As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus 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 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:
Lowe`s Companies Inc (NYSE: LOW)
Lowe’s is the second- largest home improvement retailer in the world, operating about 1,970 stores throughout the United States and Canada. The firm’s stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe’s targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate Lowe’s captures a double-digit share of the domestic home improvement market, based on U.S. Census estimates for market size.
A quick look at the price chart below for Lowe’s shows us that the stock is up 27% in the past twelve months.
(Source: Morningstar)
Superinvestors who recently bought, or continue to hold Lowe’s stock in their portfolios include:
(Shares)
Tom Gayner – 588,680
Ray Dalio – 291,137
Ken Griffin – 129,329
Jim Simons – 97,700
Ken Fisher – 78,872
Louis Bacon – 46,705
Jeremy Grantham – 41,674
Rob Olstein – 36,000
Chuck Royce – 29,000
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