Glenn Greenberg 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.
Glenn Greenberg (Trades, Portfolio) and partner John Shapiro founded Chieftain Capital Management in 1984. By pursuing a disciplined investment strategy, Chieftain compounded its accounts at 22.5% (before management fees) during the period from 1984 through 2004 versus 12.9% for the S&P 500. Chieftain Capital later divided into two separate entities, with Shapiro leading the new Chieftain Capital Management and Greenberg leading Brave Warrior Advisors.
As of the latest 13F report, the guru’s equity portfolio contained 26 stocks valued at a total of $3.17Bil. The top holdings were APO(15.95%), ELV(14.10%), and FNF(10.94%).
According to GuruFocus data, these were Glenn Greenberg (Trades, Portfolio)’s top five trades of the quarter.
Elevance Health Inc
Glenn Greenberg (Trades, Portfolio) reduced their investment in NYSE:ELV by 317,456 shares. The trade had a 4.98% impact on the equity portfolio. During the quarter, the stock traded for an average price of $507.74.
On 02/15/2023, Elevance Health Inc traded for a price of $491.48 per share and a market cap of $117.38Bil. The stock has returned 11.94% 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, Elevance Health Inc has a price-earnings ratio of 19.83, a price-book ratio of 3.23, a price-earnings-to-growth (PEG) ratio of 1.35, a EV-to-Ebitda ratio of 13.11 and a price-sales ratio of 0.77.
The price-to-GF Value ratio is 0.99, earning the stock a GF Value rank of 6.
Valvoline Inc
The guru sold out of their 5,451,901-share investment in NYSE:VVV. Previously, the stock had a 4.78% weight in the equity portfolio. Shares traded for an average price of $30.25 during the quarter.
On 02/15/2023, Valvoline Inc traded for a price of $35.1 per share and a market cap of $6.03Bil. The stock has returned 10.85% 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, Valvoline Inc has a price-earnings ratio of 15.00, a price-book ratio of 21.02, a EV-to-Ebitda ratio of 43.81 and a price-sales ratio of 8.99.
The price-to-GF Value ratio is 1.26, earning the stock a GF Value rank of 3.
F&G Annuities & Life Inc
The guru established a new position worth 6,032,140 shares in NYSE:FG, giving the stock a 3.8% weight in the equity portfolio. Shares traded for an average price of $20.38 during the quarter.
On 02/15/2023, F&G Annuities & Life Inc traded for a price of $22.99 per share and a market cap of $433.04Mil. The stock has returned 0.00% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, F&G Annuities & Life Inc has a price-earnings ratio of 3.58, a price-book ratio of 0.26, a EV-to-Ebitda ratio of -1.60 and a price-sales ratio of 0.29.
AutoNation Inc
The guru established a new position worth 230,468 shares in NYSE:AN, giving the stock a 0.78% weight in the equity portfolio. Shares traded for an average price of $110.58 during the quarter.
On 02/15/2023, AutoNation Inc traded for a price of $140.07 per share and a market cap of $6.94Bil. The stock has returned 34.30% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, AutoNation Inc has a price-earnings ratio of 5.73, a price-book ratio of 3.25, a price-earnings-to-growth (PEG) ratio of 0.35, a EV-to-Ebitda ratio of 5.08 and a price-sales ratio of 0.30.
The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 7.
Asbury Automotive Group Inc
During the quarter, Glenn Greenberg (Trades, Portfolio) bought 77,389 shares of NYSE:ABG for a total holding of 277,836. The trade had a 0.44% impact on the equity portfolio. During the quarter, the stock traded for an average price of $167.22.
On 02/15/2023, Asbury Automotive Group Inc traded for a price of $233.19 per share and a market cap of $5.16Bil. The stock has returned 44.74% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Asbury Automotive Group Inc has a price-earnings ratio of 5.22, a price-book ratio of 1.95, a price-earnings-to-growth (PEG) ratio of 0.28, a EV-to-Ebitda ratio of 5.55 and a price-sales ratio of 0.34.
The price-to-GF Value ratio is 1.07, earning the stock a GF Value rank of 5.
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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