MAD RIVER INVESTORS 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.
84 STATE STREET BOSTON, MA 02109
As of the latest 13F report, the guru’s equity portfolio contained 27 stocks valued at a total of $128.00Mil. The top holdings were TPL(53.88%), CVEO(6.92%), and CACI(5.19%).
According to GuruFocus data, these were MAD RIVER INVESTORS’s top five trades of the quarter.
Permian Basin Royalty Trust
During the quarter, MAD RIVER INVESTORS bought 143,900 shares of NYSE:PBT for a total holding of 326,400. The trade had a 1.86% impact on the equity portfolio. During the quarter, the stock traded for an average price of $15.46.
On 08/08/2022, Permian Basin Royalty Trust traded for a price of $18.3399 per share and a market cap of $854.80Mil. The stock has returned 259.14% over the past year.
GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Permian Basin Royalty Trust has a price-earnings ratio of 67.92, a price-book ratio of 2619.98, a EV-to-Ebitda ratio of 67.58 and a price-sales ratio of 61.95.
The price-to-GF Value ratio is 6.51, earning the stock a GF Value rank of 1.
eBay Inc
MAD RIVER INVESTORS reduced their investment in NAS:EBAY by 17,975 shares. The trade had a 0.8% impact on the equity portfolio. During the quarter, the stock traded for an average price of $48.88.
On 08/08/2022, eBay Inc traded for a price of $47.37 per share and a market cap of $26.13Bil. The stock has returned -26.14% 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, eBay Inc has a price-earnings ratio of 113.25, a price-book ratio of 5.08, a EV-to-Ebitda ratio of -11.44 and a price-sales ratio of 2.88.
The price-to-GF Value ratio is 0.63, earning the stock a GF Value rank of 8.
The Howard Hughes Corp
MAD RIVER INVESTORS reduced their investment in NYSE:HHC by 5,226 shares. The trade had a 0.42% impact on the equity portfolio. During the quarter, the stock traded for an average price of $86.36.
On 08/08/2022, The Howard Hughes Corp traded for a price of $71.55 per share and a market cap of $3.56Bil. The stock has returned -23.91% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, The Howard Hughes Corp has a price-earnings ratio of 31.14, a price-book ratio of 1.04, a EV-to-Ebitda ratio of 16.19 and a price-sales ratio of 2.61.
The price-to-GF Value ratio is 0.75, earning the stock a GF Value rank of 10.
Liberty Broadband Corp
The guru sold out of their 2,177-share investment in NAS:LBRDK. Previously, the stock had a 0.23% weight in the equity portfolio. Shares traded for an average price of $122.08 during the quarter.
On 08/08/2022, Liberty Broadband Corp traded for a price of $117.755 per share and a market cap of $18.92Bil. The stock has returned -35.43% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Liberty Broadband Corp has a price-earnings ratio of 21.50, a price-book ratio of 2.03, a EV-to-Ebitda ratio of 14.14 and a price-sales ratio of 21.52.
The price-to-GF Value ratio is 0.02, earning the stock a GF Value rank of 2.
Liberty Formula One Group
The guru sold out of their 3,227-share investment in NAS:FWONA. Previously, the stock had a 0.16% weight in the equity portfolio. Shares traded for an average price of $58 during the quarter.
On 08/08/2022, Liberty Formula One Group traded for a price of $58.32 per share and a market cap of $14.73Bil. The stock has returned 40.25% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Liberty Formula One Group has a price-book ratio of 2.16, a EV-to-Ebitda ratio of 50.01 and a price-sales ratio of 6.02.
The price-to-GF Value ratio is 0.89, 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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