Focused Investors LLC buys 3,

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Targeted Investors LLC recently filed its 13F report for the third quarter of 2022, which ended on 2022-09-30.

The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing only an overview of long stock positions. listed in the United States and American certificates of deposit at the end of the quarter. They are not required to include international holdings, short positions or other types of investments. Yet even this limited repository can provide valuable information.

Focused Investors LLC is an investment management company based in Beverly Hills, California. The company was originally established in 2006 by Bruce Gordon Veaco, who remains with the company as a portfolio manager. Focused Investors has grown since its inception to now operate with 7 employees of which 3 are investment professionals. The firm uses a fundamental methodology with a bottom-up investment approach, focusing on value stocks of large-cap companies in the United States. The firm invests primarily in the public equity market, managing separate equity portfolios for its clients. Focused Investors spreads its assets across a wide variety of sectors, investing primarily in the consumer staples sector which alone accounts for a quarter of its total allocations. The firm also invests in the financials, healthcare, consumer discretionary, information technology and industrials sectors, in descending order of allocation. Focused Investors’ top ten holdings make up more than half of its total allocations, and the company holds its allocations for an average of 23 quarters. The company’s top holdings currently include Microsoft Corp., CVS Caremark Corp., Target Corp., McDonalds Corp and American Express, in descending order of allocation. Focused Investors currently manages over $2.6 billion in assets under management across 16 accounts, all of which are discretionary accounts. The company’s total number of accounts and total assets under management have increased in recent years, with its total number of accounts increasing from four in 2010 to its current amount and its total assets under management increasing significantly from 133 million dollars to almost twenty times more. amount today. Focused Investors primarily caters to charities, which alone make up a third of its clientele, and also offers high net worth individuals, pension and profit sharing plans, state and municipal government entities, investment vehicles in common and companies, in descending order. customer base.

According to the latest 13F report, the guru’s stock portfolio contained 23 stocks valued at a total of $2.79 billion. The top holdings were ELV (8.44%), JNJ (8.28%) and UNH (8.26%).

According to data from GuruFocus, these were Focused Investors LLC’s top five deals of the quarter.

Oracle Corp.

The guru established a new position worth 1,301,900 shares in NYSE:ORCL, giving the stock a 2.85% weighting in the equity portfolio. The shares traded at an average price of $73.21 during the quarter.

On 10/14/2022, Oracle Corp traded at a price of $64.31 per share and a market capitalization of $173.39 billion. The stock has returned -31.16% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Oracle Corp has a price/earnings ratio of 30.63, a price/earnings/growth (PEG) ratio of 4.03, an EV/EBITDA ratio of 19.09 and a price/sales ratio of 3 .99.

The GF price/value ratio is 0.79, giving the stock a GF value rank of 7.

Bank of America Corp

The guru sold his 944,900 share investment in NYSE:BAC. Previously, the stock had a weighting of 1.01% in the equity portfolio. The shares traded at an average price of $33.43 during the quarter.

On 10/14/2022, Bank of America Corp traded at a price of $31.7 per share and a market capitalization of $254.72 billion. The stock has returned -27.78% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 5 out of 10.

In terms of valuation, Bank of America Corp has a price-to-earnings ratio of 9.90, a price-to-book ratio of 1.06, a price-to-earnings-to-growth (PEG) ratio of 1.83 and a price-to- sales of 2.88.

The GF price/value ratio is 0.81, giving the stock a GF value rank of 7.

Northrop Grumman Corporation

Focused Investors LLC reduced its investment in NYSE:NOC by 50,750 shares. The transaction had an impact of 0.84% ​​on the equity portfolio. During the quarter, the stock traded at an average price of $476.45.

On 10/14/2022, Northrop Grumman Corp traded at a price of $464.19 per share and a market capitalization of $71.82 billion. The stock has returned 20.73% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Northrop Grumman Corp has a price/earnings ratio of 12.95, a price/book ratio of 5.27, a price/earnings/growth (PEG) ratio of 0.63, an EV/Ebitda ratio of 9.78 and a price-to-sales ratio of 2.10.

The GF price-to-value ratio is 1.23, giving the stock a GF value rank of 1.

Goldman Sachs Inc.

During the quarter, Focused Investors LLC purchased 50,550 shares of NYSE:GS for a total holding of 359,250. The transaction had a 0.53% impact on the equity portfolio. During the quarter, the stock traded at an average price of $323.98.

On 10/14/2022, The Goldman Sachs Group Inc traded at a price of $299.99 per share and a market capitalization of $102.40 billion. The stock has returned -21.14% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, The Goldman Sachs Group Inc has a price-to-earnings ratio of 6.76, a price-to-book ratio of 0.95, a price-to-earnings-to-growth (PEG) ratio of 0.74 and a /sales of 2.10.

The GF price/value ratio is 0.98, giving the stock a GF value rank of 5.

FedEx Corp.

During the quarter, Focused Investors LLC purchased 46,250 shares of NYSE:FDX for a total holding of 605,050. The transaction had a 0.25% impact on the equity portfolio. During the quarter, the stock traded at an average price of $211.05.

On 10/14/2022, FedEx Corp traded at a price of $156.96 per share and a market capitalization of $40.84 billion. The stock has returned -29.32% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, FedEx Corp has a price/earnings ratio of 11.59, a price/book ratio of 1.63, a price/earnings/growth (PEG) ratio of 1.76, an EV/EBITDA ratio of 7.64 and a price-to-sales ratio of 0.43.

The GF price-to-value ratio is 0.61, giving the stock a GF value rank of 10.

Please note that figures and facts quoted are at the time of writing this article and may not reflect the latest business data or company announcements.

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