---
title: 13F filings, Q4 2016
canonical: https://sweetvaluelab.com/investors/13f/2016-q4
quarter: 2016-12-31
deadline: 2017-02-14
filed: 2017-06-15
---
# 13F filings, Q4 2016

Holdings as of Dec 31, 2016, due by Feb 14, 2017. 73 of 85 tracked investors have filed; changes are computed for the 69 with holdings in both Q4 2016 and the quarter before. Stock positions only.

## New buys

| Security | Investors | Value |
| --- | ---: | ---: |
| BAC | 8 | $1.4B |
| LIBERTY INTERACTIVE CORP (first appearance: spin-off or new listing) | 8 | $140.7M |
| LEXEA (first appearance: spin-off or new listing) | 8 | $82.1M |
| ADNT (first appearance: spin-off or new listing) | 5 | $639.5M |
| CVS | 5 | $448.6M |
| MOSANTO CO NEW | 4 | $1.1B |
| ALLERGAN PLC | 4 | $184.9M |
| LGF/BEUR (first appearance: spin-off or new listing) | 4 | $5.7M |
| TWXCHF | 3 | $625.9M |
| PNC | 3 | $508.9M |

## Sold out

| Security | Investors | Value sold |
| --- | ---: | ---: |
| LIBERTY INTERACTIVE CORP | 9 | $276.9M |
| KMI | 4 | $769.2M |
| BIIB | 4 | $143.3M |
| MSM | 4 | $141.0M |
| ST JUDE MED INC | 3 | $258.4M |
| HD | 3 | $178.1M |
| LMT | 3 | $163.6M |
| VMWEUR | 3 | $146.2M |
| BERKSHIRE HATHAWAY INC DEL | 3 | $122.2M |
| EXPRESS SCRIPTS HLDG CO | 3 | $79.7M |

## Net bought

| Security | Buyers / sellers | Net |
| --- | ---: | ---: |
| AAPL | 7 / 14 | +$3.8B |
| DAL | 2 / 6 | +$2.6B |
| LUV | 3 / 4 | +$1.9B |
| UAL | 2 / 3 | +$1.8B |
| BMY | 3 / 2 | +$1.3B |
| AAL | 2 / 3 | +$1.2B |
| DOW CHEM CO | 2 / 2 | +$951.1M |
| CMG | 2 / 1 | +$866.5M |
| MOSANTO CO NEW | 4 / 4 | +$809.3M |
| PNR | 1 / 2 | +$803.5M |

## Net sold

| Security | Buyers / sellers | Net |
| --- | ---: | ---: |
| BUD | 0 / 4 | −$1.3B |
| Pentair PLC | 0 / 1 | −$921.0M |
| BRK/B | 5 / 13 | −$888.1M |
| WMT | 3 / 9 | −$887.5M |
| DE | 2 / 2 | −$839.7M |
| APD | 1 / 6 | −$801.4M |
| VZ | 5 / 4 | −$789.6M |
| BAC | 9 / 13 | −$768.3M |
| KMI | 1 / 4 | −$760.6M |
| BAKER HUGHES INC | 0 / 5 | −$734.0M |

## Selected investors

| Investor | Largest moves |
| --- | --- |
| Buffett (Berkshire Hathaway Inc) | added AAPL +$4.9B; added DAL +$2.6B; bought LUV +$2.2B; sold DE −$1.8B; added UAL +$1.8B |
| Druckenmiller (Duquesne Family Office LLC) | bought HAL +$56.3M; bought C +$55.1M; bought WFC +$52.9M; sold BABA −$49.8M; bought LYB +$48.8M |
| Soros (Soros Fund Management LLC) | bought KEGEUR +$59.1M; bought CAMP 1.625 05/15/20 +$53.8M; sold ABX −$50.5M; sold BRCD 1.375 01/01/20 −$50.5M; reduced LBRDK −$42.7M |
| Bridgewater (Bridgewater Associates, LP) | added TAP +$27.4M; bought UNH +$26.2M; bought AETNA INC NEW +$23.4M; sold BMY −$21.1M; reduced INTC −$20.7M |
| Ackman (Pershing Square Inc.) | added CMG +$878.5M; sold ZTS −$141.3M; reduced APD −$69.1M; reduced VALEANT PHARMACEUTICALS INTL −$50.5M; reduced PLATFORM SPECIALTY PRODS COR −$22.4M |
| Klarman (Baupost Group LLC) | added ALLERGAN PLC +$300.4M; reduced LNG −$253.4M; sold PYPL −$204.8M; added TWENTY FIRST CENTY FOX INC +$179.2M; bought MCK +$140.4M |
| Tepper (Appaloosa LP) | added ALLERGAN PLC +$639.1M; bought TEVA +$183.2M; added PNC +$156.6M; bought PFE +$156.2M; bought MYLAN N V +$124.9M |
| Loeb (Third Point LLC) | sold ALLERGAN PLC −$871.7M; bought JPM +$453.0M; bought BAC +$386.8M; bought TWXCHF +$289.6M; sold BABA −$275.1M |

Not filed for Q4 2016: Burry (last: 2016-09-30), Duan Yongping (last: none), Henry Ellenbogen (last: none), Clifford Sosin (last: none), Leon Cooperman (last: 2014-06-30), Bryan Lawrence (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-q4 (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.