Altaba Inc (AABA), Facebook Inc (FB) & Others: 5 Stock Picks From World’s Greatest Investors of All Time

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Let’s start with Altaba Inc (NASDAQ:AABA), which has five billionaire-led funds holding shares. Moreover, out of these five funds, four have Altaba Inc (NASDAQ:AABA) among their top 10 holdings. In the equity portfolios of George Soros’ Soros Fund Management and Steve Cohen’s Point72 Asset Management, Altaba Inc (NASDAQ:AABA) is the second-largest holding, as the funds own stakes worth $185.69 million and $405.21 million, respectively. John Paulson’s Paulson & Co. has a stake worth $251.66 million,while Ken Griffin’s Citadel Investment Group disclosed a $240.26 million position.

Another company among the five stock picks from world’s greatest investors of all time is Time Warner Inc (NYSE:TWX), in which also five funds hold long positions, including Soros Fund Management, Point72 Asset Management. Soros Fund Management holds $104.50 million worth of Time Warner Inc (NYSE:TWX)’s stock, while Point72 Asset Management has a $459.21 million stake that is the largest in its equity portfolio. In Paulson & Co.’s equity portfolio, Time Warner Inc (NYSE:TWX) is on the ninth spot, while Jim Simons’ Renaissance Technologies, Paulson & Co. and Citadel Investment Group, Time Warner Inc (NYSE:TWX) is further down.

Facebook Inc (NASDAQ:FBalso has five billionaires long its stock, with three of them holding the company among its top 10 holdings. Citadel Investment Group has the largest stake in Facebook Inc (NASDAQ:FB), which is worth $793.21 million, according to its last 13F filing. It is followed by David Tepper’s Appaloosa, which reported a $563.87 million position, and Point72 Asset Management with a $217.69 million stake. Soros Fund Management and Bridgewater Associates have much smaller positions in Facebook Inc (NASDAQ:FB), which were valued at $18.70 million and $10.74 million, respectively, at the end of September.

Other tech company that billionaires like is memory-chip maker Micron Technology, Inc. (NASDAQ:MU). Out of five billionaires’ funds that are long Micron Technology, Inc. (NASDAQ:MU), Appaloosa owns the largest stake, which was worth $670.73 million at the end of September and was the largest in the fund’s equity portfolio. In Citadel Investment Group’s 13F, Micron Technology, Inc. (NASDAQ:MU) is on the fifth spot as the fund holds $615.43 million worth of stock. Renaissance Technology disclosed a stake valued at $264.73 million, while in equity portfolios of Point72 Asset Management and Bridgewater Associates, Micron Technology, Inc. (NASDAQ:MU) is represented by stakes worth $60.20 million and $3.93 million, respectively.

Last but not least, there were four billionaire investors bullish on Bank of America Corp (NYSE:BACat the end of September. Among them, Warren Buffett’s Berkshire Hathaway holds by far the largest position, which was valued at $17.21 billion at the end of September. In the equity portfolio of Citadel Investment Group, Bank of America Corp (NYSE:BAC) is also the largest holding – valued at $959.50 million. Two other billionaire funds that like Bank of America Corp (NYSE:BAC) are Renaissance Technologies and Appaloosa, which reported positions worth $139.50 million and $160.39 million, respectively.

These are five stock picks from world’s greatest investors of all time that we selected. Two investors that were not mentioned among the investors in these five companies are Jorge Paulo Lemann’s 3G Capital and Carl Icahn’s Icahn Capital. 3G Capital has several companies in its equity portfolio that have at least three other funds holding shares, such as Comcast Corporation (NASDAQ:CMCSA) and Canadian Pacific Railway Limited (USA) (NYSE:CP), but none of the other funds have these companies among their top 10 holdings. On the other hand, just two of Icahn’s holdings saw at least three funds from our selection long their stock: American International Group Inc (NYSE:AIG) and Paypal Holdings Inc (NASDAQ:PYPL). Other stocks in which there are more than three billionaires holding shares are Microsoft Corporation (NASDAQ:MSFT), International Business Machines Corp. (NYSE:IBM), Amazon.com, Inc. (NASDAQ:AMZN), EQT Corporation (NYSE:EQT), and Allergan plc (NYSE:AGN), among others, but we didn’t include them as they didn’t rank as high in funds’ equity portfolios as the stocks we discussed above.

Disclosure: none

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