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:

UnitedHealth Group Inc (NYSE: UNH)

UnitedHealth Group is one of the largest private health insurers in the United States, providing medical benefits to 48 million members in the U.S. and internationally at the end of 2020. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth’s continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

A quick look at the price chart below for the company shows us that the stock is up 34% in the past twelve months.

(Source: Morningstar)

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

(Remaining shares)

Dodge & Cox – 4,274,705

Stephen Mandel – 2,296,087

Sequoia Fund – 1,870,694

Jeremy Grantham – 1,530,765

Ken Fisher – 1,392,898

Eric Schoenstein – 1,262,066

Cliff Asness – 830,577

Israel Englander – 685,252

Glenn Greenberg – 221,661

Chris Davis – 178,719

Robert Olstein – 11,000

Andreas Halvorsen – SOLD OUT