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 57 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 up 13.63% in the past twelve months.

Source: Google Finance

(Shares)

Rich Pzena – 3,013,220

Warren Buffett – 2,821,879

Ken Griffin – 1,860,453

Steve Romick – 610,632

Jean-Marie Eveillard – 348,503

Steve Cohen – 217,562

Israel Englander – 206,217

Wally Weitz – 135,450

Joel Greenblatt – 31,835