Strategic Income 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.
720 OLIVE WAY SEATTLE, WA 98101
As of the latest 13F report, the guru’s equity portfolio contained 6 stocks valued at a total of $82.00Mil. The top holdings were STNG(27.71%), EPD(19.25%), and PAA(16.89%).
According to GuruFocus data, these were Strategic Income Management, LLC’s top five trades of the quarter.
KNOT Offshore Partners LP
The guru sold out of their 189,653-share investment in NYSE:KNOP. Previously, the stock had a 45.69% weight in the equity portfolio. Shares traded for an average price of $12.9 during the quarter.
On 02/10/2023, KNOT Offshore Partners LP traded for a price of $6.15 per share and a market cap of $208.86Mil. The stock has returned -48.53% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, KNOT Offshore Partners LP has a price-earnings ratio of 2.74, a price-book ratio of 0.31, a price-earnings-to-growth (PEG) ratio of 9.13, a EV-to-Ebitda ratio of 5.65 and a price-sales ratio of 0.75.
The price-to-GF Value ratio is 0.40, earning the stock a GF Value rank of 4.
Annaly Capital Management Inc
The guru sold out of their 101,301-share investment in NYSE:NLY. Previously, the stock had a 41.24% weight in the equity portfolio. Shares traded for an average price of $19.68 during the quarter.
On 02/10/2023, Annaly Capital Management Inc traded for a price of $21.66 per share and a market cap of $10.14Bil. The stock has returned -16.26% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Annaly Capital Management Inc has a price-earnings ratio of 4.35, a price-book ratio of 1.09 and a price-sales ratio of 2.46.
Scorpio Tankers Inc
The guru established a new position worth 422,209 shares in NYSE:STNG, giving the stock a 27.71% weight in the equity portfolio. Shares traded for an average price of $49.94 during the quarter.
On 02/10/2023, Scorpio Tankers Inc traded for a price of $57.59 per share and a market cap of $3.44Bil. The stock has returned 282.69% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Scorpio Tankers Inc has a price-earnings ratio of 10.83, a price-book ratio of 1.53, a EV-to-Ebitda ratio of 7.93 and a price-sales ratio of 3.02.
The price-to-GF Value ratio is 1.72, earning the stock a GF Value rank of 1.
Enterprise Products Partners LP
The guru established a new position worth 654,233 shares in NYSE:EPD, giving the stock a 19.25% weight in the equity portfolio. Shares traded for an average price of $24.62 during the quarter.
On 02/10/2023, Enterprise Products Partners LP traded for a price of $26.37 per share and a market cap of $57.37Bil. The stock has returned 17.19% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Enterprise Products Partners LP has a price-earnings ratio of 10.55, a price-book ratio of 2.18, a price-earnings-to-growth (PEG) ratio of 1.35, a EV-to-Ebitda ratio of 10.16 and a price-sales ratio of 0.97.
The price-to-GF Value ratio is 0.68, earning the stock a GF Value rank of 8.
Plains All American Pipeline LP
The guru established a new position worth 1,181,404 shares in NAS:PAA, giving the stock a 16.89% weight in the equity portfolio. Shares traded for an average price of $11.85 during the quarter.
On 02/10/2023, Plains All American Pipeline LP traded for a price of $12.73 per share and a market cap of $8.89Bil. The stock has returned 29.19% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Plains All American Pipeline LP has a price-earnings ratio of 10.70, a price-book ratio of 0.88, a EV-to-Ebitda ratio of 6.29 and a price-sales ratio of 0.15.
The price-to-GF Value ratio is 0.71, earning the stock a GF Value rank of 8.
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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