The Scopia Capital Management Q3 2022 vs. Q4 2022: A Look at Their 13F Holdings
Ava Hoppe | 14 May, 2023
As 2022 is slowly coming to an end, investors are eagerly waiting for the latest 13F holdings of one of the top hedge funds, Scopia Capital Management LP. Scopia Capital is known for its expertise in long/short equity funds and has generated impressive returns for its clients over the years. In this article, we will take a closer look at the changes in their Q3 2022 vs Q4 2022 13F holdings comparison.
KBR Inc - A Decrease in Shareholdings
With KBR Inc being one of the largest holdings of Scopia Capital in Q3 2022, it is interesting to note that the number of shares held by the hedge fund decreased from 2,015,919 to 1,730,821 in Q4 2022. Despite the decrease, the value of these holdings increased from $87,128,000 to $91,387,000 in Q4 2022, representing a 4.9% change.
Harmonic Inc - Another Decrease in Shareholdings
Harmonic Inc was the second-largest holding of Scopia Capital in Q3 2022, with 7,625,490 shares held. However, there was a significant decrease in the number of shares held in Q4 2022, with only 6,322,507 shares held, representing a 16.9% change. The value of these holdings also decreased from $99,665,000 to $82,824,000 in Q4 2022.
Verra Mobility Corp - A Significant Decrease in Shareholdings
Verra Mobility Corp was the third-largest holding of Scopia Capital in Q3 2022, with 8,101,369 shares held. However, in Q4 2022, the number of shares held drastically decreased to 5,895,689, representing a 34.5% change. The value of these holdings also decreased from $124,518,000 to $81,537,000 in Q4 2022.
Other Notable Changes in Holdings
Oak Street Health Inc had a significant increase in shareholdings, with the number of shares held increasing from 1,902,784 to 2,751,389 in Q4 2022, representing a 26.8% change. Qorvo Inc also had a notable increase in shareholdings, with the number of shares held increasing from 358,414 to 625,010 in Q4 2022, representing a 99% change.
On the other hand, Aramark had a significant decrease in shareholdings, with the number of shares held decreasing from 1,822,522 to 737,368 in Q4 2022, representing a 46.4% change. Spirit AeroSystems Holdings Inc also had a significant decrease in shareholdings, with the number of shares held decreasing from 2,245,352 to 677,925 in Q4 2022, representing a 59.2% change.
Conclusion
As investors continue to monitor hedge fund holdings, the Q3 2022 vs Q4 2022 13F holdings of Scopia Capital Management LP provide a glimpse into their current investment strategy. While there have been notable changes in their holdings, it is essential to keep in mind that these changes do not necessarily reflect a shift in their overall investment approach. As always, investors should conduct their own research and analysis before making any investment decisions.
Other Posts
- Osher Van de Voorde Investment Management Q2 2023 vs. Q3 2023 13F Holdings Comparison
- HMS Capital Management's Q4-Q1 13F Filing Reveals Diversified Investment Strategy, Focus on Technology Sector Growth
- Proxima Capital Management, LLC Q2 2020 vs. Q3 2020 13F Holdings: Which Companies Did They Invest In?
- Investment Report: South Texas Money Management Ltd Q2 2019 vs. Q3 2019
- Riverpark Capital Management LLC Q3 2023 vs. Q4 2023: A Comprehensive Analysis of 13F Holdings Changes
- Investment advisory firm, RiverGlades Family Offices LLC, increases holdings in top-performing ETFs while reducing exposure to struggling investments
- Milestone Technologies Expands Global IT Services with Acquisition of Suyati Technologies
- Cranbrook Wealth Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison
- Revolutionizing Therapeutics: Flashpoint Therapeutics Receives $10M Seed Financing from Beta Lab
- A Closer Look at Tillar-Wenstrup Advisors, LLC Q4 2022 vs. Q1 2023 13F Holdings