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:
General Motors Company (NYSE: GM)
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company remains the market leader in the U.S. with 17.3% share in 2020. GM Financial became the company’s captive finance arm in October 2010 via the purchase of AmeriCredit.
A quick look at the price chart below for General Motors Co. shows us that the stock is up 150% in the past twelve months.
(Source: Morningstar)
Superinvestors who reduced, or sold out of General Motors Co. include:
(Remaining shares)
Warren Buffett – 67,000,000
Steve Cohen – 800,140
Israel Englander – 779,144
Joel Greenblatt – 158,291
Robert Olstein – 129,000
Mario Gabelli – 61,425
Murray Stahl – 29,825
Lee Ainslie – 21,207
Jim Simons – SOLD OUT
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