Mader & Shannon Wealth Management, 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.
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As of the latest 13F report, the guru’s equity portfolio contained 16 stocks valued at a total of $151.00Mil. The top holdings were IAU(14.07%), GLD(14.02%), and SHYG(13.24%).
According to GuruFocus data, these were Mader & Shannon Wealth Management, Inc.’s top five trades of the quarter.
Schwab U.S. Tips ETF
The guru sold out of their 356,704-share investment in ARCA:SCHP. Previously, the stock had a 20.13% weight in the equity portfolio. Shares traded for an average price of $51.73 during the quarter.
On 01/24/2023, Schwab U.S. Tips ETF traded for a price of $53.02 per share and a market cap of $14.19Bil. The stock has returned -7.98% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares 0-5 Year High Yield Corporate Bond ETF
The guru established a new position worth 489,395 shares in ARCA:SHYG, giving the stock a 13.24% weight in the equity portfolio. Shares traded for an average price of $40.53 during the quarter.
On 01/24/2023, iShares 0-5 Year High Yield Corporate Bond ETF traded for a price of $41.885 per share and a market cap of $6.37Bil. The stock has returned -1.57% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares 0-5 Year High Yield Corporate Bond ETF has a price-book ratio of 6.09.
iShares MSCI ACWI Ex US Index Fund
The guru established a new position worth 225,152 shares in NAS:ACWX, giving the stock a 6.78% weight in the equity portfolio. Shares traded for an average price of $43.58 during the quarter.
On 01/24/2023, iShares MSCI ACWI Ex US Index Fund traded for a price of $49.65 per share and a market cap of $4.54Bil. The stock has returned -5.36% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares MSCI ACWI Ex US Index Fund has a price-earnings ratio of 12.30 and a price-book ratio of 1.60.
Invesco S&P 500 Equal Weight ETF
The guru established a new position worth 71,211 shares in ARCA:RSP, giving the stock a 6.66% weight in the equity portfolio. Shares traded for an average price of $139.35 during the quarter.
On 01/24/2023, Invesco S&P 500 Equal Weight ETF traded for a price of $149.11 per share and a market cap of $35.38Bil. The stock has returned -1.60% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Invesco S&P 500 Equal Weight ETF has a price-earnings ratio of 17.18 and a price-book ratio of 2.77.
S&P 500 ETF TRUST ETF
The guru established a new position worth 25,636 shares in ARCA:SPY, giving the stock a 6.49% weight in the equity portfolio. Shares traded for an average price of $382.87 during the quarter.
On 01/24/2023, S&P 500 ETF TRUST ETF traded for a price of $400.18 per share and a market cap of $373.90Bil. The stock has returned -7.54% 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 19.00, a price-book ratio of 3.59, a price-earnings-to-growth (PEG) ratio of 2.26, a EV-to-Ebitda ratio of 14.61 and a price-sales ratio of 2.79.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
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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