BARINGS 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.
300 SOUTH TRYON STREET CHARLOTTE, NC 28202
As of the latest 13F report, the guru’s equity portfolio contained 180 stocks valued at a total of $2.72Bil. The top holdings were IVV(22.97%), IWO(10.97%), and QQQ(10.76%).
According to GuruFocus data, these were BARINGS LLC’s top five trades of the quarter.
iShares Core S&P 500 ETF
BARINGS LLC reduced their investment in ARCA:IVV by 103,919 shares. The trade had a 1.56% impact on the equity portfolio. During the quarter, the stock traded for an average price of $384.6.
On 02/15/2023, iShares Core S&P 500 ETF traded for a price of $414.62 per share and a market cap of $311.73Bil. The stock has returned -4.47% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Core S&P 500 ETF has a price-earnings ratio of 20.37 and a price-book ratio of 3.76.
PDD Holdings Inc
The guru established a new position worth 481,762 shares in NAS:PDD, giving the stock a 1.45% weight in the equity portfolio. Shares traded for an average price of $69.62 during the quarter.
On 02/15/2023, PDD Holdings Inc traded for a price of $95.89 per share and a market cap of $121.24Bil. The stock has returned 62.09% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, PDD Holdings Inc has a price-earnings ratio of 31.97, a price-book ratio of 9.07, a EV-to-Ebitda ratio of 20.52 and a price-sales ratio of 7.75.
The price-to-GF Value ratio is 0.63, earning the stock a GF Value rank of 8.
H World Group Ltd
The guru established a new position worth 865,088 shares in NAS:HTHT, giving the stock a 1.35% weight in the equity portfolio. Shares traded for an average price of $36.16 during the quarter.
On 02/15/2023, H World Group Ltd traded for a price of $51.89 per share and a market cap of $16.52Bil. The stock has returned 19.00% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, H World Group Ltd has a price-book ratio of 13.04, a EV-to-Ebitda ratio of -1081.77 and a price-sales ratio of 7.93.
The price-to-GF Value ratio is 1.12, earning the stock a GF Value rank of 3.
First Trust Morningstar Dividend Leaders Index Fund
The guru established a new position worth 728,680 shares in ARCA:FDL, giving the stock a 0.98% weight in the equity portfolio. Shares traded for an average price of $35.69 during the quarter.
On 02/15/2023, First Trust Morningstar Dividend Leaders Index Fund traded for a price of $38.05 per share and a market cap of $5.37Bil. The stock has returned 9.65% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, First Trust Morningstar Dividend Leaders Index Fund has a price-earnings ratio of 12.15 and a price-book ratio of 2.25.
iShares Short Treasury Bond ETF
During the quarter, BARINGS LLC bought 229,007 shares of NAS:SHV for a total holding of 389,957. The trade had a 0.93% impact on the equity portfolio. During the quarter, the stock traded for an average price of $109.01.
On 02/15/2023, iShares Short Treasury Bond ETF traded for a price of $110.06 per share and a market cap of $18.79Bil. The stock has returned 1.57% 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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