Crown Advisors Management, Inc. Q3 2022 vs. Q4 2022 13F Holdings Comparison

Crown Advisors Management, Inc, a hedge fund based in New York City, has recently released its 13F holdings for the third and fourth quarters of 2022. This report showcases the changes in holdings and investment strategies of the fund. The report reveals significant changes in holdings of some companies, including: Encore Wire Corp, Builders FirstSource, FOX Entertainment Group, and NVIDIA Corporation.

Encore Wire Corp, a Texas-based manufacturer of copper and aluminum wires, maintained its position as the company with the highest percentage gain, with an increase of 19.1%. In the third quarter of 2022, the company held 50,000 shares, which increased to 50,000 shares in the fourth quarter of 2022. The value of the shares also rose from $5,777,000 to $6,878,000- this change is indicative of a bullish long-term outlook for the company.

Builders FirstSource, Inc. is another company where Crown Advisors Management, Inc has increased its shareholdings, from 100,000 shares to 100,000 in the fourth quarter of 2022. This shows a 10.1% increase in value at $5,892,000- a clear projection of the fund's positive outlook on the construction industry after several quarters of downturn.

On the other hand, there are some companies where Crown Advisors Management, Inc. has reduced its position, due to the change in market trends. Investment Managers Ser Tr I, for example, saw a 11.9% reduction in value to $5,451,000 from $6,187,000 with total shares of 100,000 in both quarters.

Cavco Industries Inc experienced the biggest decline in both share value and the number of shares the fund holds, reducing holdings from 24,000 in Q3 2022 to 18,000 in Q4 2022, which reflects a 17.5% reduction in value from $4,938,000 to $4,072,000 - an indication that the construction industry is facing some uncertainty because of a possible shift in consumer demand to more affordable housing.

Another company where Crown Advisors Management, Inc decreased its position is Diamondback Energy Inc. Share value dropped from $3,011,000 to $3,419,000, representing an increase of 13.6% in the number of shares held from 25,000 in Q3 2022 to 25,000 in Q4 2022. This decrease in share value mirrors the company's recent performance in the market.

Overall, Crown Advisors Management, Inc. appears to be optimistic about the most significant sectors of the market, particularly the construction industry. While there were some ups and downs with various holdings, the fund's strategy is still proactive and links with its investment objectives. This report is just one action of the many that the fund takes to ensure that it continues to provide returns for its investors.