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 Or Holding‘ which features one stock that appears in a number of superinvestor portfolos, and who’s buying it, or holding it. This week we’ll take a look at:
Alibaba Group Holding Ltd – ADR (NYSE: BABA)
Alibaba is the world’s largest online and mobile commerce company, measured by GMV (CNY 5.7 trillion/$846 billion for the fiscal year ended March 2019). It operates China’s most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba’s China marketplaces accounted for 68% of revenue in fiscal 2019, with Taobao generating revenue through advertising and other merchant data services and Tmall deriving revenue from commission fees. Additional revenue sources include international retail/wholesale marketplaces (7%), cloud computing (7%), digital media and entertainment platforms (6%), Cainiao logistics services (4%), and innovation initiatives/other (1%). Mobile GMV accounted for roughly 85% of consolidated GMV in fiscal 2019.
A quick look at the price chart below for Alibaba shows us that the stock is up 27% in the past twelve months.
(Source: Morningstar)
Superinvestors who currently hold positions in Alibaba include:
Ken Fisher – 13,264,349 shares
Stephen Mandel – 6,336,587 shares
Chase Coleman – 4,491,662 shares
Cliff Asness – 3,628,282 shares
Chris Davis – 3,580,944 shares
David Tepper – 2,265,000 shares
Lee Ainslie – 1,497,784 shares
Steve Cohen – 725,716 shares
Steve Romick – 481,662 shares
Jim Simons – 457,872 shares
Stanley Druckenmiller – 412,105 shares
Howard Marks – 390,681 shares
Charles Brandes – 340,185 shares
Ken Griffin – 319,075 shares
Bill Miller – 304,100 shares
Ray Dalio – 278,156 shares
Jonathon Soros – 90,000 shares
Mario Gabelli – 2,015 shares
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