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:
Comcast Corporation (NASDAQ: CMCSA)
Comcast is made up of three parts. The core cable business owns networks capable of providing television, Internet access, and phone services to roughly 60 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in exclusive and proprietary content to build this position. The firm is also the largest pay-television provider in Italy and has a presence in Germany and Austria.
A quick look at the price chart below for Comcast shows us that the stock is up 42% in the past twelve months.
(Source: Morningstar)
Superinvestors who reduced, or sold out of Comcast stock include:
(Remaining Shares)
Jean-Marie Eveillard – 30,382,352
Steve Romick – 9,869,170
Mason Hawkins – 4,852,595
Mario Gabelli – 1,108,970
Cliff Asness – 898,967
Ken Griffin – 851,752
Jim Simons – 564,222
Joel Greenblatt – 73,379
Lee Ainslie – 14,442
Andreas Halvorsen – SOLD OUT
Chris Cole – SOLD OUT
Keith Meister – SOLD OUT
John Hussman – SOLD OUT
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