Many superinvestors transactions have been released lately. Let's take a look at the most revelating transactions, in my opinion.
He added a lot to his Apple position. The stock now represents 11,5% of Berkshire Hathaway. That's huge. To me, Buffett seems to be late to the party. But who am I to judge Warren Buffett's picks?
IBM dropped to about 7% of Berkshire Hathaway. Buffet sold about 20% of his position.
The other transactions are related to small positions (which would however be huge in absolute numbers for another investor).
Akre added 22% to his Moody's position. The stock now represents almost 11% of Akre Capital Management. He also added to his Mastercard position (now 10% of his fund) and to his Visa position (now 7,2% of his fund). The other transactions were light, on small positions. That Akre guy is surely worth following.
Ackman didn't buy anything. He sold 13% of his Mondelez position and 41% of his Air Products and Chemicals position. He probably had some great plan, like selling for tax purposes. That's such a great idea to sell stocks for that reason. What a fucking misundersood genius.
My god, Einhorn increased his General Motors position by 316% (now 31% of Greenlight Capital). You may say he's stupid but you couldn't say that he's not a guy of conviction. And he reduced his Apple stake by 31% (now 9% of the fund).
Carl Icahn: He did nothing that interesting. He should have said to himself: "Icahn do better at the next quarter". LOL. That's a joke for you, fragile people who don't like to read the word "cunt".
I'm still bored with these superinvestors transactions that could be resumed that way: Buy Apple, Sell Apple. And sometimes, buy strange stuff like oil companies, energy companies and buy random shit. I really despise many of them, except for Buffett, Akre and a couple others.
To conclude, let's take a look at some Giverny Capital transactions of the quarter ended 31th of march 2017:
Visa: up 7% (now 4,9% of the US portfolio)
Markel: up 5% (now 4,8% of the US portfolio)
O'Reilly: up7% (now 3,8% of the portfolio)
GOOG: up 29% (now 3,1% of the portfolio) please note that GOOGL is 0,8% of the portfolio
Heico: up 87% (now 2,6% of the portfolio)
Five Below: new position (0,04% of the portfolio)
Hanesbrand: new position (0,04% of the portfolio)
Southwest Airlines: new position (0,04% of the portfolio)
Buffalo Wild Wings: sold
Knight Transportation: sold