SG Americas Securities, LLC recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
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.
SG Americas Securities is an investment banking company that was founded back in 1940. The company acts as a subsidiary of SG Americas Securities Holdings, LLC, specifically as its broker dealer arm located in the United States, which, in turn, is a holding subsidiary of Societe Generate Group, which is the parent holding company that can trace its history back to 1864 and has over 154,000 employees located in 76 countries. SG Americas Securities provides a variety of investment banking services including underwriting, capital markets, securities, mergers and acquisitions, derivatives, clearing, settlement, trading, and custodial services, among others. The company caters largely to pooled investment vehicle clients and also includes financial institutions, oil and gas, sports and gaming, media and telecommunications, aerospace and defense, and multinational corporations in its diverse client base. SG Americas Securities is headquartered in New York City and has additional offices located in Chicago, Illinoi, Houston Texas, and Boston, Bew York. The company acts as a broker dealer and has over 900 financial professionals registered in New York. Mutual funds offered through the parent Societe Generale Group are offered through Amundi Funds, which combines the asset management operations of Credit Agricole, which makes up three quarters of it, and Societe General, making up the rest. SG Americas Securities is almost completely owned by its holding company SG Americas Securities Holdings, LLC, with the remaining shares split amongst key executives. The company currently invests the most heavily in the technology and financial sectors, which together makes up over half of its total investment allocations, and also invests in the services, healthcare, consumer noncyclical, capital goods, energy, and consumer cyclical sectors, among others to a lesser degree, in order of decreasing sector allocations. SG Americas Securities, as of 2015, has a total market value of over $15.8 billion.
As of the latest 13F report, the guru’s equity portfolio contained 3275 stocks valued at a total of $8.95Bil. The top holdings were GLD(2.23%), QQQ(1.96%), and MSFT(1.74%).
According to GuruFocus data, these were SG Americas Securities, LLC’s top five trades of the quarter.
Amazon.com Inc
SG Americas Securities, LLC reduced their investment in NAS:AMZN by 4,096,715 shares. The trade had a 5.08% impact on the equity portfolio. During the quarter, the stock traded for an average price of $125.73.
On 07/29/2022, Amazon.com Inc traded for a price of $135.7701 per share and a market cap of $1,525.93Bil. The stock has returned -24.31% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Amazon.com Inc has a price-earnings ratio of 72.39, a price-book ratio of 11.40, a price-earnings-to-growth (PEG) ratio of 1.73, a EV-to-Ebitda ratio of 26.07 and a price-sales ratio of 3.23.
The price-to-GF Value ratio is 0.71, earning the stock a GF Value rank of 8.
Philip Morris International Inc
SG Americas Securities, LLC reduced their investment in NYSE:PM by 5,085,306 shares. The trade had a 3.64% impact on the equity portfolio. During the quarter, the stock traded for an average price of $101.83.
On 07/29/2022, Philip Morris International Inc traded for a price of $96.99 per share and a market cap of $149.01Bil. The stock has returned 1.74% 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, Philip Morris International Inc has a price-earnings ratio of 16.52, a price-earnings-to-growth (PEG) ratio of 7.18, a EV-to-Ebitda ratio of 12.62 and a price-sales ratio of 4.71.
The price-to-GF Value ratio is 1.09, earning the stock a GF Value rank of 5.
Taiwan Semiconductor Manufacturing Co Ltd
SG Americas Securities, LLC reduced their investment in NYSE:TSM by 2,412,400 shares. The trade had a 1.91% impact on the equity portfolio. During the quarter, the stock traded for an average price of $92.66.
On 07/29/2022, Taiwan Semiconductor Manufacturing Co Ltd traded for a price of $88.415 per share and a market cap of $456.64Bil. The stock has returned -22.32% 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, Taiwan Semiconductor Manufacturing Co Ltd has a price-earnings ratio of 19.48, a price-book ratio of 5.58, a price-earnings-to-growth (PEG) ratio of 1.66, a EV-to-Ebitda ratio of 10.63 and a price-sales ratio of 7.52.
The price-to-GF Value ratio is 0.74, earning the stock a GF Value rank of 10.
NVIDIA Corp
SG Americas Securities, LLC reduced their investment in NAS:NVDA by 809,350 shares. The trade had a 1.68% impact on the equity portfolio. During the quarter, the stock traded for an average price of $190.07.
On 07/29/2022, NVIDIA Corp traded for a price of $182.285 per share and a market cap of $446.92Bil. The stock has returned -8.37% 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, NVIDIA Corp has a price-earnings ratio of 47.93, a price-book ratio of 17.01, a price-earnings-to-growth (PEG) ratio of 1.49, a EV-to-Ebitda ratio of 38.77 and a price-sales ratio of 15.36.
The price-to-GF Value ratio is 0.67, earning the stock a GF Value rank of 8.
Danaher Corp
The guru sold out of their 93,403-share investment in NYSE:DHRpA.PFD. Previously, the stock had a 1.44% weight in the equity portfolio. Shares traded for an average price of $1935.82 during the quarter.
On 07/29/2022, Danaher Corp traded for a price of $1841.01 per share and a market cap of $0.00Mil. The stock has returned 17.00% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Danaher Corp has a price-earnings ratio of 34.04, a price-book ratio of 4.68, a price-earnings-to-growth (PEG) ratio of 1.80, a EV-to-Ebitda ratio of 21.88 and a price-sales ratio of 6.89.
The price-to-GF Value ratio is 0.00, 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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