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Alyeska Investment Group, L.P. Buys 3, Sells 2 in 1st Quarter

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May 19, 2022
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Alyeska Investment Group, L.P. 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.

Alyeska Investment Group is a hedge fund sponsor based out of Chicago. The company was founded in 2008 and is currently headed by CEO Anand Christopher Parekh, who has been with the company since its inception. Alyeska Investment Group currently has 36 employees with 22 of them being investment professionals. The company utilizes a fundamental and quantitative analysis to make its investment decisions. Alyeska Investment Group focuses on a long term perspective with active management of its equity focused portfolio. Through a market neutral strategy, the company invests in the equity and fixed income markets on a global scale. Alyeska Investment Group allocates its assets across a variety of sectors with a focus on the health care sector, alone making up almost a fifth of its total asset allocations. The company also invests in the finance, information technology, energy, consumer discretionary, materials, industrials, and consumer staples sector, among others to a lesser degree, in order of decreasing allocation. Alyeska Investment Group does not focus on allocating its assets in select companies, instead focusing on investing its held assets in options such as the S&P Selector Sector SPDR Fund – Utilities Sector, SPDR S&P 500 ETF Index Depositary Receipts, and S&P Selector Sector – Energy Sector with its top holdings each making up barely 1% of its total holdings. Alyeska Investment Group currently has over $9 billion in total assets under management spread across 6 accounts with all of its accounts being discretionary accounts. Although its total number of accounts held has not increased significantly in recent years, its total assets under management has made dramatic increases, growing from $2.3 billion back in 2010 to almost four times that amount today. Almost all of Alyeska Investment Group’s client base are pooled investment vehicles, although the company also caters to corporations and other businesses.

As of the latest 13F report, the guru’s equity portfolio contained 571 stocks valued at a total of $9,074,000,000. The top holdings were PAYC(1.74%), TTWO(1.56%), and MSFT(1.41%).

According to GuruFocus data, these were Alyeska Investment Group, L.P.’s top five trades of the quarter.

Zynga Inc


The guru sold out of their 16,562,141-share investment in NAS:ZNGA. Previously, the stock had a 1.25% weight in the equity portfolio. Shares traded for an average price of $8.79 during the quarter.

On 05/19/2022, Zynga Inc traded for a price of $8.445 per share and a market cap of $9,632,708,000. The stock has returned -17.06% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 4 out of 10.

In terms of valuation, Zynga Inc has a price-book ratio of 3.28, a EV-to-Ebitda ratio of 34.97 and a price-sales ratio of 3.36.

The price-to-GF Value ratio is 0.66, earning the stock a GF Value rank of 8.

Intuitive Surgical Inc


The guru established a new position worth 357,964 shares in NAS:ISRG, giving the stock a 1.19% weight in the equity portfolio. Shares traded for an average price of $292.21 during the quarter.

On 05/19/2022, Intuitive Surgical Inc traded for a price of $218.31 per share and a market cap of $78,521,738,000. The stock has returned -20.69% over the past year.

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

In terms of valuation, Intuitive Surgical Inc has a price-earnings ratio of 48.65, a price-book ratio of 6.50, a price-earnings-to-growth (PEG) ratio of 4.16, a EV-to-Ebitda ratio of 34.91 and a price-sales ratio of 13.58.

The price-to-GF Value ratio is 0.72, earning the stock a GF Value rank of 10.

Texas Instruments Inc


Alyeska Investment Group, L.P. reduced their investment in NAS:TXN by 502,889 shares. The trade had a 1.12% impact on the equity portfolio. During the quarter, the stock traded for an average price of $176.33.

On 05/19/2022, Texas Instruments Inc traded for a price of $168.57 per share and a market cap of $155,785,292,000. The stock has returned -2.29% over the past year.

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

In terms of valuation, Texas Instruments Inc has a price-earnings ratio of 19.32, a price-book ratio of 11.09, a price-earnings-to-growth (PEG) ratio of 1.97, a EV-to-Ebitda ratio of 14.48 and a price-sales ratio of 8.30.

The price-to-GF Value ratio is 0.89, earning the stock a GF Value rank of 7.

CDW Corp


The guru established a new position worth 560,933 shares in NAS:CDW, giving the stock a 1.11% weight in the equity portfolio. Shares traded for an average price of $183.1 during the quarter.

On 05/19/2022, CDW Corp traded for a price of $162.94 per share and a market cap of $21,929,282,000. The stock has returned -1.39% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, CDW Corp has a price-earnings ratio of 22.41, a price-book ratio of 24.56, a price-earnings-to-growth (PEG) ratio of 1.62, a EV-to-Ebitda ratio of 16.62 and a price-sales ratio of 1.03.

The price-to-GF Value ratio is 0.89, earning the stock a GF Value rank of 7.

Microsoft Corp


During the quarter, Alyeska Investment Group, L.P. bought 319,700 shares of NAS:MSFT for a total holding of 415,507. The trade had a 1.08% impact on the equity portfolio. During the quarter, the stock traded for an average price of $300.8.

On 05/19/2022, Microsoft Corp traded for a price of $252.87 per share and a market cap of $1,889,502,930,000. The stock has returned 5.75% over the past year.

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

In terms of valuation, Microsoft Corp has a price-earnings ratio of 26.36, a price-book ratio of 11.60, a price-earnings-to-growth (PEG) ratio of 1.25, a EV-to-Ebitda ratio of 18.74 and a price-sales ratio of 9.91.

The price-to-GF Value ratio is 0.85, earning the stock a GF Value rank of 7.


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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