Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

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. Each quarter, WhaleWisdom tracks the stocks that were most bought and sold during the quarter, so here are some of the most popular stocks in the fourth quarter.

• Walt Disney Co DIS was the hottest stock in the quarter, with 12 funds increasing their stakes and six funds selling.
• Paypal Holdings Inc PYPL was another top stock pick among fund managers, with the number of buyers outnumbering the number of sellers four-to-one.
• Alphabet, Inc. GOOG GOOGL was the most popular FANG stock in the quarter, but David Tepper was among the Alphabet sellers.
• Several fund managers made major adjustments to their ETF positions, including Tepper selling the XOP ETF. Smith and Buffett bought the SPY, while Soros sold it.
• Tech stocks remained popular among fund managers, but they were mostly selling Facebook, Inc. FB in the fourth 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 Q4 Buys/Increases:

• DXC Technology Co DXC
• Chemours Co CC

Notable Q4 Sells/Reductions:

Altice USA Inc ATUS
• The Medicines Company MDCO
• Dillard's, Inc. DDS
• Voya Financial Inc VOYA
• Tempur Sealy International Inc TPX
• AerCap Holdings N.V. AER

David Tepper’s Appaloosa Management

Notable Q4 Buys/Increases:

• Alibaba Group Holding Ltd - ADR BABA
• Micron Technology, Inc. MU
• Amazon.com, Inc. AMZN
• Intelsat SA I

Notable Q4 Sells/Reductions:

• SPDR S&P Oil & Gas Explore & Prod. XOP
• Boeing Co BA
• PG&E Corporation PCG
• Alphabet Inc GOOG GOOGL

Leon Cooperman’s Omega Advisors

Notable Q4 Buys/Increases:

• DuPont de Nemours, Inc. DD
• Energy Transfer LP ET
• Ferro Corporation FOE
• Workday Inc WDAY
• Amazon.com, Inc. AMZN

Notable Q4 Sells/Decreases:

Twin River Worldwide Holdings Inc TRWH
• CHIMERA INVT CO CIM
• Marathon Petroleum Corp MPC

Barry Rosenstein’s Jana Partners

Notable Q4 Buys/Increases:

• Wright Medical Group NV WMGI

Notable Q4 Sells/Reductions:

• Callaway Golf Co ELY
• Bloomin' Brands Inc BLMN
• Axalta Coating Systems Ltd AXTA
• Zimmer Biomet Holdings Inc ZBH

• Jeff Smith’s Starboard Value

Notable Q4 Buys/Increases:

SPDR S&P 500 ETF Trust SPY
• NortonLifeLock Inc NLOK
• Medtronic PLC MDT
• eBay Inc EBAY
• Aecom ACM
• Cerner Corporation CERN

Notable Q4 Sells/Reductions:

Perrigo Company PLC PRGO
• RPM International Inc. RPM
• iShares Russell 2000 Value Index IWN
• MGM Resorts International MGM
• iShares Russell Midcap Index Fund IWR

Warren Buffett’s Berkshire Hathaway

Notable Q4 Buys/Increases:

• Kroger Co KR
• Biogen Inc BIIB
• SPDR S&P 500 ETF Trust SPY
• VANGUARD IX FUN/S&P 500 ETF SHS NEW VOO
• General Motors Company GM

Notable Q4 Sells/Reductions:

• Wells Fargo & Co WFC
• Goldman Sachs Group Inc GS
• Apple Inc. AAPL

George Soros’ Soros Fund Management

Notable Q4 Buys/Increases:

Activision Blizzard, Inc. ATVI
• Tiffany & Co. TIF
• Campbell Soup Company CPB
• Boeing Co BA

Notable Q4 Sells/Reductions:

eBay Inc EBAY
• Peloton Interactive Inc PTON
• Financial Select Sector SPDR Fund XLF
• SPDR S&P 500 ETF Trust SPY

Carl Icahn’s Icahn Capital

Notable Q4 Buys/Increases:

• Icahn Enterprises LP Common Stock IEP
• Hertz Global Holdings Inc HTZ

Notable Q4 Sells/Reductions:

Occidental Petroleum Corporation OXY
• Freeport-McMoRan Inc FCX

• Bill Ackman’s Pershing Square Capital

Notable Q4 Buys/Increases:

• Howard Hughes Corp HHC
• Agilent Technologies Inc A

Notable Q4 Sells/Reductions:

• Starbucks Corporation SBUX

John Paulson’s Paulson & Co.

Notable Q4 Buys/Increases:

• ViacomCBS Inc VIAC
• Pretium Resources Inc PVG
• Tech Data Corp TECD
• Tiffany & Co. TIF
• Sprint Corp S

Notable Q4 Sells/Decreases:

• United Technologies Corporation UTX
• LYFT Inc LYFT
• PG&E Corporation PCG

Related Links:

Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

What Is The Buffett Indicator?