Q3 13F Roundup: How Buffett, Einhorn, Paulson, And Others Adjusted Their Portfolio

The latest round of 13-F 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 selling than buying of popular tickers.

• Alphabet fell out of favor with both Loeb and Coleman.
• Coleman and Paulson also took profits in Amazon, but Soros added to his stake.
• Einhorn, Soros and Paulson were all dumping Apple, but the Oracle of Omaha, Warren Buffett, was adding to his stake.
• Paulson and Icahn both sold AIG in the quarter.
• Loeb, Soros and Paulson all dialed back exposure to T-Mobile.

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 Q3 Buys/Increases:

• Dollar Tree, Inc. DLTR
• Kroger Co KR
• Micron Technology, Inc. MU
• Hewlett Packard Enterprise Co HPE

Notable Q3 Sells/Decreases:

• General Motors Company GM
• Apple Inc. AAPL
• Rite Aid Corporation RAD
• Alcoa Corp AA

Dan Loeb’s Third Point

Notable Q3 Buys/Increases:

• Alibaba Group Holding Ltd BABA
• Marathon Petroleum Corp MPC
• Vulcan Materials Company VMC

Notable Q3 Sells/Reductions:

• Alphabet Inc GOOG GOOGL
• Bank of America Corp BAC
• Humana Inc HUM
• Time Warner Inc TWX
• T-Mobile US Inc TMUS

Barry Rosenstein’s Jana Partners

Notable Q3 Buys/Increases:

• Zayo Group Holdings Inc ZAYO
• Axalta Coating Systems Ltd AXTA
• Jack in the Box Inc. JACK

Notable Q3 Sells/Reductions:

• Blue Apron Holdings Inc APRN
• Hewlett Packard Enterprise
• Home Depot Inc HD
• Pandora Media Inc P
• Salesforce.com, Inc. CRM

Chase Coleman’s Tiger Global

Notable Q3 Buys/Increases:

• Roku Inc ROKU
• Facebook Inc FB
• Netflix, Inc. NFLX
• Restaurant Brands International Inc QSR

Notable Q3 Sells/Reductions:

• Alphabet, Inc.
• Amazon.com, Inc. AMZN
• Barclays PLC (ADR) BCS
• JD.Com Inc (ADR) JD

Warren Buffett’s Berkshire Hathaway

Notable Q3 Buys/Increases:

• Bank of America
• Apple
• Synchrony Financial SYF
• Monsanto Company MON

Notable Q3 Sells/Reductions:

• International Business Machines Corp. IBM
• Wells Fargo & Co WFC
• Charter Communications, Inc. CHTR
• WABCO Holdings Inc. WBC

George Soros’ Soros Fund Management:

Notable Q3 Buys/Increases:

• Amazon.com
• Alcoa
• Coty Inc COTY

Notable Q3 Sells/Reductions:

• Apple
• Altice USA Inc ATUS
• Snap Inc SNAP
• T-Mobile
• Wendys Co WEN

John Paulson’s Paulson & Company

Notable Q3 Buys/Increases:

• Dish Network Corp DISH

Notable Q3 Sells/Reductions:

• Apple
• Amazon
• Facebook
• T-Mobile
• FedEx Corporation FDX
• Allergan plc Ordinary Shares AGN
• American International Group Inc AIG

Carl Icahn’s Icahn Capital

Notable Q3 Buys/Increases:

• Paypal Holdings Inc PYPL

Notable Q3 Sells/Reductions:

• American International Group
• Freeport McMoRan Inc FCX
• eBay Inc EBAY

Bill Ackman’s Pershing Square Capital

Notable Q3 Buys/Increases:

• Automatic Data Processing ADP

Notable Q3 Sells/Reductions:

• Nomad Foods Limited Ordinary Shares NOMD
• Restaurant Brands International
• Mondelez International Inc MDLZ

Related Links:

Jim Chanos Adds To Tesla Short, Thinks Musk Will Step Down By 2020

A Detailed Look Into Daniel Loeb's Stock Portfolio