First Pacific Advisors 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.
First Pacific Advisors (Trades, Portfolio) is a Los Angeles-based investment management firm with an emphasis on value investing. It manages the FPA Capital Fund (Trades, Portfolio), the FPA Crescent Fund, the FPA New Income Fund, the FPA Paramount Fund, the FPA Perennial Fund and Source Capital, Inc. J. Richard Atwood serves as the firm’s Chief Financial Officer.
As of the latest 13F report, the guru’s equity portfolio contained 185 stocks valued at a total of $6.69Bil. The top holdings were CMCSA(6.61%), GOOGL(6.05%), and ADI(5.28%).
According to GuruFocus data, these were First Pacific Advisors (Trades, Portfolio)’s top five trades of the quarter.
CarMax Inc
The guru established a new position worth 1,441,894 shares in NYSE:KMX, giving the stock a 1.95% weight in the equity portfolio. Shares traded for an average price of $94.08 during the quarter.
On 08/08/2022, CarMax Inc traded for a price of $99.77 per share and a market cap of $15.88Bil. The stock has returned -25.56% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, CarMax Inc has a price-earnings ratio of 16.95, a price-book ratio of 2.93, a price-earnings-to-growth (PEG) ratio of 1.24, a EV-to-Ebitda ratio of 18.73 and a price-sales ratio of 0.50.
The price-to-GF Value ratio is 0.58, earning the stock a GF Value rank of 4.
Ferguson PLC
The guru established a new position worth 752,795 shares in NYSE:FERG, giving the stock a 1.25% weight in the equity portfolio. Shares traded for an average price of $121.31 during the quarter.
On 08/08/2022, Ferguson PLC traded for a price of $123.79 per share and a market cap of $26.13Bil. The stock has returned -10.68% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Ferguson PLC has a price-earnings ratio of 13.32, a price-book ratio of 5.95, a price-earnings-to-growth (PEG) ratio of 1.05, a EV-to-Ebitda ratio of 8.95 and a price-sales ratio of 1.01.
The price-to-GF Value ratio is 1.09, earning the stock a GF Value rank of 5.
Amazon.com Inc
During the quarter, First Pacific Advisors (Trades, Portfolio) bought 599,460 shares of NAS:AMZN for a total holding of 2,282,100. The trade had a 0.95% impact on the equity portfolio. During the quarter, the stock traded for an average price of $125.73.
On 08/08/2022, Amazon.com Inc traded for a price of $139.41 per share and a market cap of $1,420.25Bil. The stock has returned -16.64% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Amazon.com Inc has a price-earnings ratio of 124.92, a price-book ratio of 10.80, a price-earnings-to-growth (PEG) ratio of 2.98, a EV-to-Ebitda ratio of 29.27 and a price-sales ratio of 2.94.
The price-to-GF Value ratio is 0.74, earning the stock a GF Value rank of 10.
American International Group Inc
First Pacific Advisors (Trades, Portfolio) reduced their investment in NYSE:AIG by 742,801 shares. The trade had a 0.6% impact on the equity portfolio. During the quarter, the stock traded for an average price of $58.16.
On 08/08/2022, American International Group Inc traded for a price of $52.27 per share and a market cap of $41.41Bil. The stock has returned 5.10% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, American International Group Inc has a price-earnings ratio of 4.53, a price-book ratio of 0.75, a EV-to-Ebitda ratio of 3.60 and a price-sales ratio of 0.84.
The price-to-GF Value ratio is 0.93, earning the stock a GF Value rank of 7.
FirstEnergy Corp
First Pacific Advisors (Trades, Portfolio) reduced their investment in NYSE:FE by 789,437 shares. The trade had a 0.47% impact on the equity portfolio. During the quarter, the stock traded for an average price of $42.74.
On 08/08/2022, FirstEnergy Corp traded for a price of $38.27 per share and a market cap of $21.87Bil. The stock has returned 5.29% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, FirstEnergy Corp has a price-earnings ratio of 15.56, a price-book ratio of 2.01, a EV-to-Ebitda ratio of 10.26 and a price-sales ratio of 1.84.
The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 6.
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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