Perella Weinberg Partners Capital Management LP Q3 2022 vs. Q4 2022 13F Holdings Comparison: Analyzing the Top Gainers and Losers

As the year 2022 comes to an end, Perella Weinberg Partners Capital Management LP has released its latest regulatory filing disclosing the holdings of its 13F portfolio at the end of Q3 2022 and Q4 2022. The data reveals the changes in the firm’s holdings of different ETFs and stocks during the period. In this blog post, we’ll take a closer look at the top gainers and losers in Perella Weinberg’s portfolio and try to understand the reasons behind the changes.

Top Gainers

1. SPDR S&P 500 ETF TR (SPY)

The SPDR S&P 500 ETF TR was the biggest gainer in Q4 2022, with Perella Weinberg increasing its holdings by 47,790 shares or 25.9%. The value of the holdings increased from $97,184,000 to $122,330,000, representing a gain of 25.9%. This could be due to the strong performance of the S&P 500 index during the period.

2. VANGUARD INTL EQUITY INDEX F (VT)

Perella Weinberg increased its holdings of the Vanguard Intl Equity Index Fund by 34,602 shares or 7.4% during the period. The value of the holdings increased from $36,593,000 to $42,967,000, representing a gain of 17.4%. The increase in holdings could be due to the strong performance of international stocks during the period.

3. VANGUARD INTL EQUITY INDEX F (VWO)

Perella Weinberg also increased its holdings of the Vanguard Intl Equity Index Fund (VWO) by 102,332 shares or 63.98% during the period. The value of the holdings increased from $5,837,000 to $10,224,000, representing a gain of 75.2%. The increase in holdings could be due to the strong performance of emerging market stocks during the period.

Top Losers

1. FIRST TR EXCHANGE-TRADED FD (EMLP)

The biggest loser in Perella Weinberg’s portfolio was the First Trust Exchange-Traded Fund (EMLP), with the firm reducing its holdings by 19,394,416 shares or 41.1% during the period. The value of the holdings decreased from $109,350,000 to $64,394,000, representing a loss of 41.1%. The decrease in holdings could be due to poor performance of the ETF during the period.

2. NUSHARES ETF TR (NULV)

Perella Weinberg also reduced its holdings of the NuShares ETF Trust (NULV) by 1,303,479 shares or 73.8% during the period. The value of the holdings decreased from $52,700,000 to $13,788,000, representing a loss of 73.8%. The decrease in holdings could be due to poor performance of the ETF during the period.

3. ISHARES TR (TIP)

Perella Weinberg reduced its holdings of the iShares Trust (TIP) by 78,168 shares or 17.5% during the period. The value of the holdings decreased from $43,972,000 to $36,297,000, representing a loss of 17.5%. The decrease in holdings could be due to rising interest rates during the period.

Conclusion

In conclusion, the data from Perella Weinberg Partners Capital Management LP’s Q3 2022 and Q4 2022 13F filings reveals that the firm made both gains and losses during the period. The gains in SPY, VT, and VWO can be attributed to strong performance in the stock market during the period, while the losses in EMLP, NULV, and TIP can be attributed to poor performance in the respective ETFs during the period. Investors interested in following the moves of professional fund managers can benefit from analyzing 13F filings.