Sand Grove Capital Management LLP 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.
4TH FLOOR, 35 DOVER STREET LONDON, X0 W1S 4NQ
As of the latest 13F report, the guru’s equity portfolio contained 20 stocks valued at a total of $1.04Bil. The top holdings were SJR(9.68%), BKI(8.89%), and FHN(8.88%).
According to GuruFocus data, these were Sand Grove Capital Management LLP’s top five trades of the quarter.
Sanderson Farms Inc
The guru sold out of their 433,576-share investment in NAS:SAFM. Previously, the stock had a 10.23% weight in the equity portfolio. Shares traded for an average price of $211.78 during the quarter.
On 02/17/2023, Sanderson Farms Inc traded for a price of $204 per share and a market cap of $4.55Bil. The stock has returned 13.25% over the past year.
GuruFocus gives the company a financial strength rating of 10 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Sanderson Farms Inc has a price-earnings ratio of 5.28, a price-book ratio of 1.93, a price-earnings-to-growth (PEG) ratio of 13.20, a EV-to-Ebitda ratio of 2.87 and a price-sales ratio of 0.80.
The price-to-GF Value ratio is 0.79, earning the stock a GF Value rank of 7.
First Horizon Corp
The guru established a new position worth 3,555,298 shares in NYSE:FHN, giving the stock a 7.83% weight in the equity portfolio. Shares traded for an average price of $22.73 during the quarter.
On 02/17/2023, First Horizon Corp traded for a price of $24.82 per share and a market cap of $13.32Bil. The stock has returned 36.95% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, First Horizon Corp has a price-earnings ratio of 16.22, a price-book ratio of 1.84, a price-earnings-to-growth (PEG) ratio of 2.57 and a price-sales ratio of 4.48.
The price-to-GF Value ratio is 1.50, earning the stock a GF Value rank of 1.
Twitter Inc
During the quarter, Sand Grove Capital Management LLP bought 1,602,286 shares of NYSE:TWTR for a total holding of 2,086,006. The trade had a 6.75% impact on the equity portfolio. During the quarter, the stock traded for an average price of $40.71.
On 02/17/2023, Twitter Inc traded for a price of $53.7 per share and a market cap of $41.09Bil. The stock has returned -2.03% 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, Twitter Inc has a price-book ratio of 6.98, a EV-to-Ebitda ratio of 66.62 and a price-sales ratio of 8.22.
The price-to-GF Value ratio is 0.93, earning the stock a GF Value rank of 6.
Nielsen Holdings PLC
The guru sold out of their 2,526,242-share investment in NYSE:NLSN. Previously, the stock had a 6.42% weight in the equity portfolio. Shares traded for an average price of $26.07 during the quarter.
On 02/17/2023, Nielsen Holdings PLC traded for a price of $27.98 per share and a market cap of $10.07Bil. The stock has returned 43.76% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Nielsen Holdings PLC has a price-earnings ratio of 19.03, a price-book ratio of 2.90, a price-earnings-to-growth (PEG) ratio of 14.85, a EV-to-Ebitda ratio of 11.37 and a price-sales ratio of 2.86.
The price-to-GF Value ratio is 1.25, earning the stock a GF Value rank of 1.
Vonage Holdings Corp
The guru sold out of their 2,750,030-share investment in NAS:VG. Previously, the stock had a 5.67% weight in the equity portfolio. Shares traded for an average price of $19.85 during the quarter.
On 02/17/2023, Vonage Holdings Corp traded for a price of $20.99 per share and a market cap of $5.39Bil. The stock has returned 48.13% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Vonage Holdings Corp has a price-book ratio of 9.36, a EV-to-Ebitda ratio of 79.11 and a price-sales ratio of 3.73.
The price-to-GF Value ratio is 1.34, earning the stock a GF Value rank of 1.
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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