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Top 5 1st Quarter Trades of ARES MANAGEMENT LLC

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May 15, 2022
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ARES MANAGEMENT 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.

2000 Avenue of the Stars Los Angeles, CA 90067

As of the latest 13F report, the guru’s equity portfolio contained 39 stocks valued at a total of $2,644,000,000. The top holdings were FYBR(36.84%), AZEK(17.94%), and CRC(10.09%).

According to GuruFocus data, these were ARES MANAGEMENT LLC’s top five trades of the quarter.

California Resources Corp


ARES MANAGEMENT LLC reduced their investment in NYSE:CRC by 112,916 shares. The trade had a 0.19% impact on the equity portfolio. During the quarter, the stock traded for an average price of $44.1.

On 05/15/2022, California Resources Corp traded for a price of $40.69 per share and a market cap of $3,158,798,000. The stock has returned 58.66% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, California Resources Corp has a price-earnings ratio of 9999.00 and a EV-to-Ebitda ratio of 0.82.

The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 2.

Archaea Energy Inc


The guru sold out of their 14,942,640-share investment in NYSE:LFG. Previously, the stock had a 7.74% weight in the equity portfolio. Shares traded for an average price of $18.14 during the quarter.

On 05/15/2022, Archaea Energy Inc traded for a price of $18.66 per share and a market cap of $1,498,058,000. The stock has returned 0.00% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 1 out of 10.

In terms of valuation, Archaea Energy Inc has a EV-to-Ebitda ratio of -55.57 and a price-sales ratio of 10.04.

S&P 500 ETF TRUST ETF


The guru established a new position worth 250,000 shares in ARCA:SPY, giving the stock a 4.27% weight in the equity portfolio. Shares traded for an average price of $444.05 during the quarter.

On 05/15/2022, S&P 500 ETF TRUST ETF traded for a price of $401.72 per share and a market cap of $361,419,450,000. The stock has returned -0.80% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 20.30, a price-book ratio of 3.86, a price-earnings-to-growth (PEG) ratio of 2.30, a EV-to-Ebitda ratio of 14.36 and a price-sales ratio of 2.94.

The price-to-GF Value ratio is 0.94, earning the stock a GF Value rank of 6.

Option Care Health Inc


The guru sold out of their 2,084,059-share investment in NAS:OPCH. Previously, the stock had a 1.68% weight in the equity portfolio. Shares traded for an average price of $25.07 during the quarter.

On 05/15/2022, Option Care Health Inc traded for a price of $28.63 per share and a market cap of $5,154,890,000. The stock has returned 67.52% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 5 out of 10.

In terms of valuation, Option Care Health Inc has a price-earnings ratio of 29.82, a price-book ratio of 4.22, a EV-to-Ebitda ratio of 21.56 and a price-sales ratio of 1.45.

The price-to-GF Value ratio is 1.51, earning the stock a GF Value rank of 1.

iShares iBoxx USD High Yield Corporate Bond ETF


The guru sold out of their 554,628-share investment in ARCA:HYG. Previously, the stock had a 1.37% weight in the equity portfolio. Shares traded for an average price of $82.97 during the quarter.

On 05/15/2022, iShares iBoxx USD High Yield Corporate Bond ETF traded for a price of $76.81 per share and a market cap of $14,278,979,000. The stock has returned -8.25% over the past year.

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

In terms of valuation, iShares iBoxx USD High Yield Corporate Bond ETF has a price-book ratio of 1.64.


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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