Oak Asset Management, 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.
2535 Townsgate Road Westlake Village, CA 91361
As of the latest 13F report, the guru’s equity portfolio contained 97 stocks valued at a total of $223.00Mil. The top holdings were AAPL(9.44%), AMGN(7.36%), and CVX(5.95%).
According to GuruFocus data, these were Oak Asset Management, LLC’s top five trades of the quarter.
Intercontinental Exchange Inc
During the quarter, Oak Asset Management, LLC bought 5,813 shares of NYSE:ICE for a total holding of 28,176. The trade had a 0.27% impact on the equity portfolio. During the quarter, the stock traded for an average price of $99.59.
On 02/08/2023, Intercontinental Exchange Inc traded for a price of $109.2 per share and a market cap of $61.03Bil. The stock has returned -13.23% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Intercontinental Exchange Inc has a price-earnings ratio of 42.49, a price-book ratio of 2.69, a price-earnings-to-growth (PEG) ratio of 4.62, a EV-to-Ebitda ratio of 22.49 and a price-sales ratio of 6.37.
The price-to-GF Value ratio is 0.85, earning the stock a GF Value rank of 9.
Gilead Sciences Inc
The guru sold out of their 8,303-share investment in NAS:GILD. Previously, the stock had a 0.25% weight in the equity portfolio. Shares traded for an average price of $79.19 during the quarter.
On 02/08/2023, Gilead Sciences Inc traded for a price of $85.955 per share and a market cap of $107.19Bil. The stock has returned 39.42% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Gilead Sciences Inc has a price-earnings ratio of 23.55, a price-book ratio of 5.08, a EV-to-Ebitda ratio of 15.25 and a price-sales ratio of 3.98.
The price-to-GF Value ratio is 1.18, earning the stock a GF Value rank of 3.
Microsoft Corp
During the quarter, Oak Asset Management, LLC bought 2,135 shares of NAS:MSFT for a total holding of 9,717. The trade had a 0.23% impact on the equity portfolio. During the quarter, the stock traded for an average price of $239.99.
On 02/08/2023, Microsoft Corp traded for a price of $272.57 per share and a market cap of $2,028.96Bil. The stock has returned -10.14% 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 30.29, a price-book ratio of 11.08, a price-earnings-to-growth (PEG) ratio of 1.47, a EV-to-Ebitda ratio of 19.74 and a price-sales ratio of 10.01.
The price-to-GF Value ratio is 0.87, earning the stock a GF Value rank of 9.
Intel Corp
Oak Asset Management, LLC reduced their investment in NAS:INTC by 16,993 shares. The trade had a 0.21% impact on the equity portfolio. During the quarter, the stock traded for an average price of $27.77.
On 02/08/2023, Intel Corp traded for a price of $28.66 per share and a market cap of $118.57Bil. The stock has returned -37.86% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Intel Corp has a price-earnings ratio of 14.62, a price-book ratio of 1.17, a EV-to-Ebitda ratio of 6.24 and a price-sales ratio of 1.87.
The price-to-GF Value ratio is 0.70, earning the stock a GF Value rank of 10.
iShares Floating Rate Bond ETF
The guru sold out of their 8,500-share investment in BATS:FLOT. Previously, the stock had a 0.21% weight in the equity portfolio. Shares traded for an average price of $49.64 during the quarter.
On 02/08/2023, iShares Floating Rate Bond ETF traded for a price of $50.544 per share and a market cap of $8.39Bil. The stock has returned 2.15% 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.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
