David Abrams 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.
David Abrams (Trades, Portfolio) founded Abrams Capital Management in 1999, where he is the CEO and portfolio manager. Before establishing the Boston-based firm, he worked with Baupost’s Seth Klarman (Trades, Portfolio) for 10 years.
As of the latest 13F report, the guru’s equity portfolio contained 16 stocks valued at a total of $2.80Bil. The top holdings were LAD(17.17%), ABG(13.54%), and META(9.34%).
According to GuruFocus data, these were David Abrams (Trades, Portfolio)’s top five trades of the quarter.
Change Healthcare Inc
The guru sold out of their 15,908,220-share investment in NAS:CHNG. Previously, the stock had a 12.61% weight in the equity portfolio. Shares traded for an average price of $27.49 during the quarter.
On 02/11/2023, Change Healthcare Inc traded for a price of $27.49 per share and a market cap of $9.03Bil. The stock has returned 30.16% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Change Healthcare Inc has a price-book ratio of 2.73, a EV-to-Ebitda ratio of 16.98 and a price-sales ratio of 2.55.
U-Haul Holding Co
The guru established a new position worth 3,663,243 shares in NYSE:UHAL.B, giving the stock a 7.18% weight in the equity portfolio. Shares traded for an average price of $57.91 during the quarter.
On 02/11/2023, U-Haul Holding Co traded for a price of $58.58 per share and a market cap of $11.62Bil. The stock has returned 0.00% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, U-Haul Holding Co has a price-earnings ratio of 16.42, a price-book ratio of 2.00, a price-earnings-to-growth (PEG) ratio of 1.40, a EV-to-Ebitda ratio of 6.86 and a price-sales ratio of 0.68.
The price-to-GF Value ratio is 0.39, earning the stock a GF Value rank of 3.
U-Haul Holding Co
David Abrams (Trades, Portfolio) reduced their investment in NYSE:UHAL by 3,822,143 shares. The trade had a 5.61% impact on the equity portfolio. During the quarter, the stock traded for an average price of $57.53.
On 02/11/2023, U-Haul Holding Co traded for a price of $64.89 per share and a market cap of $11.53Bil. The stock has returned 8.64% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, U-Haul Holding Co has a price-earnings ratio of 18.19, a price-book ratio of 1.98, a price-earnings-to-growth (PEG) ratio of 1.55, a EV-to-Ebitda ratio of 6.87 and a price-sales ratio of 0.68.
The price-to-GF Value ratio is 0.39, earning the stock a GF Value rank of 3.
Meta Platforms Inc
During the quarter, David Abrams (Trades, Portfolio) bought 971,691 shares of NAS:META for a total holding of 2,176,734. The trade had a 4.17% impact on the equity portfolio. During the quarter, the stock traded for an average price of $117.43.
On 02/11/2023, Meta Platforms Inc traded for a price of $174.15 per share and a market cap of $451.51Bil. The stock has returned -23.71% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Meta Platforms Inc has a price-earnings ratio of 20.30, a price-book ratio of 3.62, a price-earnings-to-growth (PEG) ratio of 1.32, a EV-to-Ebitda ratio of 11.88 and a price-sales ratio of 4.11.
The price-to-GF Value ratio is 0.46, earning the stock a GF Value rank of 4.
TransDigm Group Inc
David Abrams (Trades, Portfolio) reduced their investment in NYSE:TDG by 173,118 shares. The trade had a 2.62% impact on the equity portfolio. During the quarter, the stock traded for an average price of $589.1799999999999.
On 02/11/2023, TransDigm Group Inc traded for a price of $730.47 per share and a market cap of $39.88Bil. The stock has returned 12.64% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, TransDigm Group Inc has a price-earnings ratio of 49.39, a price-earnings-to-growth (PEG) ratio of 7.84, a EV-to-Ebitda ratio of 22.18 and a price-sales ratio of 7.50.
The price-to-GF Value ratio is 1.07, earning the stock a GF Value rank of 5.
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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