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:

Interpublic Group of Companies Inc (NYSE: IPG)

Interpublic Group is among the world’s largest ad holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 75% of its revenue from developed regions such as the United States and Europe.

A quick look at the price chart below for the company shows us that the stock is up 55% in the past twelve months.

(Source: Morningstar)

Superinvestors who reduced, or sold out of the company’s stocks include:

(remaining shares)

John Rogers – 8,621,883

Mario Gabelli – 1,281,584

Cliff Asness – 447,604

Louis Bacon – 147,996

Joel Greenblatt – 131,819

Jeremy Grantham – 86,802

Israel Englander – 69,809

Charles Brandes – 69,590

Paul Tudor Jones – SOLD OUT