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Top 5 1st Quarter Trades of Richard Bernstein Advisors LLC

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May 13, 2022
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Richard Bernstein Advisors LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.

120 W 45TH STREET NEW YORK, NY 10036

As of the latest 13F report, the guru’s equity portfolio contained 262 stocks valued at a total of $5,060,000,000. The top holdings were QUAL(8.93%), USFR(6.43%), and IQLT(5.51%).

According to GuruFocus data, these were Richard Bernstein Advisors LLC’s top five trades of the quarter.

ProShares Investment Grade-Interest Rate Hedged


Richard Bernstein Advisors LLC reduced their investment in BATS:IGHG by 2,703,778 shares. The trade had a 3.88% impact on the equity portfolio. During the quarter, the stock traded for an average price of $72.08.

On 05/13/2022, ProShares Investment Grade-Interest Rate Hedged traded for a price of $70.03 per share and a market cap of $674,038,000. The stock has returned -5.31% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

iShares iBoxx USD Investment Grade Corporate Bond


The guru established a new position worth 1,386,378 shares in ARCA:LQD, giving the stock a 3.3% weight in the equity portfolio. Shares traded for an average price of $124.24 during the quarter.

On 05/13/2022, iShares iBoxx USD Investment Grade Corporate Bond traded for a price of $112.24 per share and a market cap of $31,763,920,000. The stock has returned -12.24% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

WisdomTree Floating Rate Treasury Fund


Richard Bernstein Advisors LLC reduced their investment in ARCA:USFR by 6,122,616 shares. The trade had a 2.96% impact on the equity portfolio. During the quarter, the stock traded for an average price of $50.23.

On 05/13/2022, WisdomTree Floating Rate Treasury Fund traded for a price of $50.36 per share and a market cap of $7,382,085,000. The stock has returned 0.40% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, WisdomTree Floating Rate Treasury Fund has a price-earnings ratio of 18.91 and a price-book ratio of 27.37.

iShares Interest Rate Hedged Long-Term Corporate B


Richard Bernstein Advisors LLC reduced their investment in ARCA:IGBH by 6,145,202 shares. The trade had a 2.95% impact on the equity portfolio. During the quarter, the stock traded for an average price of $24.08.

On 05/13/2022, iShares Interest Rate Hedged Long-Term Corporate B traded for a price of $23.17 per share and a market cap of $194,629,000. The stock has returned -4.82% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

Janus Henderson AAA CLO ETF


The guru established a new position worth 2,963,922 shares in ARCA:JAAA, giving the stock a 2.93% weight in the equity portfolio. Shares traded for an average price of $50.16 during the quarter.

On 05/13/2022, Janus Henderson AAA CLO ETF traded for a price of $49.8 per share and a market cap of $1,386,931,000. The stock has returned -0.12% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.


Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

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