ETFs For Investing Like Prince Alwaleed

Prince Alwaleed Bin Talal, the Saudi prince that many U.S. investors are familiar with due to a stake in Citigroup C that makes him the largest individual shareholder of the No. 3 U.S. bank by assets, was out with positive comments on Citi over the weekend. That's no surprise. The prince has been a Citi shareholder for about two decades now, investing in the bank when it was on the brink of collapse not once, but twice. That got us thinking: What are some ETFs that can be used to replicate the prince's investment style? After all, with a net worth of almost $20 billion, Forbes ranked him as the 26th richest person in the world in March. Of course, all of that net worth is not tied to Citigroup. Quite the contrary. The prince has been called the Arabian Warren Buffett so we went over some of Kingdom Holding Co.'s other equity investments to piece together an ETF portfolio that can help you invest just like the prince. 1) Financial Select Sector SPDR XLF: Obviously. 2) Technology Select Sector SPDR XLK: For some reason, it hardly ever gets mentioned, but the prince invested in Apple AAPL in 1995 and Kingdom Holding also has a stake in Hewlett-Packard HPQ. 3) PowerShares Dynamic Media ETF PBS: The prince owns stakes in News Corp. NWS, Time Warner TWX and Walt Disney DIS. 4) Consumer Staples Select Sector SPDR XLP: Like Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B), Kingdom Holding is a Procter & Gamble PG shareholder. 5) PowerShares Dynamic Food & Beverage ETF PBJ: Berkshire owns shares of Coca-Cola KO, but the prince has opted for rival PepsiCo PEP.
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Posted In: Long IdeasNewsSector ETFsBroad U.S. Equity ETFsShort IdeasMovers & ShakersGlobalIntraday UpdateTrading IdeasETFsPrince Alwaleed bin TalalWarren Buffett
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