One Stock Superinvestors Are Buying (5)

As part of the weekly research here at The Acquirer’s Multiple we’re always interested in superinvestors who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.

While doing this research we also uncovered a number of superinvestors that currently hold stocks that don’t appear in our screens at the moment. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Buying‘ which features one stock that appears in a number of superinvestor portfolos, and who’s buying it. This week we’ll take a look at:

Visa Inc (NYSE: V)

Visa is the largest payment processor in the world. In fiscal 2019, it processed almost $9 trillion in purchase transactions. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.

A quick look at the price chart below for Visa shows us that the stock is down 4% in the past twelve months.

(Source: Morningstar)

Superinvestors who currently hold positions in Visa include:

Ken Fisher – 20,202,815 shares

Warren Buffett – 10,562,460 shares

Terry Smith – 6,415,516 shares

Chuck Akre – 4,887,270 shares

Dan Loeb – 1,500,000 shares

Cliff Asness – 1,460,846 shares

Tom Gayner – 955,150 shares

Jim Simons – 893,500 shares

Jeremy Grantham – 764,483 shares

Steve Cohen – 562,411 shares

Tom Russo – 495,011 shares

Wally Weitz – 488,300 shares

Ken Griffin – 378,509 shares

John Hempton – 312,847 shares

Mario Gabelli – 247,200 shares