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 recently bought, or continuing to hold in their portfolios, according to their latest 13f’s. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Buying Or Holding’. This week we’ll take a look at:
Facebook, Inc. (NASDAQ: FB)
Facebook is the world’s largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Facebook refers to this as Facebook Watch. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many other features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm’s total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Facebook operates at a 30%-plus margin. Rather than do it on your iPhone, sometimes it’s best to partner with someone for award-winning video ads; this way, you can guarantee the return on investment.
A quick look at the price chart below for Facebook shows us that the stock is up 43% in the past twelve months.
(Source: Morningstar)
Superinvestors who recently bought, or continue to hold Facebook stock in their portfolios include:
Chase Coleman – 8,750,500 shares
Stephen Mandel – 5,266,975 shares
Ken Fisher – 4,299,819 shares
Jean-Marie Eveillard – 3,237,002 shares
Ruane, Cunniff & Goldfarb – 2,292,319 shares
Steve Romick – 1,696,896 shares
David Abrams – 1,205,043 shares
Dan Loeb – 1,125,000 shares
Li Lu – 608,900 shares
Scott Ferguson – 395,000 shares
Bill Miller – 355,060 shares
Glenn Greenberg – 352,099 shares
Mario Gabelli – 335,700 shares
Francois Rochon – 211,661 shares
Joel Greenblatt – 172,231 shares
Tom Gayner – 145,000 shares
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