Empyrean Capital Partners, LP 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.
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As of the latest 13F report, the guru’s equity portfolio contained 88 stocks valued at a total of $2.85Bil. The top holdings were FYBR(4.76%), MPC(4.51%), and J(4.25%).
According to GuruFocus data, these were Empyrean Capital Partners, LP’s top five trades of the quarter.
Activision Blizzard Inc
The guru established a new position worth 1,381,800 shares in NAS:ATVI, giving the stock a 3.71% weight in the equity portfolio. Shares traded for an average price of $74.26000000000001 during the quarter.
On 02/18/2023, Activision Blizzard Inc traded for a price of $77.56999999999999 per share and a market cap of $60.71Bil. The stock has returned -3.62% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Activision Blizzard Inc has a price-earnings ratio of 40.40, a price-book ratio of 3.15, a price-earnings-to-growth (PEG) ratio of 404.00, a EV-to-Ebitda ratio of 24.08 and a price-sales ratio of 8.13.
The price-to-GF Value ratio is 1.00, earning the stock a GF Value rank of 6.
Dominion Energy Inc
The guru established a new position worth 1,278,000 shares in NYSE:D, giving the stock a 2.75% weight in the equity portfolio. Shares traded for an average price of $62.8 during the quarter.
On 02/18/2023, Dominion Energy Inc traded for a price of $58.7 per share and a market cap of $48.91Bil. The stock has returned -22.45% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Dominion Energy Inc has a price-earnings ratio of 53.85, a price-book ratio of 1.83, a EV-to-Ebitda ratio of 15.63 and a price-sales ratio of 2.87.
The price-to-GF Value ratio is 0.68, earning the stock a GF Value rank of 10.
Austerlitz Acquisition Corp II
The guru sold out of their 5,367,099-share investment in NYSE:ASZ. Previously, the stock had a 1.83% weight in the equity portfolio. Shares traded for an average price of $9.949999999999999 during the quarter.
On 02/18/2023, Austerlitz Acquisition Corp II traded for a price of $9.984999999999999 per share and a market cap of $1.97Bil. The stock has returned 1.68% over the past year.
GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 1 out of 10.
In terms of valuation, Austerlitz Acquisition Corp II has a price-earnings ratio of 33.62, a price-book ratio of 1.48 and a EV-to-Ebitda ratio of -1494.66.
FTAI Aviation Ltd
The guru established a new position worth 2,743,200 shares in NAS:FTAI, giving the stock a 1.65% weight in the equity portfolio. Shares traded for an average price of $16.79 during the quarter.
On 02/18/2023, FTAI Aviation Ltd traded for a price of $24.59 per share and a market cap of $2.45Bil. The stock has returned 10.93% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, FTAI Aviation Ltd has a price-book ratio of 94.58, a EV-to-Ebitda ratio of 30.11 and a price-sales ratio of 3.20.
The price-to-GF Value ratio is 0.90, earning the stock a GF Value rank of 7.
PG&E Corp
Empyrean Capital Partners, LP reduced their investment in NYSE:PCG by 3,361,000 shares. The trade had a 1.46% impact on the equity portfolio. During the quarter, the stock traded for an average price of $15.12.
On 02/18/2023, PG&E Corp traded for a price of $15.57 per share and a market cap of $33.05Bil. The stock has returned 34.34% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, PG&E Corp has a price-earnings ratio of 18.54, a price-book ratio of 1.49, a EV-to-Ebitda ratio of 13.01 and a price-sales ratio of 1.51.
The price-to-GF Value ratio is 2.57, earning the stock a GF Value rank of 1.
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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