As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus 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 common stocks that investing gurus have bought, or hold in their portfolios, according to their latest 13f’s. So we’re now providing a new weekly feature article called ‘This One Stock Is Popular With Investing Gurus’. This week we’ll take a look at:
Raytheon Technologies Corp (NYSE: RTX)
Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to the commercial aerospace manufactures and to the defense market as a prime and subprime contractor. The company operates in four segments: Pratt & Whitney, an engine manufacturer, Collins Aerospace, which is a diversified aerospace supplier, and intelligence, space and airborne systems, a mix between a sensors business and a government IT contractor, and integrated defense and missile systems, a defense prime contractor focusing on missiles and missile defense hardware.
A quick look at the price chart below for Raytheon Technologies shows us that the stock is down 28% in the past twelve months.
(Source: Morningstar)
Investing gurus who bought, or hold Raytheon Technologies stock in their portfolios include:
Chris Davis – 11,266,678 shares
Ken Fisher – 5,211,652 shares
Jeremy Grantham – 2,228,943 shares
Jim Simons – 1,211,746 shares
Israel Englander – 890,797 shares
Tom Gayner – 224,000 shares
Mario Gabelli – 154,707 shares
Rob Olstein – 50,000 shares
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