Exchange Capital Management, Inc. Buys 4, Sells 1 in 3rd Quarter

Exchange Capital Management, Inc. recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.

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.

303 Detroit Street Ann Arbor, MI 48104

As of the latest 13F report, the guru’s equity portfolio contained 161 stocks valued at a total of $431.00Mil. The top holdings were MSFT(3.99%), GOOGL(2.75%), and HEFA(2.65%).

According to GuruFocus data, these were Exchange Capital Management, Inc.’s top five trades of the quarter.

Bristol-Myers Squibb Co


Exchange Capital Management, Inc. reduced their investment in NYSE:BMY by 25,461 shares. The trade had a 0.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $72.54.

On 10/31/2022, Bristol-Myers Squibb Co traded for a price of $77.47 per share and a market cap of $164.71Bil. The stock has returned 36.35% 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, Bristol-Myers Squibb Co has a price-earnings ratio of 25.23, a price-book ratio of 5.06, a price-earnings-to-growth (PEG) ratio of 3.15, a EV-to-Ebitda ratio of 10.07 and a price-sales ratio of 3.60.

The price-to-GF Value ratio is 1.03, earning the stock a GF Value rank of 5.

ASML Holding NV


The guru established a new position worth 1,486 shares in NAS:ASML, giving the stock a 0.14% weight in the equity portfolio. Shares traded for an average price of $501.02 during the quarter.

On 10/31/2022, ASML Holding NV traded for a price of $472.42 per share and a market cap of $187.65Bil. The stock has returned -40.97% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, ASML Holding NV has a price-earnings ratio of 31.83, a price-book ratio of 23.16, a price-earnings-to-growth (PEG) ratio of 1.21, a EV-to-Ebitda ratio of 25.77 and a price-sales ratio of 9.42.

The price-to-GF Value ratio is 0.85, earning the stock a GF Value rank of 7.

Vanguard Information Technology ETF


During the quarter, Exchange Capital Management, Inc. bought 1,750 shares of ARCA:VGT for a total holding of 32,018. The trade had a 0.12% impact on the equity portfolio. During the quarter, the stock traded for an average price of $350.99.

On 10/31/2022, Vanguard Information Technology ETF traded for a price of $330.2 per share and a market cap of $40.10Bil. The stock has returned -23.36% over the past year.

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

In terms of valuation, Vanguard Information Technology ETF has a price-earnings ratio of 9999.00.

Alphabet Inc


During the quarter, Exchange Capital Management, Inc. bought 4,386 shares of NAS:GOOGL for a total holding of 123,766. The trade had a 0.1% impact on the equity portfolio. During the quarter, the stock traded for an average price of $110.89.

On 10/31/2022, Alphabet Inc traded for a price of $94.51 per share and a market cap of $1,224.98Bil. The stock has returned -36.16% over the past year.

GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Alphabet Inc has a price-earnings ratio of 18.77, a price-book ratio of 4.83, a price-earnings-to-growth (PEG) ratio of 0.70, a EV-to-Ebitda ratio of 12.33 and a price-sales ratio of 4.46.

The price-to-GF Value ratio is 0.67, earning the stock a GF Value rank of 10.

SPDR Portfolio S&P 1500 Composite Stock Market ETF


During the quarter, Exchange Capital Management, Inc. bought 9,271 shares of ARCA:SPTM for a total holding of 60,819. The trade had a 0.09% impact on the equity portfolio. During the quarter, the stock traded for an average price of $48.78.

On 10/31/2022, SPDR Portfolio S&P 1500 Composite Stock Market ETF traded for a price of $47.73 per share and a market cap of $5.60Bil. The stock has returned -14.31% over the past year.

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

In terms of valuation, SPDR Portfolio S&P 1500 Composite Stock Market ETF has a price-earnings ratio of 9999.00.


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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