Kaydan 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.
329 W. Silver Lake Road Fenton, MI 48430
As of the latest 13F report, the guru’s equity portfolio contained 85 stocks valued at a total of $250.00Mil. The top holdings were PSQ(25.88%), SH(19.43%), and TLT(12.46%).
According to GuruFocus data, these were Kaydan Wealth Management, Inc.’s top five trades of the quarter.
ProShares Short QQQ -1x Shares
During the quarter, Kaydan Wealth Management, Inc. bought 2,200,087 shares of ARCA:PSQ for a total holding of 4,191,999. The trade had a 18.12% impact on the equity portfolio. During the quarter, the stock traded for an average price of $13.29.
On 02/24/2023, ProShares Short QQQ -1x Shares traded for a price of $13.505 per share and a market cap of $1.63Bil. The stock has returned 8.74% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Invesco Optimum Yield Diversified Commodity
The guru sold out of their 1,277,129-share investment in NAS:PDBC. Previously, the stock had a 12.83% weight in the equity portfolio. Shares traded for an average price of $15.13 during the quarter.
On 02/24/2023, Invesco Optimum Yield Diversified Commodity traded for a price of $14.1017 per share and a market cap of $5.94Bil. The stock has returned -1.19% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
First Trust Value Line Dividend Index Fund
Kaydan Wealth Management, Inc. reduced their investment in ARCA:FVD by 562,687 shares. The trade had a 12.16% impact on the equity portfolio. During the quarter, the stock traded for an average price of $39.11.
On 02/24/2023, First Trust Value Line Dividend Index Fund traded for a price of $39.87 per share and a market cap of $12.27Bil. The stock has returned 2.04% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, First Trust Value Line Dividend Index Fund has a price-earnings ratio of 18.76 and a price-book ratio of 2.62.
ProShares Short S&P500 -1x Shares
During the quarter, Kaydan Wealth Management, Inc. bought 1,005,116 shares of ARCA:SH for a total holding of 2,768,848. The trade had a 9.59% impact on the equity portfolio. During the quarter, the stock traded for an average price of $15.61.
On 02/24/2023, ProShares Short S&P500 -1x Shares traded for a price of $15.6277 per share and a market cap of $2.65Bil. The stock has returned 4.45% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Vanguard Value ETF
The guru established a new position worth 15,962 shares in ARCA:VTV, giving the stock a 1.09% weight in the equity portfolio. Shares traded for an average price of $133.35 during the quarter.
On 02/24/2023, Vanguard Value ETF traded for a price of $140.005 per share and a market cap of $102.46Bil. The stock has returned 2.29% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Vanguard Value ETF has a price-earnings ratio of 15.98 and a price-book ratio of 2.58.
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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