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:
Goldman Sachs Group Inc (NYSE: GS)
Goldman Sachs is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (40%), asset management (25%), and consumer and wealth management (15%) segments. Approximately 60% of the company’s net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa. In 2008, Goldman reorganized itself as a financial holding company regulated by the Federal Reserve System.
A quick look at the price chart below for Goldman Sachs shows us that the stock is up 111% in the past twelve months.
(Source: Morningstar)
Superinvestors who reduced, or sold out of Goldman Sachs stock include:
(Remaining Shares)
Edgar Wachenheim – 2,666,847
David Booth – 2,335,061
Wells Fargo – 1,904,356
Rich Pzena – 731,988
John Rogers – 278,459
Jim Simons – 228,400
Ken Griffin – 166,187
Israel Englander – 78,939
Jeremy Grantham – 77,103
Joel Greenblatt – 21,636
Steve Cohen – SOLD OUT
Tweedy Browne – SOLD OUT
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