HEALTHCARE INC

HCA HEALTHCARE INC was another stock that saw a decrease in its Q4 2022 holdings for Alpha Wave Global, LP. The fund held 40,687 shares of the stock in Q3 2022, but that number decreased by 1.4% to 40,219 shares in Q4 2022. The value of the Q3 2022 position was $7,478,000, while the value of the Q4 2022 position was $9,650,000. Despite the decrease in shares, the increase in value could suggest that the fund still has faith in the stock.

WM TECHNOLOGY INC

WM TECHNOLOGY INC was another stock that saw a significant decrease in its Q4 2022 holdings for Alpha Wave Global, LP. The fund held 3,359,792 shares of the stock in Q3 2022, but that number decreased by 29.1% to 2,388,852 shares in Q4 2022. The value of the Q3 2022 position was $54,090,000, while the value of the Q4 2022 position was $2,412,000. This significant decrease in shares could suggest that the fund is losing faith in the stock.

Conclusion

Alpha Wave Global, LP made some significant changes to its holdings between Q3 2022 and Q4 2022. While some stocks saw an increase in their position, others saw a decrease, and some were sold off entirely. While this information can provide insight into the fund's strategy and outlook for certain stocks, it's important to keep in mind that it's just one data point. Investors should always perform their due diligence and research stocks before making any investment decisions.