---
title: 13F filings, Q1 2016
canonical: https://sweetvaluelab.com/investors/13f/2016-q1
quarter: 2016-03-31
deadline: 2016-05-16
filed: 2016-05-18
---
# 13F filings, Q1 2016

Holdings as of Mar 31, 2016, due by May 16, 2016. 70 of 85 tracked investors have filed; changes are computed for the 70 with holdings in both Q1 2016 and the quarter before. Stock positions only.

## New buys

| Security | Investors | Value |
| --- | ---: | ---: |
| WTW (first appearance: spin-off or new listing) | 8 | $2.8B |
| CB (first appearance: spin-off or new listing) | 8 | $716.8M |
| BROADCOM LTD (first appearance: spin-off or new listing) | 4 | $1.9B |
| META | 3 | $2.5B |
| AAPL | 3 | $1.1B |
| BAXALTA INC | 3 | $706.1M |
| YAHOO INC | 3 | $551.0M |
| JD | 3 | $455.0M |
| MANITOWOC FOODSERVICE (first appearance: spin-off or new listing) | 3 | $419.4M |
| LOW | 3 | $236.1M |

## Sold out

| Security | Investors | Value sold |
| --- | ---: | ---: |
| PRECISION CASTPARTS CORP | 9 | $2.3B |
| WILLIS GROUP HOLDINGS PUBLIC | 7 | $2.8B |
| ACE LTD | 6 | $583.7M |
| CHUBB CORP | 5 | $51.3M |
| C | 4 | $226.8M |
| UPLEUR | 4 | $42.6M |
| IBM | 4 | $33.8M |
| AAPL | 3 | $5.0B |
| VALEANT PHARMACEUTICALS INTL | 3 | $1.4B |
| AVAGO TECHNOLOGIES LTD | 3 | $1.3B |

## Net bought

| Security | Buyers / sellers | Net |
| --- | ---: | ---: |
| META | 11 / 4 | +$2.9B |
| WTW | 8 / 0 | +$2.8B |
| BROADCOM LTD | 4 / 0 | +$1.9B |
| PSX | 3 / 5 | +$1.2B |
| LLY | 3 / 2 | +$882.3M |
| BAC | 9 / 4 | +$735.3M |
| CB | 8 / 0 | +$716.8M |
| E M C CORP MASS | 6 / 3 | +$711.1M |
| ALLERGAN PLC | 6 / 6 | +$643.6M |
| GS | 8 / 1 | +$639.9M |

## Net sold

| Security | Buyers / sellers | Net |
| --- | ---: | ---: |
| PG | 3 / 10 | −$4.7B |
| AAPL | 14 / 11 | −$4.3B |
| WILLIS GROUP HOLDINGS PUBLIC | 0 / 7 | −$2.8B |
| PRECISION CASTPARTS CORP | 0 / 9 | −$2.3B |
| PEP | 6 / 10 | −$2.1B |
| BROADCOM CORP | 0 / 2 | −$2.0B |
| MSFT | 7 / 18 | −$1.9B |
| SNPUSD | 0 / 1 | −$1.8B |
| APD | 4 / 1 | −$1.6B |
| S76 | 0 / 1 | −$1.6B |

## Selected investors

| Investor | Largest moves |
| --- | --- |
| Buffett (Berkshire Hathaway Inc) | reduced PG −$4.3B; sold T −$1.6B; added PSX +$1.2B; bought AAPL +$1.1B; sold PRECISION CASTPARTS CORP −$974.6M |
| Burry (Scion Asset Management, LLC) | bought TLRDQ +$7.2M; sold IBM −$6.9M; bought AMGN +$6.0M; sold MENS WEARHOUSE INC −$5.9M; sold ACE LTD −$5.8M |
| Druckenmiller (Duquesne Family Office LLC) | reduced AMZN −$67.0M; bought KO +$64.4M; reduced META −$57.8M; bought PM +$54.4M; bought SO +$52.6M |
| Soros (Soros Fund Management LLC) | bought ABX +$263.7M; reduced SYF −$194.0M; sold LEVEL 3 COMMUNICATIONS INC −$173.4M; sold DOW CHEM CO −$161.2M; reduced CYEUR −$140.1M |
| Bridgewater (Bridgewater Associates, LP) | sold BCE −$29.7M; sold VIAB −$27.3M; reduced EXC −$26.3M; reduced AAPL −$24.1M; reduced M −$23.4M |
| Ackman (Pershing Square Inc.) | reduced APD −$1.9B; reduced MDLZ −$819.4M; bought NOMD +$300.3M; added VALEANT PHARMACEUTICALS INTL +$131.5M; added QSR +$44.5M |
| Klarman (Baupost Group LLC) | added E M C CORP MASS +$602.4M; bought ALLERGAN PLC +$461.4M; bought INVA +$249.5M; sold THERAVANCE INC −$208.9M; reduced PYPL −$156.3M |
| Tepper (Appaloosa LP) | added ENERGY TRANSFER PRTNRS L P +$356.5M; reduced GM −$320.6M; added WILLIAMS PARTNERS L P NEW +$222.2M; bought META +$185.7M; bought SYF +$143.9M |

Not filed for Q1 2016: Li Lu (last: none), Duan Yongping (last: none), Henry Ellenbogen (last: none), Valley Forge (last: none), Clifford Sosin (last: none), Leon Cooperman (last: 2014-06-30), Bryan Lawrence (last: none), Pat Dorsey (last: none), AKO Capital (last: none), Hillman Capital (last: 2013-12-31), Greg Alexander (last: none), Dennis Hong (last: none), Samantha McLemore (last: none), Robert Vinall (last: none), Josh Tarasoff (last: none).

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Source: https://sweetvaluelab.com/investors/13f/2016-q1 (SweetValueLab, free, no account). Holdings from SEC Form 13F-HR filings; tickers resolved from CUSIPs; share changes priced at each quarter's reported value. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.