The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest
and most successful investors have been buying and selling.
Takeaways From 13F Season
Investors who follow particular fund managers can easily look up what each was buying and selling in the quarter, but other
investors may be more interested in overall themes from 13F filings. Overall, it appears fund managers were doing more buying than
selling of popular tickers.
- Altaba, the holding company with stakes in Alibaba and Yahoo Japan, fell out of favor with institutional investors, with
Einhorn, Loeb and Tepper all selling in Q1.
- Fund managers were mostly buying Apple in Q1, led by Warren Buffett.
- Loeb and Coleman were both buying cloud plays Salesforce and Microsoft.
- Among the FANG stocks, managers were most bullish on Facebook, but Loeb and Coleman were selling Alphabet.
- Big bank stocks were a hit in Q1, with a number of fund managers, led by George Soros, buying or adjusting positions in the
quarter.
Here’s a rundown of how the smart money was playing some of the most popular stocks last quarter.
David Einhorn’s Greenlight Capital
Notable Q1 Buys/Increases:
-
Paypal Holdings, Inc. (NASDAQ: PYPL)
Notable Q1 Sells/Decreases:
-
Under Armour Inc (NYSE: UAA)
-
General Motors (NYSE: GM)
-
Altaba Inc (NASDAQ: AABA)
-
Twitter, Inc. (NYSE: TWTR)
-
J C Penney (NYSE: JCP)
-
Lowe’s Companies, Inc. (NYSE: LOW)
-
Apple, Inc. (NASDAQ: AAPL)
Dan Loeb’s Third Point
Notable Q1 Buys/Increases:
-
Microsoft Corporation (NASDAQ: MSFT)
-
Salesforce.com, Inc. (NYSE: CRM)
-
Facebook, Inc. (NASDAQ: FB)
-
Wynn Resorts, Limited (NASDAQ: WYNN)
-
Adobe Systems Incorporated (NASDAQ: ADBE)
Notable Q1 Sells/Reductions:
-
Alphabet Inc (NASDAQ: GOOGL)
-
Alibaba Group Holding Ltd (NYSE: BABA)
- Altaba
Nelson Peltz’s Trian Partners
Notable Q1 Buys/Increases:
-
Bank of New York Mellon Corp (NYSE: BK)
Notable Q1 Sells/Reductions:
-
Mondelez International (NASDAQ: MDLZ)
-
Wendys Co (NASDAQ: WEN)
Chase Coleman’s Tiger Global
Notable Q1 Buys/Increases:
-
Sunrun, Inc (NASDAQ: RUN)
- Salesforce.com
-
Netflix, Inc. (NASDAQ: NFLX)
- Microsoft
-
Fiat Chrysler Automobiles NV (NYSE: FCAU)
- Facebook
Notable Q1 Sells/Reductions:
-
Comcast Corporation (NYSE: CMCSA)
- Alphabet
Warren Buffett’s Berkshire Hathaway
Notable Q1 Buys/Increases:
- Apple
-
Monsanto Company (NYSE: MON)
-
Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA)
-
U.S. Bancorp (NYSE: USB)
- Bank of New York Mellon
-
Delta Air Lines, Inc. (NYSE: DAL)
Notable Q1 Sells/Reductions:
-
International Business Machines Corp. (NYSE: IBM)
-
Graham Holdings Co (NYSE: GHC)
-
Wells Fargo & Co (NYSE: WFC)
-
Phillips 66 (NYSE: PSX)
-
Charter Communications Inc (NASDAQ: CHTR)
-
Liberty Global PLC (NASDAQ: LBTYA)
-
United Continental Holdings Inc (NYSE: UAL)
George Soros’ Soros Fund Management
Notable Q1 Buys/Increases:
-
Bank of America Corp (NYSE: BAC)
-
American Express Company (NYSE: AXP)
-
Goldman Sachs Group, Inc. (NYSE: GS)
-
JPMorgan Chase & Co. (NYSE: JPM)
-
Citigroup Inc (NYSE: C)
- Wells Fargo
-
Morgan Stanley (NYSE: MS)
-
Metlife Inc (NYSE: MET)
-
American International Group Inc (NYSE: AIG)
Notable Q1 Sells/Reductions:
-
Overstock.com Inc (NASDAQ: OSTK)
-
3M Co (NYSE: MMM)
-
QUALCOMM, Inc. (NASDAQ: QCOM)
- Twitter
-
General Electric Company (NYSE: GE)
-
Southwest Airlines Co (NYSE: LUV)
Carl Icahn’s Icahn Capital
Notable Q1 Buys/Increases:
-
Newell Brands Inc (NYSE: NWL)
Notable Q1 Sells/Reductions:
-
Xerox Corp (NYSE: XRX)
-
Manitowoc Company Inc (NYSE: MTW)
-
Freeport-McMoRan Inc (NYSE: FCX)
- American International Group
Bill Ackman’s Pershing Square Capital
Notable Q1 Buys/Increases:
-
United Technologies Corporation (NYSE: UTX)
Notable Q1 Sells/Reductions:
-
Nike Inc (NYSE: NKE)
-
Restaurant Brands International Inc (NYSE: QSR)
-
Automatic Data Processing (NASDAQ: ADP)
- Mondelez International
-
Howard Hughes Corp (NYSE: HHC)
Leon Cooperman’s Omega Advisors
Notable Q1 Buys/Increases:
-
Discovery Communications (NASDAQ: DISCA)
-
DISH Network Corp (NASDAQ: DISH)
- Citigroup
-
Bristol-Myers Squibb Co (NYSE: BMY)
Notable Q1 Sells/Decreases:
-
Expedia Group Inc (NASDAQ: EXPE)
- Wells Fargo
- Facebook
-
CBS Corporation (NYSE: CBS)
David Tepper’s Appaloosa Management
Notable Q1 Buys/Increases:
- Facebook
-
NVIDIA Corporation (NASDAQ: NVDA)
- Wells Fargo
- Alphabet
Notable Q1 Sells/Decreases:
- Bank of America
- Apple
- Altaba
- Alibaba
Related Links:
Form 13F: What
It Is And Why It's Important
Buffett
Still Bearish On Bitcoin: 'The Asset Itself Is Creating Nothing'
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