BANK OF NOVA SCOTIA 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.
44 KING STREET WEST TORONTO, A6 M5H 1H1
As of the latest 13F report, the guru’s equity portfolio contained 1132 stocks valued at a total of $38.06Bil. The top holdings were RY(5.96%), TD(5.24%), and SPY(5.10%).
According to GuruFocus data, these were BANK OF NOVA SCOTIA’s top five trades of the quarter.
S&P 500 ETF TRUST ETF
During the quarter, BANK OF NOVA SCOTIA bought 4,875,315 shares of ARCA:SPY for a total holding of 5,076,158. The trade had a 4.9% impact on the equity portfolio. During the quarter, the stock traded for an average price of $382.87.
On 02/10/2023, S&P 500 ETF TRUST ETF traded for a price of $407.09 per share and a market cap of $377.71Bil. The stock has returned -9.60% 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 20.09, a price-book ratio of 3.72, a price-earnings-to-growth (PEG) ratio of 2.51, a EV-to-Ebitda ratio of 14.83 and a price-sales ratio of 2.80.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
INVESCO QQQ Trust
During the quarter, BANK OF NOVA SCOTIA bought 1,735,943 shares of NAS:QQQ for a total holding of 1,738,169. The trade had a 1.22% impact on the equity portfolio. During the quarter, the stock traded for an average price of $275.95.
On 02/10/2023, INVESCO QQQ Trust traded for a price of $301.68 per share and a market cap of $159.30Bil. The stock has returned -17.16% 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 25.65 and a price-book ratio of 5.88.
Industrial Select Sector SPDR
During the quarter, BANK OF NOVA SCOTIA bought 3,614,510 shares of ARCA:XLI for a total holding of 3,620,320. The trade had a 0.93% impact on the equity portfolio. During the quarter, the stock traded for an average price of $94.84999999999999.
On 02/10/2023, Industrial Select Sector SPDR traded for a price of $101.42 per share and a market cap of $14.22Bil. The stock has returned 0.56% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Industrial Select Sector SPDR has a price-earnings ratio of 21.39 and a price-book ratio of 4.49.
iShares MSCI ACWI Index Fund
During the quarter, BANK OF NOVA SCOTIA bought 4,146,786 shares of NAS:ACWI for a total holding of 4,403,579. The trade had a 0.92% impact on the equity portfolio. During the quarter, the stock traded for an average price of $83.65000000000001.
On 02/10/2023, iShares MSCI ACWI Index Fund traded for a price of $90.88 per share and a market cap of $19.50Bil. The stock has returned -10.36% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares MSCI ACWI Index Fund has a price-earnings ratio of 16.14 and a price-book ratio of 2.50.
Canadian Natural Resources Ltd
During the quarter, BANK OF NOVA SCOTIA bought 4,897,414 shares of NYSE:CNQ for a total holding of 19,845,541. The trade had a 0.72% impact on the equity portfolio. During the quarter, the stock traded for an average price of $57.15.
On 02/10/2023, Canadian Natural Resources Ltd traded for a price of $58.92 per share and a market cap of $65.45Bil. The stock has returned 21.65% 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, Canadian Natural Resources Ltd has a price-earnings ratio of 7.40, a price-book ratio of 2.30, a price-earnings-to-growth (PEG) ratio of 0.44, a EV-to-Ebitda ratio of 4.35 and a price-sales ratio of 1.87.
The price-to-GF Value ratio is 1.18, earning the stock a GF Value rank of 5.
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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