The Undervalued Stock That Superinvestors Are Loading Up On

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, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.

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. This week we’ll take a look at:

WESCO International Inc. (WCC)

Wesco International, Inc. is an American publicly traded Fortune 500 holding company for Wesco Distribution, a multinational electrical distribution and services company based in Pittsburgh, Pennsylvania. Wesco International, Inc. provides electrical, industrial, communications, maintenance, repair, and operating, original equipment manufacturer products, construction materials, and shipping. In 2023, its total revenue was approximately $22 billion. The company employs approximately 20,000 employees and 30,000 suppliers to serve more than 150,000 active customers worldwide. Wesco customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers, and utilities. Wesco operates ten fully automated distribution centers and 500 branches in North American and international markets.

A quick look at the price chart below for the company shows us that the stock is up  32.53% in the past twelve months.

Source: Google Finance

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

(Shares)

Seth Klarman – 1,258,000

Steve Cohen – 495,442

Israel Englander – 442,960

Rich Pzena – 228,819

Alex Roepers – 194,000

Jean-Marie Eveillard – 28,858

Marty Whitman – 14,739

Lee Ainslie – 12,921