One Stock Superinvestors Are Selling

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