MARINER INVESTMENT GROUP 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.
500 MAMARONECK AVENUE, 4TH FLOOR HARRISON, NY 10528
As of the latest 13F report, the guru’s equity portfolio contained 190 stocks valued at a total of $73.00Mil. The top holdings were HTZ(15.52%), NUV(2.97%), and SEVN(2.71%).
According to GuruFocus data, these were MARINER INVESTMENT GROUP LLC’s top five trades of the quarter.
Hertz Global Holdings Inc
MARINER INVESTMENT GROUP LLC reduced their investment in NAS:HTZ by 328,300 shares. The trade had a 9.69% impact on the equity portfolio. During the quarter, the stock traded for an average price of $19.77.
On 08/10/2022, Hertz Global Holdings Inc traded for a price of $21.9 per share and a market cap of $7.89Bil. The stock has returned 30.12% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Hertz Global Holdings Inc has a price-earnings ratio of 9999.00, a price-book ratio of 1.63, a EV-to-Ebitda ratio of 5.04 and a price-sales ratio of 0.54.
The price-to-GF Value ratio is 3.90, earning the stock a GF Value rank of 1.
Blackrock Munivest Fund Inc
During the quarter, MARINER INVESTMENT GROUP LLC bought 161,893 shares of AMEX:MVF for a total holding of 205,308. The trade had a 1.65% impact on the equity portfolio. During the quarter, the stock traded for an average price of $7.56.
On 08/10/2022, Blackrock Munivest Fund Inc traded for a price of $7.82 per share and a market cap of $507.02Mil. The stock has returned -15.87% 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, Blackrock Munivest Fund Inc has a price-earnings ratio of 155.14, a price-book ratio of 0.83 and a price-sales ratio of 152.10.
The price-to-GF Value ratio is 0.15, earning the stock a GF Value rank of 2.
Avaya Holdings Corp
The guru established a new position worth 500,000 shares in NYSE:AVYA, giving the stock a 1.53% weight in the equity portfolio. Shares traded for an average price of $7.23 during the quarter.
On 08/10/2022, Avaya Holdings Corp traded for a price of $0.67 per share and a market cap of $57.51Mil. The stock has returned -96.85% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Avaya Holdings Corp has a price-book ratio of 0.13, a EV-to-Ebitda ratio of 4.83 and a price-sales ratio of 0.02.
The price-to-GF Value ratio is 0.04, earning the stock a GF Value rank of 2.
Blackrock Municipal Income Trust II
During the quarter, MARINER INVESTMENT GROUP LLC bought 87,998 shares of AMEX:BLE for a total holding of 116,126. The trade had a 1.33% impact on the equity portfolio. During the quarter, the stock traded for an average price of $11.37.
On 08/10/2022, Blackrock Municipal Income Trust II traded for a price of $11.88 per share and a market cap of $580.42Mil. The stock has returned -20.77% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Blackrock Municipal Income Trust II has a price-book ratio of 0.83.
The price-to-GF Value ratio is 0.29, earning the stock a GF Value rank of 2.
Nuveen Municipal Credit Income Fund
The guru established a new position worth 73,416 shares in NYSE:NZF, giving the stock a 1.26% weight in the equity portfolio. Shares traded for an average price of $13.05 during the quarter.
On 08/10/2022, Nuveen Municipal Credit Income Fund traded for a price of $13.77 per share and a market cap of $2.28Bil. The stock has returned -16.95% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Nuveen Municipal Credit Income Fund has a price-book ratio of 0.96.
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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