Coliseum Capital Management, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

As the third quarter of 2022 ends, Coliseum Capital Management, LLC reveals its 13F holdings with comparisons to the fourth quarter of the same year. The diversified and growth-oriented hedge fund's recent stock investments from emerging industries have caught the eye of avid investors. Let's take a look at the Q3 2022 vs. Q4 2022 13F holdings comparison of Coliseum Capital Management, LLC.

GMS: Steady as She Goes

Coliseum Capital Management has retained its position as the top institutional holder of GMS Inc. by keeping 6,336,573 shares in both Q3 and Q4 of 2022. The Wallboard and ceiling solutions provider have soared to success in recent years with the steady growth of the US housing and construction industry.

BLDR & TPX: Building a New Future

The top two losers in Coliseum Capital Management's portfolio come from the building industry. Builders FirstSource Inc. Holdings (BLDR) decreased by 31.4%, while Tempur Sealy Intl Inc. Holdings (TPX) plummeted to zero in Q4 2022. Despite the decline, industry analysts believe these investments could present buying opportunities in the long term.

PRPL & SONO: The Sound of Profit

Purple Innovation Inc. (PRPL) and Sonos Inc. (SONO) both enjoyed an increase of 18.3% and 8.2%, respectively, in terms of shareholder value. Purple Innovation, the mattress manufacturer, and e-commerce platform, has caught the attention of retail investors due to its innovative products and sustainable business practices. Sonos, the smart speaker manufacturer, has grown in popularity due to their intuitive products and the increased demand for smart home technology.

GIL.TO: Investing in Activewear

Gildan Activewear Inc. Holdings (GIL.TO) increased by 78% in Q4 2022. Coliseum Capital Management's decision to invest in the Canadian apparel company has paid off, with Gildan reporting record quarterly sales in the third quarter of 2022.

The Rest of the Pack

ModivCare Inc. (MODV) decreased by 3.6%, while MasterCraft Boat Holdings Inc. (MCFT) increased by 37.2% in Q4 2022. Blue Bird Corp. (BLBD) increased by 28.3%, Lazydays Holdings Inc. (LAZY) increased by 174%, Quotient Technology Inc. (QUOT) increased by 48.5%, and Innovage Holdings Corp. (INNV) increased by 22.3%. Option Care Health Inc. (OPCH) and Universal Technical Institute Inc. (UTI) both experienced a drop to zero in Q4 2022.

Conclusion

Coliseum Capital Management's Q3 2022 vs. Q4 2022 13F holdings comparison shows a diverse portfolio, with a mix of steady performers and sudden losers. Despite the decrease in Builders FirstSource Inc. Holdings (BLDR) by 31.4% and Tempur Sealy Intl Inc. Holdings (TPX) to zero, these investments could present long-term opportunities. Meanwhile, Purple Innovation Inc. (PRPL), Sonos Inc. (SONO), and Gildan Activewear Inc. Holdings (GIL.TO) have all increased in Q4 2022 and present current buying opportunities. As always, it's important to conduct thorough research before investing in any stocks.