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:
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 23% in the past twelve months.
(Source: Morningstar)
Superinvestors who recently bought, or continue to hold Facebook Inc stock in their portfolios include:
(Shares)
Terry Smith – 6,440,136
Ken Fisher – 4,951,148
Chris Davis – 3,189,141
Ken Griffin – 2,945,493
Seth Klarman – 1,547,000
Steve Romick – 1,397,649
Jeremy Grantham – 1,338,649
David Abrams – 1,205,043
Dan Loeb – 1,000,000
Li Lu – 572,600
Bill Miller – 332,285
Wally Weitz – 286,900
Louis Bacon – 278,919
Stanley Druckenmiller – 272,488
Francois Rochon – 234,295
Tom Gayner – 147,803
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