Super Investors Are Buying These Stocks

The video introduces 13F filings, quarterly reports from institutional investment managers with over $100 million in assets, which are submitted to the SEC 45 days after the calendar quarter ends. It stresses that these filings offer a delayed snapshot of portfolios, meaning positions can change rapidly. An example is Michael Burry selling United Health, which he added three months prior. The video then briefly reviews the market's performance on a recent Friday, noting the NASDAQ was green, S&P nearly green, and Dow Jones was down. It also mentions key stock movements, including Micron up 4% and PayPal down 4%, and highlights Nvidia's upcoming earnings report.

Bill Ackman's portfolio, with 11 positions and a value of $14.64 billion, is discussed. Uber (20.25%) and Brookfield (19.21%) are the top holdings, both slightly reduced. He also reduced his Google position (voting shares) by 9.68%, making it the third-largest holding. Other significant holdings include Hilton, Chipotle, Amazon, and Restaurant Brands. The analyst notes that Ackman's portfolio didn't experience many major changes this quarter, apart from the Google reduction.

Chuck Akre's Capital Management, with 19 positions and over $10 billion, shows more activity. Mastercard (17.9%) and Brookfield (13.14%) are top holdings, with Mastercard reduced by 4.24%. Visa and Moody's also saw reductions. The top five positions account for almost 60% of the portfolio. Notably, FICO saw a massive 2,751% increase, and Copart increased by 253%. American Tower has been steadily reduced over several quarters, including a 51.6% reduction this quarter.

Daniel Loeb's Third Point has 41 positions valued at $8.3 billion and is described as a very active investor. While top positions like PG&E (9.1%) remain, Loeb increased Amazon and Microsoft (by 175%). He also initiated new positions in a major American freight railroad company (Norfolk Southern Corporation) and Union Pacific. Other significant moves include a 50% increase in Shark Ninja, a 25.2% decrease in Vistra, and a 46.6% increase in Meta. A surprising new position is Core Scientific, a Bitcoin mining company. He also sold out of Workday, Doign, and C Limited.

David Tepper's portfolio still has a significant 15.6% allocation to Alibaba, despite a recent hit due to regulatory concerns. He reduced Amazon by 7.4% but increased Whirlpool by almost 2,000% and Nvidia. AMD and Fiserf were new buys, along with American Airlines and Truist Financial. He significantly reduced United Health by 91.69% and Micron by almost 40%. Tepper completely sold out of Intel and Oracle, which he had bought in previous quarters, demonstrating rapid portfolio adjustments.

Francois Rochon's portfolio holds 52 stocks and is valued at $3.1 billion. Berkshire remains his number one position (8.19%), followed by Meta. He made minor adjustments, often dollar-cost averaging. He added only one new company, ResMed (a medical equipment company specializing in sleep apnea and respiratory conditions). Rochon completely sold out of Starbucks and Bank of America, which were previously larger positions, and also exited small positions in Amazon and Intuitive Surgical.

Howard Marks' Oaktree Capital Management, now fully owned by Brookfield, shows consistent top holdings like TORM (17.6%) and Expand Energy (11.35%). New positions include Viper Energy and Telephone and Data Systems, with a 124% increase in Talend Energy. Interestingly, Core Scientific appears again as a new position, making up 2.4% of the portfolio, despite Marks' cautious stance on AI. He also sold out of City Royalties, Echo Petrol, and several other smaller holdings.

Pat Dorsey's portfolio, with nine positions and $1.11 billion, still includes Danaher Corp as his top holding (15.3%), despite others selling out. He increased his ASML position by 23% but reduced Meta by 21.5%, Autozone, and Google (non-voting shares). A new company added is Royalty Pharma. He completely sold out of Wix and Semrush Holdings. Wix was a position he had been progressively reducing over previous quarters.

Dev Kantarjian's Valley Forge Capital Management has a concentrated portfolio of nine positions valued at $4.1 billion. He is a less active investor, with FICO (27.6%), S&P Global (20.3%), and Mastercard (20.3%) representing the bulk of his holdings. Other significant positions include Moody's (15%) and Visa (7.4%). The portfolio is characterized by high-quality, often monopolistic, companies, offering stability with fewer fluctuations.

Terry Smith's Fundsmith has 35 positions and a value of $19.79 billion, showing considerable activity. He sold out of Choice Hotels, Exponent, Verisk Analytics, and Mastercard. Significant reductions include Meta (56%) and Microsoft (47%). Major additions include Napco Security (86.3%), Intuit (64%), Paycom (26.5%), Zoetis (25.3%), and Catalyst Pharmaceuticals (24%). Stryker Corp is the number one position, followed by Idex, Google, Microsoft, and Visa.

Warren Buffett's Berkshire Hathaway, with 41 positions and a massive $267.3 billion portfolio, continues to reduce its Apple stake (by 14.9%), though Apple remains 22.6% of the portfolio. American Express (18.8%) and Bank of America (11%) also saw small reductions. A surprising new position is Google (1.62%), marking a rare tech investment for Berkshire. They also sold out of DR Horton and reduced Verizon by 32.3%.