Western Asset 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.
385 E. Colorado Blvd. Pasadena, CA 91101
As of the latest 13F report, the guru’s equity portfolio contained 11 stocks valued at a total of $87.00Mil. The top holdings were EMLC(56.11%), QQQ(8.92%), and BRY(8.74%).
According to GuruFocus data, these were Western Asset Management Company, LLC’s top five trades of the quarter.
iShares Core U.S. Aggregate Bond ETF
During the quarter, Western Asset Management Company, LLC bought 55,252 shares of ARCA:AGG for a total holding of 62,827. The trade had a 6.16% impact on the equity portfolio. During the quarter, the stock traded for an average price of $96.08.
On 02/10/2023, iShares Core U.S. Aggregate Bond ETF traded for a price of $98.42 per share and a market cap of $85.20Bil. The stock has returned -7.86% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
SPDR Bloomberg Short Term High Yield Bond ETF
The guru sold out of their 48,997-share investment in ARCA:SJNK. Previously, the stock had a 1.39% weight in the equity portfolio. Shares traded for an average price of $23.91 during the quarter.
On 02/10/2023, SPDR Bloomberg Short Term High Yield Bond ETF traded for a price of $24.7 per share and a market cap of $3.95Bil. The stock has returned -0.96% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, SPDR Bloomberg Short Term High Yield Bond ETF has a price-earnings ratio of 15.03 and a price-book ratio of 1.90.
Option Care Health Inc
The guru sold out of their 34,396-share investment in NAS:OPCH. Previously, the stock had a 1.29% weight in the equity portfolio. Shares traded for an average price of $31.04 during the quarter.
On 02/10/2023, Option Care Health Inc traded for a price of $29.07 per share and a market cap of $5.29Bil. The stock has returned 18.56% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Option Care Health Inc has a price-earnings ratio of 29.66, a price-book ratio of 3.96, a EV-to-Ebitda ratio of 19.98 and a price-sales ratio of 1.36.
The price-to-GF Value ratio is 1.14, earning the stock a GF Value rank of 3.
Chord Energy Corp
Western Asset Management Company, LLC reduced their investment in NAS:CHRD by 6,804 shares. The trade had a 1.11% impact on the equity portfolio. During the quarter, the stock traded for an average price of $146.6.
On 02/10/2023, Chord Energy Corp traded for a price of $141.18 per share and a market cap of $5.87Bil. The stock has returned 10.74% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Chord Energy Corp has a price-earnings ratio of 2.31, a price-book ratio of 1.31, a EV-to-Ebitda ratio of 3.61 and a price-sales ratio of 1.10.
SPDR Bloomberg High Yield Bond ETF
The guru sold out of their 10,000-share investment in ARCA:JNK. Previously, the stock had a 1.05% weight in the equity portfolio. Shares traded for an average price of $88.92 during the quarter.
On 02/10/2023, SPDR Bloomberg High Yield Bond ETF traded for a price of $91.73999999999999 per share and a market cap of $9.53Bil. The stock has returned -6.04% 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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