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:
Wells Fargo & Co (WFC)
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
A quick look at the price chart below for the company shows us that the stock is up 39.73% in the past twelve months.
Source: Google Finance
Superinvestors who reduced, or sold out of the company’s stock, according to their latest 13Fs, include:
(Remaining shares)
Rich Pzena – 17,129,130
Israel Englander – 2,808,799
Donald Yacktman – 2,540,840
Mario Gabelli – 898,244
Tom Russo – 674,969
Cliff Asness – 658,179
Jean-Marie Eveillard – 22,691
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple:
One Comment on “The One Stock That Superinvestors Are Dumping: Is It Time to Sell?”
I rate WFC a hold with 9% and 19% EPS growth for ’25 and ’26 with a 2.3% dividend kicker.