The Undervalued Stock That Superinvestors Are Loading Up On

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:

JPMorgan Chase & Co (JPM)

JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $3.9 trillion in assets. It is organized into four major segments–consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.

A quick look at the price chart below for the company shows us that the stock is up 36.69% in the past twelve months.

JPM data by YCharts

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

(Shares)

Ken Fisher – 11,836,898

Edgar Wachenheim – 4,723,504

Tom Gayner – 252,550

Ken Griffin – 75,674

Joel Greenblatt – 57,925

Francois Rochon – 36,773

Wally Weitz – 23,500