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 bought, or added more to their portfolios, according to their latest 13f’s. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Buying‘. 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 71% in the past twelve months.
(Source: Morningstar)
Superinvestors who bought, or added more Alibaba stock to their portfolios include:
Ken Fisher – 13,549,626 shares
Cliff Asness – 3,787,696 shares
David Tepper – 3,375,000 shares
Jeremy Grantham – 2,103,273 shares
Jim Simons – 1,974,700 shares
Steve Cohen – 1,604,621 shares
Ray Dalio – 950,598 shares
Ken Griffin – 911,914 shares
Louis Bacon – 741,647 shares
Steve Romick – 484,524 shares
Stanley Druckenmiller – 434,601 shares
Charles Brandes – 341,420 shares
Chris Davis – 250,000 shares
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