PACIFIC HEIGHTS ASSET MANAGEMENT LLC 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.
600 Montgomery Street San Francisco, CA 94111
As of the latest 13F report, the guru’s equity portfolio contained 77 stocks valued at a total of $1.03Bil. The top holdings were TPL(12.56%), FCX(7.70%), and LMT(3.70%).
According to GuruFocus data, these were PACIFIC HEIGHTS ASSET MANAGEMENT LLC’s top five trades of the quarter.
Freeport-McMoRan Inc
PACIFIC HEIGHTS ASSET MANAGEMENT LLC reduced their investment in NYSE:FCX by 300,000 shares. The trade had a 0.87% impact on the equity portfolio. During the quarter, the stock traded for an average price of $34.95.
On 02/12/2023, Freeport-McMoRan Inc traded for a price of $42.36 per share and a market cap of $60.55Bil. The stock has returned -2.16% 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, Freeport-McMoRan Inc has a price-earnings ratio of 17.87, a price-book ratio of 3.89, a price-earnings-to-growth (PEG) ratio of 1.30, a EV-to-Ebitda ratio of 6.78 and a price-sales ratio of 2.70.
The price-to-GF Value ratio is 1.07, earning the stock a GF Value rank of 5.
Devon Energy Corp
PACIFIC HEIGHTS ASSET MANAGEMENT LLC reduced their investment in NYSE:DVN by 100,000 shares. The trade had a 0.64% impact on the equity portfolio. During the quarter, the stock traded for an average price of $68.16.
On 02/12/2023, Devon Energy Corp traded for a price of $63.54 per share and a market cap of $41.54Bil. The stock has returned 31.58% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Devon Energy Corp has a price-earnings ratio of 6.67, a price-book ratio of 3.82, a EV-to-Ebitda ratio of 4.51 and a price-sales ratio of 2.18.
The price-to-GF Value ratio is 1.54, earning the stock a GF Value rank of 1.
Duke Realty Corp
The guru sold out of their 125,000-share investment in NYSE:DRE. Previously, the stock had a 0.64% weight in the equity portfolio. Shares traded for an average price of $48.2 during the quarter.
On 02/12/2023, Duke Realty Corp traded for a price of $48.2 per share and a market cap of $18.56Bil. The stock has returned -16.60% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Duke Realty Corp has a price-earnings ratio of 19.44, a price-book ratio of 2.94, a price-earnings-to-growth (PEG) ratio of 1.87, a EV-to-Ebitda ratio of 15.77 and a price-sales ratio of 16.85.
The price-to-GF Value ratio is 0.99, earning the stock a GF Value rank of 5.
Murphy Oil Corp
PACIFIC HEIGHTS ASSET MANAGEMENT LLC reduced their investment in NYSE:MUR by 100,000 shares. The trade had a 0.37% impact on the equity portfolio. During the quarter, the stock traded for an average price of $45.07.
On 02/12/2023, Murphy Oil Corp traded for a price of $43.03 per share and a market cap of $6.69Bil. The stock has returned 38.30% 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, Murphy Oil Corp has a price-earnings ratio of 7.03, a price-book ratio of 1.34, a EV-to-Ebitda ratio of 3.78 and a price-sales ratio of 1.60.
The price-to-GF Value ratio is 1.00, earning the stock a GF Value rank of 5.
Prologis Inc
During the quarter, PACIFIC HEIGHTS ASSET MANAGEMENT LLC bought 25,000 shares of NYSE:PLD for a total holding of 150,000. The trade had a 0.28% impact on the equity portfolio. During the quarter, the stock traded for an average price of $110.78.
On 02/12/2023, Prologis Inc traded for a price of $128.09 per share and a market cap of $118.24Bil. The stock has returned -11.57% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Prologis Inc has a price-earnings ratio of 23.76, a price-book ratio of 2.69, a price-earnings-to-growth (PEG) ratio of 5.80, a EV-to-Ebitda ratio of 21.81 and a price-sales ratio of 17.84.
The price-to-GF Value ratio is 0.97, 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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