Mastercard Inc (MA), Visa Inc (V), Citigroup Inc (C): Billionaires Are Crazy About These Financial Stocks

On the third spot is Citigroup Inc (NYSE:C), in which a total of 14 billionaires disclosed holding the stock, their aggregate stake amounting to $3.26 billion. However, the overall picture shows that Citigroup is the most popular financial stock among all the funds that we track. During the fourth quarter, a total of 137 funds disclosed holding $11.27 billion worth of Citigroup Inc (NYSE:C)’s stock, up from 131 funds in the previous quarter. Among Citigroup Inc (NYSE:C)’s shareholders are billionaires Dan Loeb of Third Point, who initiated a stake with 20.00 million shares during the fourth quarter, and Ken Fisher of Fisher Asset Management, who holds 11.64 million shares.

In lender Ally Financial Inc (NYSE:ALLY), the number of billionaires holding the stock amounts to 13, and the list includes names like Dan Loeb, Ken Griffin and Israel Englander. Moreover, the company has seen a significant increase in popularity among investors, as a total of 91 funds reported long positions in the company, versus 58 in the previous quarter. Funds that we track hold around $6.29 billion of the company’s stock, which represents more than half of Ally Financial Inc (NYSE:ALLY)’s total value. Engaged in providing financial services for automotive dealers and customers, Ally Financial Inc (NYSE:ALLY) has recently taken a hit from General Motors Company (NYSE:GM), which decided to replace Ally with its own financial arm.

Wells Fargo & Co (NYSE:WFC) comes is as the fifth most popular stock among billionaires, who own $27.25 billion worth of the company’s stock. The largest shareholder of Wells Fargo & Co (NYSE:WFC) is Warren Buffett, who owns 463.46 million shares valued at $25.41 billion, the largest holding in his portfolio. Overall, Wells Fargo was included in the equity portfolios of 78 funds from our database, 10 of which are managed by billionaires. Among other funds holding the stock are Tom Russo‘s Gardner Russo & Gardner with 14.61 million shares, Phill Gross and Robert Atchinson’s Adage Capital Management, and Cliff Asness’ AQR Capital Management, which owned 8.43 million shares and 7.21 million shares respectively.

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