One Stock Superinvestors Are Buying

As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks, whose deeply diversified holdings encompass everything from legacy European energy operations and domestic chemical manufacturers to the holding companies behind major betting sites in India.

While doing this research we’ve also uncovered a number of common stocks that investing gurus have recently bought, or continuing to hold in their portfolios, according to their latest 13f’s. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Buying’. This week we’ll take a look at:

Shell PLC (SHEL)

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 7.9 billion cubic feet of natural gas per day. At year-end 2022, reserves stood at 9.4 billion barrels of oil equivalent, 50% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.7 mmb/d located in the Americas, Asia, Africa, and Europe and sells 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.

A quick look at the price chart below for the company shows us that the stock is up 20.31% in the past twelve months.

SHEL data by YCharts

Superinvestors who recently bought, or continue to hold the stock, according to their latest 13Fs include:

(Shares)

Ken Fisher – 21,907,928

Rich Pzena – 3,878,156

Israel Englander – 3,629,772

Steve Cohen – 3,332,660

Jean-Marie Eveillard – 278,591

Chuck Royce – 70,000

Ken Griffin – 4,434