Manitou Investment Management Ltd. recently filed their 13F report for the first quarter of 2023, which ended on 2023-03-31.
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.
77 King Street West, Suite 3710 Toronto, A6 M5K1K7
As of the latest 13F report, the guru’s equity portfolio contained 66 stocks valued at a total of $408.00Mil. The top holdings were BRK.B(15.52%), GOOGL(10.95%), and MSFT(10.35%).
According to GuruFocus data, these were Manitou Investment Management Ltd.’s top five trades of the quarter.
Brookfield Corp
Manitou Investment Management Ltd. reduced their investment in NYSE:BN by 1,215,233 shares. The trade had a 6.77% impact on the equity portfolio. During the quarter, the stock traded for an average price of $33.78.
On 05/18/2023, Brookfield Corp traded for a price of $30.78 per share and a market cap of $50.15Bil. The stock has returned -16.53% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Brookfield Corp has a price-earnings ratio of 76.95, a price-book ratio of 1.19, a price-earnings-to-growth (PEG) ratio of 4.81, a EV-to-Ebitda ratio of 11.06 and a price-sales ratio of 0.52.
The price-to-GF Value ratio is 0.69, earning the stock a GF Value rank of 10.
Royal Bank of Canada
The guru sold out of their 331,129-share investment in NYSE:RY. Previously, the stock had a 5.51% weight in the equity portfolio. Shares traded for an average price of $99.1 during the quarter.
On 05/18/2023, Royal Bank of Canada traded for a price of $94.58 per share and a market cap of $129.43Bil. The stock has returned 0.61% over the past year.
GuruFocus gives the company a financial strength rating of 2 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Royal Bank of Canada has a price-earnings ratio of 11.82, a price-book ratio of 1.75, a price-earnings-to-growth (PEG) ratio of 1.33 and a price-sales ratio of 3.42.
The price-to-GF Value ratio is 0.92, earning the stock a GF Value rank of 5.
Rogers Communications Inc
The guru sold out of their 340,993-share investment in NYSE:RCI. Previously, the stock had a 2.83% weight in the equity portfolio. Shares traded for an average price of $47.43 during the quarter.
On 05/18/2023, Rogers Communications Inc traded for a price of $48.54 per share and a market cap of $25.36Bil. The stock has returned -0.61% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Rogers Communications Inc has a price-earnings ratio of 18.72, a price-book ratio of 3.33, a price-earnings-to-growth (PEG) ratio of 12.48, a EV-to-Ebitda ratio of 11.19 and a price-sales ratio of 2.11.
The price-to-GF Value ratio is 0.97, earning the stock a GF Value rank of 5.
Suncor Energy Inc
The guru sold out of their 407,691-share investment in NYSE:SU. Previously, the stock had a 2.29% weight in the equity portfolio. Shares traded for an average price of $32.52 during the quarter.
On 05/18/2023, Suncor Energy Inc traded for a price of $28.38 per share and a market cap of $36.75Bil. The stock has returned -21.52% 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, Suncor Energy Inc has a price-earnings ratio of 6.30, a price-book ratio of 1.26, a price-earnings-to-growth (PEG) ratio of 0.62, a EV-to-Ebitda ratio of 3.07 and a price-sales ratio of 0.82.
The price-to-GF Value ratio is 0.70, earning the stock a GF Value rank of 9.
Canadian Natural Resources Ltd
The guru sold out of their 211,715-share investment in NYSE:CNQ. Previously, the stock had a 2.08% weight in the equity portfolio. Shares traded for an average price of $56.64 during the quarter.
On 05/18/2023, Canadian Natural Resources Ltd traded for a price of $55.91 per share and a market cap of $60.54Bil. The stock has returned -2.64% 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, Canadian Natural Resources Ltd has a price-earnings ratio of 8.74, a price-book ratio of 2.14, a price-earnings-to-growth (PEG) ratio of 0.49, a EV-to-Ebitda ratio of 4.64 and a price-sales ratio of 1.76.
The price-to-GF Value ratio is 0.92, 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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