Clark Capital Management Group, Inc. 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.
ONE LIBERTY PLACE, 53RD FLOOR Philadelphia, PA 19103
As of the latest 13F report, the guru’s equity portfolio contained 345 stocks valued at a total of $10.87Bil. The top holdings were HYG(21.04%), JNK(8.95%), and SPYV(2.81%).
According to GuruFocus data, these were Clark Capital Management Group, Inc.’s top five trades of the quarter.
iShares iBoxx USD High Yield Corporate Bond ETF
The guru established a new position worth 31,066,988 shares in ARCA:HYG, giving the stock a 21.04% weight in the equity portfolio. Shares traded for an average price of $72.75 during the quarter.
On 02/18/2023, iShares iBoxx USD High Yield Corporate Bond ETF traded for a price of $74.56 per share and a market cap of $15.22Bil. The stock has returned -5.13% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares iBoxx USD High Yield Corporate Bond ETF has a price-book ratio of 1.64.
SPDR Bloomberg High Yield Bond ETF
The guru established a new position worth 10,806,661 shares in ARCA:JNK, giving the stock a 8.949999999999999% weight in the equity portfolio. Shares traded for an average price of $88.92 during the quarter.
On 02/18/2023, SPDR Bloomberg High Yield Bond ETF traded for a price of $91.38 per share and a market cap of $9.56Bil. The stock has returned -6.11% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
SPDR Bloomberg 1-3 Month T-Bill ETF
Clark Capital Management Group, Inc. reduced their investment in ARCA:BIL by 6,602,003 shares. The trade had a 7.93% impact on the equity portfolio. During the quarter, the stock traded for an average price of $90.7.
On 02/18/2023, SPDR Bloomberg 1-3 Month T-Bill ETF traded for a price of $91.62 per share and a market cap of $24.25Bil. The stock has returned 1.97% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares Short Treasury Bond ETF
Clark Capital Management Group, Inc. reduced their investment in NAS:SHV by 5,381,917 shares. The trade had a 7.76% impact on the equity portfolio. During the quarter, the stock traded for an average price of $109.01.
On 02/18/2023, iShares Short Treasury Bond ETF traded for a price of $110.13 per share and a market cap of $19.28Bil. The stock has returned 1.58% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares Core S&P 500 ETF
Clark Capital Management Group, Inc. reduced their investment in ARCA:IVV by 1,123,544 shares. The trade had a 5.28% impact on the equity portfolio. During the quarter, the stock traded for an average price of $384.6.
On 02/18/2023, iShares Core S&P 500 ETF traded for a price of $409.14 per share and a market cap of $307.55Bil. The stock has returned -5.33% 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 20.22 and a price-book ratio of 3.78.
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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