John Hussman 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.
Dr. John Hussman (Trades, Portfolio) is the president and principal shareholder of Hussman Strategic Advisors, the investment advisory firm that manages the Hussman Funds. He is also the president of the Hussman Investment Trust. Dr. Hussman manages the Hussman Strategic Growth Fund, which invests primarily in U.S. stocks, and the Hussman Strategic Total Return Fund, which invests primarily in U.S. Treasury and government agency securities.
Prior to managing the Hussman Funds, Dr. Hussman was a professor of economics and international finance at the University of Michigan. His academic research centers on market efficiency and information economics. Dr. Hussman holds a Ph.D. in economics from Stanford University (1992) and two degrees from Northwestern University: a Master's degree in education and social policy (1985) and a Bachelor's degree in economics (1983).
As of the latest 13F report, the guru’s equity portfolio contained 311 stocks valued at a total of $614.00Mil. The top holdings were GOLD(1.63%), NEM(1.49%), and AEM(1.23%).
According to GuruFocus data, these were John Hussman (Trades, Portfolio)’s top five trades of the quarter.
Continental Resources Inc
The guru sold out of their 56,200-share investment in NYSE:CLR. Previously, the stock had a 0.65% weight in the equity portfolio. Shares traded for an average price of $72.73999999999999 during the quarter.
On 02/09/2023, Continental Resources Inc traded for a price of $74.27 per share and a market cap of $26.96Bil. The stock has returned 64.17% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Continental Resources Inc has a price-earnings ratio of 7.55, a price-book ratio of 2.71, a price-earnings-to-growth (PEG) ratio of 0.56, a EV-to-Ebitda ratio of 4.60 and a price-sales ratio of 3.04.
The price-to-GF Value ratio is 0.84, earning the stock a GF Value rank of 7.
Prudential Financial Inc
John Hussman (Trades, Portfolio) reduced their investment in NYSE:PRU by 32,000 shares. The trade had a 0.47% impact on the equity portfolio. During the quarter, the stock traded for an average price of $101.28.
On 02/09/2023, Prudential Financial Inc traded for a price of $104.34 per share and a market cap of $38.83Bil. The stock has returned -10.09% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Prudential Financial Inc has a price-earnings ratio of 144.92, a price-book ratio of 2.33, a EV-to-Ebitda ratio of -546.93 and a price-sales ratio of 0.62.
The price-to-GF Value ratio is 1.06, earning the stock a GF Value rank of 5.
Advanced Energy Industries Inc
During the quarter, John Hussman (Trades, Portfolio) bought 31,000 shares of NAS:AEIS for a total holding of 46,500. The trade had a 0.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $83.95999999999999.
On 02/09/2023, Advanced Energy Industries Inc traded for a price of $97.25 per share and a market cap of $3.60Bil. The stock has returned 16.64% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Advanced Energy Industries Inc has a price-earnings ratio of 18.77, a price-book ratio of 3.68, a price-earnings-to-growth (PEG) ratio of 2.96, a EV-to-Ebitda ratio of 13.39 and a price-sales ratio of 2.07.
The price-to-GF Value ratio is 0.80, earning the stock a GF Value rank of 9.
Coterra Energy Inc
The guru established a new position worth 107,500 shares in NYSE:CTRA, giving the stock a 0.43% weight in the equity portfolio. Shares traded for an average price of $27.58 during the quarter.
On 02/09/2023, Coterra Energy Inc traded for a price of $24.15 per share and a market cap of $18.68Bil. The stock has returned 15.01% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Coterra Energy Inc has a price-earnings ratio of 4.91, a price-book ratio of 1.50, a price-earnings-to-growth (PEG) ratio of 0.05, a EV-to-Ebitda ratio of 3.09 and a price-sales ratio of 2.16.
The price-to-GF Value ratio is 0.49, earning the stock a GF Value rank of 4.
Barrick Gold Corp
John Hussman (Trades, Portfolio) reduced their investment in NYSE:GOLD by 144,800 shares. The trade had a 0.39% impact on the equity portfolio. During the quarter, the stock traded for an average price of $15.91.
On 02/09/2023, Barrick Gold Corp traded for a price of $18.34 per share and a market cap of $31.82Bil. The stock has returned -4.67% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Barrick Gold Corp has a price-earnings ratio of 17.14, a price-book ratio of 1.36, a price-earnings-to-growth (PEG) ratio of 3.17, a EV-to-Ebitda ratio of 5.05 and a price-sales ratio of 2.89.
The price-to-GF Value ratio is 1.03, 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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