Trellus Management Company, 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.
350 Madison Avenue - 9th Fl New York, NY 10017
As of the latest 13F report, the guru’s equity portfolio contained 56 stocks valued at a total of $79.00Mil. The top holdings were
According to GuruFocus data, these were Trellus Management Company, LLC’s top five trades of the quarter.
Eiger BioPharmaceuticals Inc
The guru sold out of their 300,000-share investment in NAS:EIGR. Previously, the stock had a 2.74% weight in the equity portfolio. Shares traded for an average price of $4 during the quarter.
On 01/28/2023, Eiger BioPharmaceuticals Inc traded for a price of $1.42 per share and a market cap of $61.92Mil. The stock has returned -63.28% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 1 out of 10.
In terms of valuation, Eiger BioPharmaceuticals Inc has a price-book ratio of 0.80, a EV-to-Ebitda ratio of 0.23 and a price-sales ratio of 3.93.
Direxion Daily S&P 500 Bull 3X Shares
The guru established a new position worth 27,900 shares in ARCA:SPXL, giving the stock a 2.19% weight in the equity portfolio. Shares traded for an average price of $64.41 during the quarter.
On 01/28/2023, Direxion Daily S&P 500 Bull 3X Shares traded for a price of $73.18000000000001 per share and a market cap of $2.75Bil. The stock has returned -31.03% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Direxion Daily S&P 500 Bull 3X Shares has a price-earnings ratio of 20.24 and a price-book ratio of 3.80.
iShares 20 Year Treasury Bond ETF
Trellus Management Company, LLC reduced their investment in NAS:TLT by 17,000 shares. The trade had a 2.12% impact on the equity portfolio. During the quarter, the stock traded for an average price of $100.32.
On 01/28/2023, iShares 20+ Year Treasury Bond ETF traded for a price of $106.71 per share and a market cap of $31.34Bil. The stock has returned -23.67% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Vanguard Long-Term Government Bond ETF
The guru established a new position worth 26,300 shares in NAS:VGLT, giving the stock a 2.05% weight in the equity portfolio. Shares traded for an average price of $61.86 during the quarter.
On 01/28/2023, Vanguard Long-Term Government Bond ETF traded for a price of $65.75 per share and a market cap of $4.37Bil. The stock has returned -22.04% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Agenus Inc
The guru sold out of their 600,000-share investment in NAS:AGEN. Previously, the stock had a 1.49% weight in the equity portfolio. Shares traded for an average price of $2.59 during the quarter.
On 01/28/2023, Agenus Inc traded for a price of $2.63 per share and a market cap of $814.99Mil. The stock has returned 5.42% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Agenus Inc has a EV-to-Ebitda ratio of -3.79 and a price-sales ratio of 8.01.
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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