Glenn Greenberg Portfolio Analysis (December 31, 2021)

Famous superinvestor, Glenn Greenberg, revealed in a recent regulatory filing his newest positions.  In Glenn Greenberg portfolio 2021 analysis, we will go into more detail about top 5 stocks this superinvestor had as of December 31, 2021.

Greenberg manages his investments via his fund, Brave Warrior Advisors, which holds about $3.1 billion according to the latest available 13F filling. Click here for the latest available 13F filling.

The most notable stocks in Glenn Greenberg’s Q4 portfolio include Anthem Inc, Fidelity National Financial, Primerica Inc, Valvoline Inc and Apollo Global Mgmt Inc. In addition to others mentioned in detail below.

We used the Q4 portfolio of Glenn Greenberg’s Brave Warrior Advisors to select his top 5 value stocks. We ranked the securities according to Greenberg’s stake value in each holding.

Summary

• Glenn Greenberg’s top 5 securities make up 60.6% of the entire portfolio.
• Brave Warrior Advisors owns position in 23 holdings, managing approximately $3.1 billion.
• Anthem Inc, Greenberg’s largest holding, makes up 20.2% of the total portfolio.

Anthem Inc (ANTM)

Brave Warrior Advisors’s stake value: $633.1 Million

Percentage of Brave Warrior Advisors’s 13F Portfolio: 20.2%

Anthem Inc does business in Finance and Insurance sector and has 83400 employees. Current CEO is Gail Boudreaux.

As of February 16, 2022 Anthem Inc had a market cap of $110.707 Million. Analysts predicted 1 year target price of $491.32 that exceeds the current price of $448.09 for 9.6%. Trailing twelve months P/E ratio is currently 18.44 making it a slightly cheaper stock than the rest of the S&P500 index. If we look at revenue, Anthem Inc generated high $138639 million revenue in 2021 which is a considerable increase of 13.8% compared to 2020 when it was $121868 million. Net income surged according to the latest fillings, jumping in 2021 by around 33.5% adding up to total of $6104.0 million. Besides, profit margin, which levels at 4.4%, shows an improvement, comparing to the previous years.

Anthem is a leading health benefits company dedicated to improving lives and communities, and making healthcare simpler. Through its affiliated companies, Anthem serves more than 110 million people, including approximately 43 million within its family of health plans.

Fidelity National Financial (FNF)

Brave Warrior Advisors’s stake value: $450.8 Million

Percentage of Brave Warrior Advisors’s 13F Portfolio: 14.4%

Fidelity National Financial Inc does business in Finance and Insurance sector.

As of February 16, 2022 Fidelity National Financial had a market cap of $13.848 Million. Analysts predicted 1 year target price of $67.8 that exceeds the current price of $48.46 for 39.9%. Trailing twelve months P/E ratio is currently 5.24 making it much cheaper stock than the rest of the S&P500 index. Looking at revenue, Fidelity National Financial generated significant amount of revenue, $10815 million in 2020, surging by 27.6% in comparison to 2019 when it was $8477 million. Net income surged according to the latest fillings, jumping in 2020 by around 34.4% adding up to total of $1427.0 million. Besides, profit margin, which levels at 13.2%, shows an improvement, comparing to the previous years.

Fidelity National Financial, Inc. is a leading provider of title insurance and transaction services to the real estate and mortgage industries.

Primerica Inc (PRI)

Brave Warrior Advisors’s stake value: $295.7 Million

Percentage of Brave Warrior Advisors’s 13F Portfolio: 9.4%

Primerica Inc does business in Finance and Insurance sector and has 2230 employees. Current CEO is Glenn Williams.

As of February 16, 2022 Primerica Inc had a market cap of $5.481 Million. Analysts predicted 1 year target price of $177.33 that exceeds the current price of $136.22 for 30.2%. Trailing twelve months P/E ratio is currently 12.63 making it a slightly cheaper stock than the rest of the S&P500 index. Regarding revenue, Primerica Inc generated $2275 million revenue in 2020, mildly increasing of 8.3% in contrast to 2019 when it was $2100 million. Net income was slightly higher than previous year, rising in 2020 by 5.4% totalling $386.164 million. Moreover, the net profit margin, which is 17.0%, has slipped with the comparison with company’s previous years of operation.

Primerica is a leading provider of financial services to middle-income households in the United States and Canada.

Valvoline Inc (VVV)

Brave Warrior Advisors’s stake value: $279.5 Million

Percentage of Brave Warrior Advisors’s 13F Portfolio: 8.9%

Valvoline Inc does business in Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) industry, which is Wholesale Trade sector and has 8800 employees.

As of February 16, 2022 Valvoline Inc had a market cap of $5.936 Million. Analysts predicted 1 year target price of $43.25 that exceeds the current price of $32.87 for 31.6%. Trailing twelve months P/E ratio is currently 14.38 making it a slightly cheaper stock than the rest of the S&P500 index. Looking at revenue, Valvoline Inc generated significant amount of revenue, $2981 million in 2021, surging by 26.7% in comparison to 2020 when it was $2353 million. Net income surged according to the latest fillings, jumping in 2021 by around 32.5% adding up to total of $420.0 million. Further, in 2021, the net profit margin, was at 14.1%, shows an improvement compared the company’s previous years of operation.

Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries.

Apollo Global Mgmt Inc (APO)

Brave Warrior Advisors’s stake value: $242.4 Million

Percentage of Brave Warrior Advisors’s 13F Portfolio: 7.7%

Apollo Global Management Inc does business in Investment Advice industry, which is Finance and Insurance sector and has 1729 employees. Current CEO is Leon Black.

As of February 16, 2022 Apollo Global Mgmt Inc had a market cap of $41.004 Million. Analysts predicted 1 year target price of $86.36 that exceeds the current price of $67.28 for 28.4%. Trailing twelve months P/E ratio is currently 8.21 making it much cheaper stock than the rest of the S&P500 index. If we look at revenue, Apollo Global Mgmt Inc generated low $2220 million revenue in 2020, falling by -21.6% in comparison to 2019 when it was $2833 million. Net income dropped according to the latest fillings, sinking in 2020 by around -81.4% totalling $156.614 million. Lastly, the profit margin, according to the last 10-F stands at 7.1%, has significantly deteriorated in comparison to the company’s previous years of operation.

Apollo is a leading global alternative investment manager.

Conclusion

To conclude, here is the list of the top 5 holdings and most recent financial indicators of these positions as of February 16, 2022.

Stock	% of portfolio	Market Cap (USD)	P/E	Net earnings (USDm)	Net earnings y/y	Profit margin
Anthem Inc (ANTM)	20.2%	110.707B	18.4	6104	33.5%	4.4%
Fidelity National Financial (FNF)	14.4%	13.848B	5.2	1427	34.4%	13.2%
Primerica Inc (PRI)	9.4%	5.481B	12.6	386	5.4%	17.0%
Valvoline Inc (VVV)	8.9%	5.936B	14.4	420	32.5%	14.1%
Apollo Global Mgmt Inc (APO)	7.7%	41.004B	8.2	156	-81.4%	7.1%

Canadians can find the above stocks on Questrade.

Other investors can use Interactive Brokers or eToro.

Disclosure & Disclaimer: Please take into consideration that this is not financial, investing, or tax advice. The information on this website is for informational and recreational purposes only. Before any financial decision do your own due diligence. Some of the links are affiliates, and I may earn a small commission when you make a purchase through them at no additional cost to you.