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:
Citigroup Inc (NYSE: C)
Citigroup is a global financial services company doing business in more than 100 countries and jurisdictions. Citigroup’s operations are organized into two primary segments: the global consumer banking segment, which provides basic branch banking around the world, and the institutional clients group, which provides large customers around the globe with investment banking, cash management, and other products and services.
A quick look at the price chart below for Citigroup shows us that the stock is up 61% in the past twelve months.
(Source: Morningstar)
Superinvestors who reduced, or sold out of Citigroup include:
(Remaining shares)
Jeffrey Ubben – 20,745,704
Steve Romick – 5,088,721
Cliff Asness – 1,819,776
Jeremy Grantham – 1,731,660
Ken Griffin – 1,057,684
Israel Englander – 542,029
Jim O’Shaughnessy – 482,344
Mario Gabelli – 300,905
Francis Chou – 57,695
Joel Greenblatt – 21,845
Lee Ainslie – 2,729
Stan Druckenmiller – SOLD OUT
Louis Bacon – SOLD OUT
Steve Cohen – SOLD OUT
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