Jefferies Group 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.
Harvard graduates Ian Cummings and Joseph S. Steinberg gained control of Talcott National Corporation in 1980 and renamed it Leucadia National. In 2013, the company was acquired by Jefferies Group (Trades, Portfolio), and Richard Handler became chief executive officer. The company was renamed to Jefferies Financial Group (JEF) in 2018.
Through its subsidiaries, Jefferies engages in investment banking, banking and lending, telecommunications, healthcare services, manufacturing, real estate and winery businesses, among others. The Jefferies Group (Trades, Portfolio) segment offers a full range of investment banking, equities, fixed income, asset and wealth management products and services.
As of the latest 13F report, the guru’s equity portfolio contained 1593 stocks valued at a total of $14.14Bil. The top holdings were SPY(5.30%), WYNN(3.97%), and TSLA(2.75%).
According to GuruFocus data, these were Jefferies Group (Trades, Portfolio)’s top five trades of the quarter.
S&P 500 ETF TRUST ETF
The guru established a new position worth 1,961,347 shares in ARCA:SPY, giving the stock a 5.3% weight in the equity portfolio. Shares traded for an average price of $382.87 during the quarter.
On 02/15/2023, S&P 500 ETF TRUST ETF traded for a price of $413.4699 per share and a market cap of $382.35Bil. The stock has returned -5.96% 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 20.35, a price-book ratio of 3.75, a price-earnings-to-growth (PEG) ratio of 2.47, a EV-to-Ebitda ratio of 15.08 and a price-sales ratio of 2.83.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
Wynn Resorts Ltd
The guru established a new position worth 6,810,459 shares in NAS:WYNN, giving the stock a 3.97% weight in the equity portfolio. Shares traded for an average price of $73.18000000000001 during the quarter.
On 02/15/2023, Wynn Resorts Ltd traded for a price of $108.2873 per share and a market cap of $12.27Bil. The stock has returned 12.54% over the past year.
GuruFocus gives the company a financial strength rating of 2 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Wynn Resorts Ltd has a EV-to-Ebitda ratio of 35.18 and a price-sales ratio of 3.25.
The price-to-GF Value ratio is 1.27, earning the stock a GF Value rank of 1.
Tesla Inc
The guru established a new position worth 3,158,322 shares in NAS:TSLA, giving the stock a 2.75% weight in the equity portfolio. Shares traded for an average price of $189.34 during the quarter.
On 02/15/2023, Tesla Inc traded for a price of $213.32 per share and a market cap of $674.97Bil. The stock has returned -30.96% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Tesla Inc has a price-earnings ratio of 58.88, a price-book ratio of 15.10, a EV-to-Ebitda ratio of 36.55 and a price-sales ratio of 8.92.
The price-to-GF Value ratio is 0.53, earning the stock a GF Value rank of 4.
Apple Inc
The guru established a new position worth 2,003,759 shares in NAS:AAPL, giving the stock a 1.84% weight in the equity portfolio. Shares traded for an average price of $142.91 during the quarter.
On 02/15/2023, Apple Inc traded for a price of $155.4053 per share and a market cap of $2,458.81Bil. The stock has returned -9.67% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Apple Inc has a price-earnings ratio of 26.38, a price-book ratio of 43.41, a price-earnings-to-growth (PEG) ratio of 1.52, a EV-to-Ebitda ratio of 19.41 and a price-sales ratio of 6.50.
The price-to-GF Value ratio is 0.91, earning the stock a GF Value rank of 7.
INVESCO QQQ Trust
The guru established a new position worth 691,101 shares in NAS:QQQ, giving the stock a 1.3% weight in the equity portfolio. Shares traded for an average price of $275.95 during the quarter.
On 02/15/2023, INVESCO QQQ Trust traded for a price of $308.63 per share and a market cap of $165.12Bil. The stock has returned -12.90% 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 26.04 and a price-book ratio of 6.01.
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.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
