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:
Intuit Inc. (NASDAQ: INTU)
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.
A quick look at the price chart below for the company shows us that the stock is up 14% in the past twelve months.
(Source: Morningstar)
Superinvestors who reduced, or sold out of the company’s stocks include:
(Remaining shares)
Terry Smith – 3,732,877
Nick Train – 1,555,906
Eric Schoenstein – 732,589
Cliff Asness – 291,208
Dev Kantesaria – 196,071
Ken Griffin – 80,375
Israel Englander – 77,793
Chase Coleman – 52,190
Cathie Wood – 44,119
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