ARGA Investment Management, LP 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.
1010 Washington Blvd, 6th Fl Stamford, CT 06901
As of the latest 13F report, the guru’s equity portfolio contained 121 stocks valued at a total of $2.34Bil. The top holdings were BIDU(16.67%), MLCO(14.04%), and PBR(8.16%).
According to GuruFocus data, these were ARGA Investment Management, LP’s top five trades of the quarter.
Taiwan Semiconductor Manufacturing Co Ltd
The guru established a new position worth 2,040,731 shares in NYSE:TSM, giving the stock a 6.5% weight in the equity portfolio. Shares traded for an average price of $72.34 during the quarter.
On 02/08/2023, Taiwan Semiconductor Manufacturing Co Ltd traded for a price of $95.09 per share and a market cap of $493.14Bil. The stock has returned -21.68% over the past year.
GuruFocus gives the company a financial strength rating of 10 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Taiwan Semiconductor Manufacturing Co Ltd has a price-earnings ratio of 14.60, a price-book ratio of 4.61, a price-earnings-to-growth (PEG) ratio of 2.12, a EV-to-Ebitda ratio of 11.83 and a price-sales ratio of 6.04.
The price-to-GF Value ratio is 0.70, earning the stock a GF Value rank of 8.
Trip.com Group Ltd
ARGA Investment Management, LP reduced their investment in NAS:TCOM by 1,784,236 shares. The trade had a 2.64% impact on the equity portfolio. During the quarter, the stock traded for an average price of $28.73.
On 02/08/2023, Trip.com Group Ltd traded for a price of $37.66 per share and a market cap of $24.17Bil. The stock has returned 32.57% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Trip.com Group Ltd has a price-book ratio of 1.57, a EV-to-Ebitda ratio of 224.37 and a price-sales ratio of 8.38.
TechnipFMC PLC
ARGA Investment Management, LP reduced their investment in NYSE:FTI by 5,293,962 shares. The trade had a 2.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $11.19.
On 02/08/2023, TechnipFMC PLC traded for a price of $13.75 per share and a market cap of $6.19Bil. The stock has returned 108.87% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, TechnipFMC PLC has a price-book ratio of 1.95, a EV-to-Ebitda ratio of 14.92 and a price-sales ratio of 0.95.
The price-to-GF Value ratio is 1.75, earning the stock a GF Value rank of 1.
Alibaba Group Holding Ltd
During the quarter, ARGA Investment Management, LP bought 517,230 shares of NYSE:BABA for a total holding of 1,740,690. The trade had a 1.95% impact on the equity portfolio. During the quarter, the stock traded for an average price of $78.84999999999999.
On 02/08/2023, Alibaba Group Holding Ltd traded for a price of $105.74 per share and a market cap of $279.95Bil. The stock has returned -12.85% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Alibaba Group Holding Ltd has a price-earnings ratio of 274.65, a price-book ratio of 2.07, a price-earnings-to-growth (PEG) ratio of 20.19, a EV-to-Ebitda ratio of 16.00 and a price-sales ratio of 2.21.
The price-to-GF Value ratio is 0.36, earning the stock a GF Value rank of 4.
Capri Holdings Ltd
ARGA Investment Management, LP reduced their investment in NYSE:CPRI by 844,652 shares. The trade had a 1.76% impact on the equity portfolio. During the quarter, the stock traded for an average price of $50.52.
On 02/08/2023, Capri Holdings Ltd traded for a price of $47.98 per share and a market cap of $4.52Bil. The stock has returned -30.05% 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, Capri Holdings Ltd has a price-earnings ratio of 8.45, a price-book ratio of 2.93, a EV-to-Ebitda ratio of 9.73 and a price-sales ratio of 1.13.
The price-to-GF Value ratio is 0.87, earning the stock a GF Value rank of 3.
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.
