One Stock Superinvestors Are Buying

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:

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 up 12% in the past twelve months.

(Source: Morningstar)

Superinvestors who bought, or added more Visa stock to their portfolios include:

Ken Fisher – 20,979,235 shares

Terry Smith – 6,150,855 shares

Cliff Asness – 1,441,078 shares

David Tepper – 840,000 shares

Jeremy Grantham – 779,142 shares

John Hempton – 406,475 shares

Francois Rochon – 300,144 shares

Ken Griffin – 170,423 shares

Mario Gabelli – 42,631 shares