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 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.
A quick look at the price chart below for Facebook shows us that the stock is up 53% in the past twelve months.
(Source: Morningstar)
Superinvestors who recently bought, or continue to hold Facebook stock include:
(Shares)
Terry Smith – 6,433,648
Ken Fisher – 4,751,259
Israel Englander – 4,184,885
Jean-Marie Eveillard – 3,519,470
Ken Griffin – 3,072,036
David Tepper – 2,011,000
Lee Ainslie – 1,620,942
Seth Klarman – 1,297,000
Steve Cohen – 1,133,025
Andreas Halvorsen – 1,031,928
Bill Miller – 354,432
Wally Weitz – 286,900
Francois Rochon – 219,590
Tom Gayner – 146,643
Jonathon Soros – 95,000
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