JAMES INVESTMENT RESEARCH INC Cuts Portfolio Down to Size in 2nd Quarter

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Aug 01, 2022
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JAMES INVESTMENT RESEARCH INC 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.

James Investment Research Inc. is an investment management firm based out of Xenia, Ohio. The company was established in 1972 by founder Francis E. James, who is still with the company today acting as its Chairman and portfolio manager. The firm has grown from its inception to now have 19 employees of which 9 are investment professionals. James Investment Research conducts its research internally and utilizes fundamental and technical methodologies to make its investment decisions. The company uses both bottom up and top down investment approaches, allocating its assets in the public equity and fixed income markets in the U.S. James Investment Research invests most heavily in the finance sector, which alone makes up almost a quarter of its total asset allocations, and also invests in the consumer discretionary, health care, information technology, utilities and telecommunications, industrials, transports, energy, and consumer staples sectors, among others to a lesser degree, in order of decreasing allocation. The company currently holds over $5.6 billion in total assets under management spread across 367 accounts, all of which are discretionary accounts except for 14 that make up just over $900 million of its managed assets. Both of James Investment Research’s total number of accounts and total assets under management have been growing in recent years with its total assets under management experiencing significantly growth, increasing from $2 billion back in 2010 to approaching three times that amount. The company mainly caters to high net worth individuals, which alone makes up over a third of its client base, and also provides services to individuals, state or municipal government entities, corporations, investment companies, pension and profit sharing plans, banks, and investment advisors, among others, in order of decreasing clientele. James Investment Research offers its Balanced: Golden Rainbow, Macro Cap, Small Cap, Mid Cap, Long/Short, and Aggressive allocation mutual funds.

As of the latest 13F report, the guru’s equity portfolio contained 514 stocks valued at a total of $743.00Mil. The top holdings were AAPL(3.63%), MSFT(3.53%), and GOOGL(2.99%).

According to GuruFocus data, these were JAMES INVESTMENT RESEARCH INC’s top five trades of the quarter.

Meta Platforms Inc


JAMES INVESTMENT RESEARCH INC reduced their investment in NAS:META by 24,661 shares. The trade had a 0.76% impact on the equity portfolio. During the quarter, the stock traded for an average price of $250.52.

On 08/01/2022, Meta Platforms Inc traded for a price of $159.93 per share and a market cap of $429.82Bil. The stock has returned -55.11% 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, Meta Platforms Inc has a price-earnings ratio of 13.25, a price-book ratio of 3.42, a price-earnings-to-growth (PEG) ratio of 0.50, a EV-to-Ebitda ratio of 8.44 and a price-sales ratio of 3.74.

The price-to-GF Value ratio is 0.41, earning the stock a GF Value rank of 4.

iShares Russell 2000 ETF


JAMES INVESTMENT RESEARCH INC reduced their investment in ARCA:IWM by 26,113 shares. The trade had a 0.53% impact on the equity portfolio. During the quarter, the stock traded for an average price of $203.63.

On 08/01/2022, iShares Russell 2000 ETF traded for a price of $187.18 per share and a market cap of $53.53Bil. The stock has returned -14.42% over the past year.

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

In terms of valuation, iShares Russell 2000 ETF has a price-earnings ratio of 11.79 and a price-book ratio of 1.77.

Microsoft Corp


JAMES INVESTMENT RESEARCH INC reduced their investment in NAS:MSFT by 11,688 shares. The trade had a 0.36% impact on the equity portfolio. During the quarter, the stock traded for an average price of $300.8.

On 08/01/2022, Microsoft Corp traded for a price of $278.01 per share and a market cap of $2,073.37Bil. The stock has returned -1.57% 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 28.83, a price-book ratio of 12.44, a price-earnings-to-growth (PEG) ratio of 1.43, a EV-to-Ebitda ratio of 20.34 and a price-sales ratio of 10.58.

The price-to-GF Value ratio is 0.91, earning the stock a GF Value rank of 7.

Deckers Outdoor Corp


JAMES INVESTMENT RESEARCH INC reduced their investment in NYSE:DECK by 9,705 shares. The trade had a 0.33% impact on the equity portfolio. During the quarter, the stock traded for an average price of $298.07.

On 08/01/2022, Deckers Outdoor Corp traded for a price of $314.01 per share and a market cap of $8.33Bil. The stock has returned -23.57% over the past year.

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

In terms of valuation, Deckers Outdoor Corp has a price-earnings ratio of 19.27, a price-book ratio of 5.50, a price-earnings-to-growth (PEG) ratio of 0.35, a EV-to-Ebitda ratio of 12.84 and a price-sales ratio of 2.77.

The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 6.

iShares J.P. Morgan USD Emerging Markets Bond ETF


The guru sold out of their 29,912-share investment in NAS:EMB. Previously, the stock had a 0.3% weight in the equity portfolio. Shares traded for an average price of $100.57 during the quarter.

On 08/01/2022, iShares J.P. Morgan USD Emerging Markets Bond ETF traded for a price of $88.07 per share and a market cap of $15.40Bil. The stock has returned -18.50% 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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