M D SASS INVESTORS SERVICES INC's Q4 2022 13F: 1 new position, 5 exits
Form 13F-HR for the quarter ended Dec 31, 2022 · filed Feb 13, 2023 · 27 reported positions · accession 0001172661-23-000754
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | PAYPAL HLDGS INC (PYPL) | 3.1% | — | −3.1 pts | −193K sh | −100% |
| Exited | WORLD WRESTLING ENTMT INC (WWE) | 2.8% | — | −2.8 pts | −221K sh | −100% |
| Increased | VANGUARD INDEX FDS (VOO) | 4.3% | 7.1% | +2.8 pts | +41,765 sh | +59% |
| Reduced | RAYTHEON TECHNOLOGIES CORP (RTX) | 5.6% | 5.2% | −0.4 pts | −85,941 sh | −23% |
| Reduced | CACI INTL INC (CACI) | 6.8% | 6.2% | −0.6 pts | −26,175 sh | −19% |
| Increased | FIRST REP BK SAN FRANCISCO C (FRCB) | 4.7% | 5.6% | +0.9 pts | +59,190 sh | +30% |
| Increased | LIBERTY MEDIA CORP DEL (FWONK) | 4.6% | 5.8% | +1.3 pts | +119K sh | +28% |
| Exited | AMAZON COM INC (AMZN) | 1.2% | — | −1.2 pts | −57,930 sh | −100% |
| Exited | INTERACTIVE BROKERS GROUP IN (IBKR) | 1.1% | — | −1.1 pts | −94,267 sh | −100% |
| Reduced | API GROUP CORP (APG) | 6.0% | 7.5% | +1.4 pts | −265K sh | −11% |
| Increased | AMERISOURCEBERGEN CORP (COR) | 2.8% | 4.1% | +1.3 pts | +24,850 sh | +22% |
| Reduced | ROCKWELL AUTOMATION INC (ROK) | 2.2% | 1.9% | −0.3 pts | −14,628 sh | −26% |
| Reduced | MASTEC INC (MTZ) | 5.0% | 6.0% | +0.9 pts | −44,108 sh | −10% |
| Increased | ALPHABET INC (GOOGL) | 5.3% | 5.4% | +0.1 pts | +41,088 sh | +14% |
| Increased | PROSHARES TR (SQQQ) | 0.6% | 1.0% | +0.4 pts | +49,363 sh | +90% |
| New | DIREXION SHS ETF TR (SPXS) | — | 0.4% | +0.4 pts | +106K sh | new |
| Increased | BLUE OWL CAPITAL INC (OWL) | 4.6% | 5.5% | +0.9 pts | +203K sh | +8% |
| Increased | CROWN HLDGS INC (CCK) | 5.6% | 6.0% | +0.3 pts | +24,252 sh | +6% |
| Reduced | CHARLES RIV LABS INTL INC (CRL) | 5.0% | 5.1% | +0.1 pts | −8,361 sh | −6% |
| Reduced | MICROSOFT CORP (MSFT) | 1.2% | 0.9% | −0.3 pts | −7,145 sh | −26% |
| Reduced | CORTEVA INC (CTVA) | 3.7% | 3.5% | −0.2 pts | −24,249 sh | −7% |
| Reduced | ON SEMICONDUCTOR CORP (ON) | 5.1% | 4.8% | −0.4 pts | −21,879 sh | −5% |
| Increased | CHEMED CORP NEW (CHE) | 4.7% | 5.6% | +0.9 pts | +2,554 sh | +4% |
| Exited | DIREXION SHS ETF TR (TZA) | 0.2% | — | −0.2 pts | −24,226 sh | −100% |
| Reduced | WALKER & DUNLOP INC (WD) | 5.7% | 5.1% | −0.6 pts | −9,096 sh | −2% |
| Reduced | EAST WEST BANCORP INC (EWBC) | 3.8% | 3.5% | −0.3 pts | −8,800 sh | −3% |
| Increased | SPDR S&P 500 ETF TR (SPY) | 0.5% | 0.5% | +0.1 pts | +718 sh | +10% |
| Increased | SURO CAPITAL CORP (SSSS) | 0.2% | 0.2% | 0.0 pts | +48,441 sh | +20% |
| Increased | ISHARES TR (ACWX) | 0.2% | 0.3% | +0.1 pts | +4,000 sh | +13% |
| Reduced | MATCH GROUP INC NEW (MTCH) | 3.1% | 2.6% | −0.5 pts | −2,996 sh | −1% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 60.7% of the equity book
Changes in the top 10 this quarter: VOO entered · FWONK entered · FRCB entered · OWL entered · WD left · RTX left · ON left · CRL left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | API GROUP CORP (APG) | 6.0% | 7.5% | |
| 2 | VANGUARD INDEX FDS (VOO) | 4.3% | 7.1% | Entered the top 10 |
| 3 | CACI INTL INC (CACI) | 6.8% | 6.2% | |
| 4 | MASTEC INC (MTZ) | 5.0% | 6.0% | |
| 5 | CROWN HLDGS INC (CCK) | 5.6% | 6.0% | |
| 6 | LIBERTY MEDIA CORP DEL (FWONK) | 4.6% | 5.8% | Entered the top 10 |
| 7 | CHEMED CORP NEW (CHE) | 4.7% | 5.6% | |
| 8 | FIRST REP BK SAN FRANCISCO C (FRCB) | 4.7% | 5.6% | Entered the top 10 |
| 9 | BLUE OWL CAPITAL INC (OWL) | 4.6% | 5.5% | Entered the top 10 |
| 10 | ALPHABET INC (GOOGL) | 5.3% | 5.4% | |
| — | WALKER & DUNLOP INC (WD) | 5.7% | 5.1% | Left the top 10 |
| — | RAYTHEON TECHNOLOGIES CORP (RTX) | 5.6% | 5.2% | Left the top 10 |
| — | ON SEMICONDUCTOR CORP (ON) | 5.1% | 4.8% | Left the top 10 |
| — | CHARLES RIV LABS INTL INC (CRL) | 5.0% | 5.1% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | SPDR S&P 500 ETF TR (SPY) | Put | 0 | 320K | $122M |