Empirical Finance, LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
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.
213 FOXCROFT ROAD BROOMALL, PA 19008
As of the latest 13F report, the guru’s equity portfolio contained 493 stocks valued at a total of $965.00Mil. The top holdings were AAPL(5.58%), MSFT(4.76%), and QVAL(3.06%).
According to GuruFocus data, these were Empirical Finance, LLC’s top five trades of the quarter.
iShares Short Treasury Bond ETF
During the quarter, Empirical Finance, LLC bought 57,996 shares of NAS:SHV for a total holding of 117,013. The trade had a 0.66% impact on the equity portfolio. During the quarter, the stock traded for an average price of $109.38.
On 01/25/2023, iShares Short Treasury Bond ETF traded for a price of $110.18 per share and a market cap of $19.61Bil. The stock has returned 1.24% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Vanguard Short-Term Inflation-Protected Securities
The guru sold out of their 113,407-share investment in NAS:VTIP. Previously, the stock had a 0.65% weight in the equity portfolio. Shares traded for an average price of $46.63 during the quarter.
On 01/25/2023, Vanguard Short-Term Inflation-Protected Securities traded for a price of $47.1 per share and a market cap of $15.93Bil. The stock has returned -1.57% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Microsoft Corp
During the quarter, Empirical Finance, LLC bought 15,654 shares of NAS:MSFT for a total holding of 191,456. The trade had a 0.39% impact on the equity portfolio. During the quarter, the stock traded for an average price of $239.99.
On 01/25/2023, Microsoft Corp traded for a price of $242.04 per share and a market cap of $1,804.28Bil. The stock has returned -17.55% 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 26.08, a price-book ratio of 10.40, a price-earnings-to-growth (PEG) ratio of 1.27, a EV-to-Ebitda ratio of 17.47 and a price-sales ratio of 8.94.
The price-to-GF Value ratio is 0.77, earning the stock a GF Value rank of 10.
Apple Inc
During the quarter, Empirical Finance, LLC bought 28,507 shares of NAS:AAPL for a total holding of 414,056. The trade had a 0.38% impact on the equity portfolio. During the quarter, the stock traded for an average price of $142.91.
On 01/25/2023, Apple Inc traded for a price of $142.53 per share and a market cap of $2,257.14Bil. The stock has returned -11.25% 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 23.33, a price-book ratio of 44.82, a price-earnings-to-growth (PEG) ratio of 1.34, a EV-to-Ebitda ratio of 17.32 and a price-sales ratio of 5.92.
The price-to-GF Value ratio is 0.82, earning the stock a GF Value rank of 9.
Alpha Architect High Inflation and Deflation ETF
The guru established a new position worth 146,138 shares in BATS:HIDE, giving the stock a 0.35% weight in the equity portfolio. Shares traded for an average price of $24.73 during the quarter.
On 01/25/2023, Alpha Architect High Inflation and Deflation ETF traded for a price of $23.41 per share and a market cap of $8.90Mil. The stock has returned 0.00% 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.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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