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’ve also uncovered a number of stocks that superinvestors have sold, or reduced in their portfolios, according to their latest 13f’s. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Selling‘. This week we’ll take a look at:
Fiat Chrysler Automobiles NV (NYSE: FCAU)
Fiat Chrysler Automobiles makes passenger vehicles and light trucks. Its brands include Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Lancia, Maserati, and Ram. The company also owns Comau, which makes industrial robots. Comau is to be separated after the closing of the merger with Peugeot.
A quick look at the price chart below for Fiat Chrysler shows us that the stock is down 14% in the past twelve months.
(Source: Morningstar)
Superinvestors who sold, or reduced Fiat Chrysler stock to their portfolios include:
(Superinvestor – remaining shares)
Jeremy Grantham – 2,648,500 shares
Guy Spier – 760,000 shares
Joel Greenblatt – 86,147 shares
Jim O’Shaughnessy – 73,033 shares
Ruan, Cunniff & Goldfarb – 37,777 shares
Jim Simmons – 0 shares
Mohnish Pabrai – 0 shares
Lee Ainslie – 0 shares
Paul Tudor Jones – 0 shares
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