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:
Berkshire Hathaway Inc. Class B (NYSE: BRK.B)
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm’s core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire’s largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.
A quick look at the price chart below for Berkshire Hathaway shows us that the stock is up 3.39% in the past twelve months.
(Source: Morningstar)
Superinvestors who sold, or reduced Berkshire Hathaway stock in their portfolios include:
(Superinvestor – remaining shares)
Bill Gates – 39,912,525 shares
Tom Russo – 2,039,228 shares
Cliff Asness – 1,821,958 shares
Ruane, Cunniff & Goldfarb – 1,105,900 shares
Ken Griffin – 346,162 shares
Murray Stahl – 90,919 shares
Ken Fisher – 67,860 shares
Joel Greenblatt – 56,665 shares
Chuck Akre – 46,506 shares
Donald Yacktman – 27,218 shares
Bill Ackman – Sold Out
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