HOLLENCREST CAPITAL MANAGEMENT recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.
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.
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As of the latest 13F report, the guru’s equity portfolio contained 320 stocks valued at a total of $781.00Mil. The top holdings were SPY(14.83%), QQQ(10.80%), and UPS(7.89%).
According to GuruFocus data, these were HOLLENCREST CAPITAL MANAGEMENT’s top five trades of the quarter.
ProShares Short QQQ -1x Shares
The guru established a new position worth 611,284 shares in ARCA:PSQ, giving the stock a 1.17% weight in the equity portfolio. Shares traded for an average price of $13.34 during the quarter.
On 10/28/2022, ProShares Short QQQ -1x Shares traded for a price of $14.4104 per share and a market cap of $1.66Bil. The stock has returned 26.79% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, ProShares Short QQQ -1x Shares has a price-earnings ratio of 9999.00.
INVESCO QQQ Trust
HOLLENCREST CAPITAL MANAGEMENT reduced their investment in NAS:QQQ by 30,378 shares. The trade had a 1.01% impact on the equity portfolio. During the quarter, the stock traded for an average price of $301.34.
On 10/28/2022, INVESCO QQQ Trust traded for a price of $275.19 per share and a market cap of $150.07Bil. The stock has returned -28.25% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, INVESCO QQQ Trust has a price-earnings ratio of 9999.00.
ProShares Short S&P500 -1x Shares
The guru established a new position worth 410,465 shares in ARCA:SH, giving the stock a 0.91% weight in the equity portfolio. Shares traded for an average price of $15.66 during the quarter.
On 10/28/2022, ProShares Short S&P500 -1x Shares traded for a price of $16.1 per share and a market cap of $3.15Bil. The stock has returned 12.66% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, ProShares Short S&P500 -1x Shares has a price-earnings ratio of 9999.00.
S&P 500 ETF TRUST ETF
HOLLENCREST CAPITAL MANAGEMENT reduced their investment in ARCA:SPY by 9,761 shares. The trade had a 0.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $395.76.
On 10/28/2022, S&P 500 ETF TRUST ETF traded for a price of $382.71 per share and a market cap of $358.01Bil. The stock has returned -15.03% over the past year.
GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 9999.00, a price-book ratio of 3.38, a price-earnings-to-growth (PEG) ratio of 2.17 and a price-sales ratio of 2.69.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
First Foundation Inc
HOLLENCREST CAPITAL MANAGEMENT reduced their investment in NAS:FFWM by 140,000 shares. The trade had a 0.33% impact on the equity portfolio. During the quarter, the stock traded for an average price of $19.84.
On 10/28/2022, First Foundation Inc traded for a price of $16.08 per share and a market cap of $895.44Mil. The stock has returned -37.76% 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 Foundation Inc has a price-earnings ratio of 7.35, a price-book ratio of 0.80, a price-earnings-to-growth (PEG) ratio of 0.46 and a price-sales ratio of 2.54.
The price-to-GF Value ratio is 0.59, earning the stock a GF Value rank of 10.
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.
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