Trust Asset Management LLC 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.
1900 ST. JAMES PLACE HOUSTON, TX 77056
As of the latest 13F report, the guru’s equity portfolio contained 193 stocks valued at a total of $733.00Mil. The top holdings were SPY(55.02%), XLI(3.66%), and AAPL(3.29%).
According to GuruFocus data, these were Trust Asset Management LLC’s top five trades of the quarter.
S&P 500 ETF TRUST ETF
During the quarter, Trust Asset Management LLC bought 90,000 shares of ARCA:SPY for a total holding of 1,129,761. The trade had a 4.38% impact on the equity portfolio. During the quarter, the stock traded for an average price of $395.76.
On 11/15/2022, S&P 500 ETF TRUST ETF traded for a price of $395.12 per share and a market cap of $368.50Bil. The stock has returned -14.16% 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 19.34, a price-book ratio of 3.61, a price-earnings-to-growth (PEG) ratio of 2.32, a EV-to-Ebitda ratio of 14.48 and a price-sales ratio of 2.75.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
Consumer Staples Select Sector SPDR
During the quarter, Trust Asset Management LLC bought 27,571 shares of ARCA:XLP for a total holding of 347,155. The trade had a 0.25% impact on the equity portfolio. During the quarter, the stock traded for an average price of $72.87.
On 11/15/2022, Consumer Staples Select Sector SPDR traded for a price of $72.94 per share and a market cap of $16.37Bil. The stock has returned 2.70% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Consumer Staples Select Sector SPDR has a price-earnings ratio of 23.21 and a price-book ratio of 5.33.
Industrial Select Sector SPDR
During the quarter, Trust Asset Management LLC bought 20,919 shares of ARCA:XLI for a total holding of 323,852. The trade had a 0.24% impact on the equity portfolio. During the quarter, the stock traded for an average price of $91.69.
On 11/15/2022, Industrial Select Sector SPDR traded for a price of $98.92 per share and a market cap of $13.53Bil. The stock has returned -5.95% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Industrial Select Sector SPDR has a price-earnings ratio of 19.98 and a price-book ratio of 4.43.
Apple Inc
During the quarter, Trust Asset Management LLC bought 11,273 shares of NAS:AAPL for a total holding of 174,383. The trade had a 0.21% impact on the equity portfolio. During the quarter, the stock traded for an average price of $156.95.
On 11/15/2022, Apple Inc traded for a price of $148.28 per share and a market cap of $2,358.86Bil. The stock has returned -0.53% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Apple Inc has a price-earnings ratio of 24.27, a price-book ratio of 46.63, a price-earnings-to-growth (PEG) ratio of 1.39, a EV-to-Ebitda ratio of 18.43 and a price-sales ratio of 6.16.
The price-to-GF Value ratio is 0.86, earning the stock a GF Value rank of 7.
Microsoft Corp
During the quarter, Trust Asset Management LLC bought 5,799 shares of NAS:MSFT for a total holding of 84,553. The trade had a 0.18% impact on the equity portfolio. During the quarter, the stock traded for an average price of $264.05.
On 11/15/2022, Microsoft Corp traded for a price of $241.55 per share and a market cap of $1,800.63Bil. The stock has returned -27.53% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Microsoft Corp has a price-earnings ratio of 26.03, a price-book ratio of 10.38, a price-earnings-to-growth (PEG) ratio of 1.26, a EV-to-Ebitda ratio of 17.80 and a price-sales ratio of 8.95.
The price-to-GF Value ratio is 0.78, earning the stock a GF Value rank of 9.
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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