---
title: 13F filings, Q3 2016
canonical: https://sweetvaluelab.com/investors/13f/2016-q3
quarter: 2016-09-30
deadline: 2016-11-14
filed: 2017-06-15
---
# 13F filings, Q3 2016

Holdings as of Sep 30, 2016, due by Nov 14, 2016. 70 of 85 tracked investors have filed; changes are computed for the 70 with holdings in both Q3 2016 and the quarter before. Stock positions only.

## New buys

| Security | Investors | Value |
| --- | ---: | ---: |
| JCI (first appearance: spin-off or new listing) | 6 | $2.4B |
| BABA | 5 | $1.5B |
| DELL TECHNOLOGIES INC (first appearance: spin-off or new listing) | 5 | $963.6M |
| WMB | 4 | $566.7M |
| V | 4 | $271.5M |
| GOOG | 4 | $243.4M |
| FTV (first appearance: spin-off or new listing) | 4 | $168.4M |
| COMMERCEHUB INC (first appearance: spin-off or new listing) | 4 | $8.1M |
| COMMERCEHUB INC (first appearance: spin-off or new listing) | 4 | $4.0M |
| BAC | 3 | $482.4M |

## Sold out

| Security | Investors | Value sold |
| --- | ---: | ---: |
| E M C CORP MASS | 7 | $4.0B |
| TYCO INTL PLC | 4 | $2.1B |
| JOHNSON CTLS INC | 4 | $458.7M |
| PXDEUR | 4 | $409.8M |
| GD | 4 | $82.6M |
| LIBERTY GLOBAL PLC | 4 | $63.2M |
| NWL | 3 | $495.3M |
| LOW | 3 | $367.7M |
| MAS | 3 | $126.6M |
| AETNA INC NEW | 3 | $124.1M |

## Net bought

| Security | Buyers / sellers | Net |
| --- | ---: | ---: |
| JCI | 6 / 0 | +$2.4B |
| BRK/B | 6 / 11 | +$1.3B |
| BABA | 7 / 2 | +$1.2B |
| ADVANCEPIERRE FOODS HLDGS IN | 2 / 0 | +$1.2B |
| EBAY | 2 / 4 | +$1.1B |
| DELL TECHNOLOGIES INC | 5 / 0 | +$963.6M |
| APC3EUR | 3 / 1 | +$916.2M |
| EXPE | 2 / 0 | +$859.7M |
| TV | 4 / 1 | +$807.3M |
| AAL | 1 / 3 | +$787.0M |

## Net sold

| Security | Buyers / sellers | Net |
| --- | ---: | ---: |
| E M C CORP MASS | 0 / 7 | −$4.0B |
| WMT | 2 / 10 | −$2.5B |
| TYCO INTL PLC | 0 / 4 | −$2.1B |
| MSFT | 8 / 16 | −$1.8B |
| ALLERGAN PLC | 3 / 6 | −$1.5B |
| NOC | 0 / 4 | −$932.2M |
| ZTS | 1 / 4 | −$889.3M |
| APD | 1 / 3 | −$858.6M |
| AMZN | 3 / 5 | −$825.9M |
| SYMCEUR | 2 / 2 | −$765.5M |

## Selected investors

| Investor | Largest moves |
| --- | --- |
| Buffett (Berkshire Hathaway Inc) | reduced WMT −$2.0B; bought AAL +$797.0M; sold SU −$617.7M; bought DAL +$249.3M; bought UAL +$237.8M |
| Burry (Scion Asset Management, LLC) | bought COTY +$12.9M; sold NXRT −$11.1M; sold THERAVANCE BIOPHARMA INC −$7.4M; sold AMGN −$6.1M; bought GORES HLDGS INC +$3.2M |
| Druckenmiller (Duquesne Family Office LLC) | sold HAL −$98.6M; reduced META −$95.5M; bought BABA +$49.8M; bought MRK +$42.7M; bought Broadcom Ltd +$34.8M |
| Soros (Soros Fund Management LLC) | sold CIEN 0.875 06/15/17 −$203.7M; bought WMB +$97.5M; sold POLYCOM INC −$89.2M; sold NT 2.125 04/15/14 −$86.5M; bought TIVOEUR +$80.3M |
| Bridgewater (Bridgewater Associates, LP) | sold ABX −$45.1M; added AAPL +$25.5M; added INTC +$20.2M; bought SWN1EUR +$20.1M; added MSFT +$18.7M |
| Ackman (Pershing Square Inc.) | sold CANADIAN PAC RY LTD −$1.3B; reduced ZTS −$959.9M; reduced APD −$537.6M; bought CMG +$234.7M |
| Klarman (Baupost Group LLC) | sold E M C CORP MASS −$1.5B; bought SYF +$491.8M; bought DELL TECHNOLOGIES INC +$318.0M; sold C −$219.0M; bought NORTHSTAR ASSET MGMT GROUP I +$128.2M |
| Tepper (Appaloosa LP) | bought META +$190.4M; reduced NXPI −$139.6M; reduced GOOG −$122.8M; reduced LUV −$112.9M; bought AAPL +$90.4M |

Not filed for Q3 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-q3 (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.