One Stock Superinvestors Are Buying

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’. This week we’ll take a look at:

Meta Platforms Inc (META)

Meta is the world’s largest online social network, with 3.7 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. 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 more than 45% coming from the U.S. and Canada and over 20% from Europe.

A quick look at the price chart below for the company shows us that the stock is down 21% in the past twelve months.

Superinvestors who recently bought, or continue to hold the stock, according to their latest 13Fs include:

(Shares)

Jean-Marie Eveillard – 5,826,660

David Abrams – 2,176,734

Steve Romick – 1,471,908

Wally Weitz – 492,800

Francois Rochon – 270,786

Tom Gayner – 228,017

Rich Pzena – 6,268