Superinvestors Q1/2022 summary

With the ending of 2022 Q2, let us take a look at the portfolios of the super investors.  Let us know and understand their biggest purchases and sales from Q1/2022.

As always, I encourage all of us to do our own due diligence before investing.  As always, do not leverage, spend within your means and invest what you can afford to lose.

Cloning of super investors?

We should not blindly copy the trades of these super investors. I suggest that we use this list as a filter, from which we qualify each stock of interest.  Our homework will bring the necessary conviction and resolve - helping us to decide on buying, holding or selling at times of panic and euphoria.  As we each have different risk-reward tolerance, investing time horizons and different expertise with different sectors, let us be disciplined to invest within our domains (Charlie Munger & Warren Buffett would call this "circle of competence").  

This list is only based on what is reported via the 13F of these super investors for their USA holdings.  Thus, this is not comprehensive as the super investors have invested in other countries and non-listed private businesses.

Explanation of term: * "Hold Price" is the last known price at which an investor still held a security. It is the closing price of the security as of the portfolio date (quarter-end). This value is only provided when a security is owned by at least two investors. In the case of reporting dates being different, a weighted average price is calculated.

In the list above, we noted the top purchases amongst the super investors from Q1/2022.  The top few stocks are Meta (ex Facebook), Microsoft, Google, and Amazon.  

The list above shows the most sold stocks of the super investors in Q1/2022.  The top few stocks include Alibaba, Seritage Growth Properties and also Amazon.  It is interesting to note that Amazon, Meta and Google appeared in both the list of top Q1/2022 purchases and sales.  Amongst the super investors, they seem to view these stocks differently.

From the list above, the top sectors (in terms of % of total holdings) are financials, technologies and consumer discretionary.  At the same time, the least popular sectors (in terms of % of total holdings) are Real Estate, Communication services and consumer cyclical.

The top 3 most owned stocks by % are Micron, Google and Microsoft.  It is not surprising to note that both Berkshire A & B stocks are amongst the top 10.  With annualized returns of over 20%, Berkshire stocks could be better holdings than most ETFs.

The list above shows the stocks with the biggest holding in the portfolio of some super investors.  To qualify for this list of "big bet", the stock must be owned by at least 2 super investors.  It is interesting to note that there are super investors whose portfolio are heavily weighted to the following stocks:

Micron at over 99% of his US portfolio - in this case, the super investor is Mohnish Pabrai. 

Berkshire (B shares) at over 51% of his US portfolio

Atlas at over 48%.

Few names of interest from this list includes Atlas Corp, IAC/InterActive Corp and Ally Financial Inc which are over 36% weightage in some of the super investor's portfolio.

The list above shows the top buys from Q1/2022 and from 2 quarters comprising of Q4/2021 & Q1/2022.

Some interesting names of top buys in % from last quarter (Q1/2022) are BRC, Carvana, Coupang, Sea Ltd and Warner Bros Discovery Inc.

Some interesting names of top buys in % from the last 2 quarters (Q4/2021 & Q1/2022) are BRC, Carvana, Coupang, General Dynamics and Fiserv.

 

The list above shows the stocks with the most insider buys.  Some of the stocks of interest include SoFi Technologies, and Texas Pacific Land.  Insider buys are usually bullish signals but let us not skip our due diligence before investing.

The above are some of the super investors used in this update (from a total of 78).

Conclusion

The above are list compiled from some of the 78 super investors from Dataroma website.  Let us not treat this as investment advice but let us do our own due diligence before adding any of these to our portfolio.  The dragging out of the Ukraine war, the global supply chain challenges, inflation, and the fuel & food crisis have cast a dark recessionary shadow over the global economy.   While we cannot time the market (for its top or bottom), I am shortlisting the stocks of great companies.  I am setting aside "cash for crash" to buy some later at better discounts.