Stadion Money Management, 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.
Stadion Money Management, LLC is an investment management firm based out of Watkinsville, Georgia. The company was originally established in 1993 with the purpose of “helping investors to protect and grow their money that absolutely must be there for the important long-term goals like retirement, education, and future family legacy.” Stadion Money Management was formerly known as PMFM Inc. and currently operates as a subsidiary of TA Associates, Inc. The company conducts its research internally and externally and invests its assets in the public equity and fixed income markets on a global scale. Stadion Money Management invests most heavily in the finance sector, which makes up almost the entirety of its allocations at over 90%. The company also invests in a variety of other sectors to a lesser degree, including real estate, energy, industrials, utilities and telecommunications, information technology, materials, consumer discretionary, and others. Stadion Money Management holds its allocations an average of 5.65 quarters and has, in the most recent quarter, had a turnover rate of approximately 29.7%. The company operates with 83 employees of which 41 are investment professionals. Stadion Money Management manages over $5.1 billion in total assets under management spread across over 121 thousand accounts, all of which are discretionary except for one account that makes up $170 million of its managed assets. The company’s total number of accounts has been growing in recent years, increasing from 47,000 accounts five years ago, and its total assets under management, although having some volatility, has grown from $1.1 billion back in 2010 to well over four times that amount today. Stadion Money Management mainly caters to individuals, which alone makes up three quarters of its total clientele, and also provides to a variety of other clients. The company currently offers a variety of mutual funds including its Tactical Defensive Fund, Alternative Income Fund, and Managed Risk 100 Fund, among others.
As of the latest 13F report, the guru’s equity portfolio contained 25 stocks valued at a total of $1.24Bil. The top holdings were SPLG(27.75%), SPAB(14.90%), and SPDW(13.91%).
According to GuruFocus data, these were Stadion Money Management, LLC’s top five trades of the quarter.
S&P 500 ETF TRUST ETF
The guru sold out of their 371,966-share investment in ARCA:SPY. Previously, the stock had a 9.55% weight in the equity portfolio. Shares traded for an average price of $408.8 during the quarter.
On 08/15/2022, S&P 500 ETF TRUST ETF traded for a price of $428.975 per share and a market cap of $394.67Bil. The stock has returned -2.42% over the past year.
GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 20.30, a price-book ratio of 3.87, a price-earnings-to-growth (PEG) ratio of 2.45, a EV-to-Ebitda ratio of 15.25 and a price-sales ratio of 3.02.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
PowerShares QQQ Trust Ser 1
The guru sold out of their 320,643-share investment in NAS:QQQ. Previously, the stock had a 6.61% weight in the equity portfolio. Shares traded for an average price of $310.63 during the quarter.
On 08/15/2022, PowerShares QQQ Trust Ser 1 traded for a price of $333.2106 per share and a market cap of $184.30Bil. The stock has returned -9.10% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, PowerShares QQQ Trust Ser 1 has a price-earnings ratio of 25.22 and a price-book ratio of 6.65.
Technology Select Sector SPDR ETF
The guru sold out of their 190,253-share investment in ARCA:XLK. Previously, the stock had a 1.72% weight in the equity portfolio. Shares traded for an average price of $139.3 during the quarter.
On 08/15/2022, Technology Select Sector SPDR ETF traded for a price of $151.585 per share and a market cap of $46.52Bil. The stock has returned -1.37% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Technology Select Sector SPDR ETF has a price-earnings ratio of 26.19 and a price-book ratio of 8.35.
Consumer Discretionary Select Sector SPDR
The guru sold out of their 109,773-share investment in ARCA:XLY. Previously, the stock had a 1.15% weight in the equity portfolio. Shares traded for an average price of $157.69 during the quarter.
On 08/15/2022, Consumer Discretionary Select Sector SPDR traded for a price of $171.37 per share and a market cap of $17.40Bil. The stock has returned -4.89% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Consumer Discretionary Select Sector SPDR has a price-earnings ratio of 25.54 and a price-book ratio of 6.45.
SPDR Portfolio Aggregate Bond ETF
Stadion Money Management, LLC reduced their investment in ARCA:SPAB by 215,484 shares. The trade had a 0.34% impact on the equity portfolio. During the quarter, the stock traded for an average price of $26.5.
On 08/15/2022, SPDR Portfolio Aggregate Bond ETF traded for a price of $26.7775 per share and a market cap of $6.37Bil. The stock has returned -9.12% 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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