Which Superinvestors Hold Acquirer’s Multiple Stocks?

Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

Charter Communications Inc. (CHTR)

Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 35% of the country. Across this footprint, Charter serves 29 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

A quick look at the price chart below shows us that the stock is down 2.55% in the past twelve months.

Source: Google Finance

(Shares)

Warren Buffett – 3,828,941

Rich Pzena – 3,013,220

Ken Griffin – 1,156,754

Steve Romick – 610,632

Andreas Halvorsen – 438,601

Jean-Marie Eveillard – 348,501

Wally Weitz – 142,950

Ray Dalio – 41,399

Joel Greenblatt – 27,993