Was KG Funds Management Right About Visa Inc (V), Mastercard Inc (MA), & Two Other Stocks?

KG Funds Management had a $22.72 million stake in Moody’s Corporation (NYSE:MCO), which contained 209,800 shares at the end of September. The stock returned 16% during the third quarter. Moody’s Corporation (NYSE:MCO) was included in the equity portfolios of 34 funds at the end of June, down by two funds over the quarter. Among these funds, Warren Buffett’s Berkshire Hathaway had the biggest position in Moody’s Corporation (NYSE:MCO), worth close to $2.31 billion. Sitting at the No. 2 spot was Akre Capital Management, managed by Charles Akre, which held a $428.4 million position. Some other professional money managers with similar optimism encompassed John Armitage’s Egerton Capital Limited, Paul Marshall and Ian Wace’s Marshall Wace LLP and Mark Massey’s AltaRock Partners.

Finally, in The Walt Disney Company (NYSE:DIS), KG Funds Management trimmed its position by 7% to 215,000 shares worth $19.96 million during the third quarter. The stake was reduced as the stock lost 4.4% between July and September. At the end of June, 44 funds followed by our team were bullish on The Walt Disney Company (NYSE:DIS), down by 10% over the quarter. Among these funds, Lansdowne Partners amassed the biggest position, which was worth $925.7 million at the end of the second quarter. It was followed by Fisher Asset Management with a $867.2 million stake. In addition, Diamond Hill Capital, Adage Capital Management, and Markel Gayner Asset Management also reported substantial stakes in The Walt Disney Company (NYSE:DIS)

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