# What value investors bought and sold in Q2 2016 | moatshark

In Q2 2016, 29 value investors filed 13Fs. The most popular buy was Visa, added to by 8 managers, followed by Liberty Global and Liberty Media.

## Most bought

| Company | Buyers | New positions | Bought |
| --- | --- | --- | --- |
| Visa (V) | 8 | 0 | $205m |
| Liberty Global (LBTYA) | 6 | 0 | $634m |
| Liberty Media (FWONA) | 6 | 3 | $477m |
| Alphabet (GOOG) | 6 | 0 | $133m |
| Walt Disney (DIS) | 6 | 1 | $10.9m |
| Apple (AAPL) | 5 | 0 | $554m |
| Carmax (KMX) | 5 | 1 | $487m |
| Union Pacific (UNP) | 5 | 1 | $307m |
| Wells Fargo & Company (WFC) | 5 | 0 | $299m |
| Charter Communications (CHTR) | 4 | 3 | $5.3bn |
| Allergan (ACT) | 4 | 1 | $1.1bn |
| Comcast (CMCSA) | 4 | 1 | $624m |
| Baidu (BIDU) | 4 | 1 | $564m |
| National Oilwell Varco (NOV) | 4 | 1 | $265m |
| JPMorgan Chase (JPM) | 4 | 1 | $159m |
| Pepsico (PEP) | 4 | 0 | $118m |
| BNY (BK) | 4 | 0 | $101m |
| Microsoft (MSFT) | 4 | 0 | $55.0m |
| S&P Global (SPGI) | 4 | 4 | $40.9m |
| Mastercard (MA) | 4 | 0 | $18.1m |
| JD.com (JD) | 3 | 0 | $351m |
| Herc Holdings (HRI) | 3 | 3 | $328m |
| Goldman Sachs Group (GS) | 3 | 0 | $280m |
| Harley-Davidson (HOG) | 3 | 0 | $228m |
| Meta Platforms (META) | 3 | 0 | $225m |
| Grupo Televisa (TV) | 3 | 0 | $142m |
| American Express (AXP) | 3 | 0 | $125m |
| Berkshire Hathaway (BRK.B) | 3 | 0 | $121m |
| Texas Instruments (TXN) | 3 | 0 | $114m |
| Johnson & Johnson (JNJ) | 3 | 1 | $87.6m |

## Most sold

| Company | Sellers | Sold out | Sold |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 7 | 0 | $248m |
| Berkshire Hathaway (BRK.B) | 7 | 0 | $172m |
| General Electric (GE) | 6 | 1 | $269m |
| Microsoft (MSFT) | 6 | 1 | $184m |
| Wal-Mart Stores (WMT) | 5 | 0 | $1.2bn |
| Du Pont EI de Nemours & Co | 5 | 0 | $109m |
| Mcgraw Hill Financial | 5 | 5 | $38.2m |
| Time Warner Cable | 4 | 4 | $7.1bn |
| Bausch Health Companies (BHC) | 4 | 2 | $893m |
| Bank of America (BAC) | 4 | 3 | $240m |
| Halliburton (HAL) | 4 | 1 | $227m |
| Paypal Holdings (PYPL) | 4 | 0 | $214m |
| International Business Machines (IBM) | 4 | 1 | $114m |
| Medtronic (MDT) | 4 | 0 | $95.0m |
| Visa (V) | 4 | 0 | $92.8m |
| Mastercard (MA) | 4 | 0 | $88.4m |
| Pfizer (PFE) | 4 | 1 | $79.5m |
| ConocoPhillips (COP) | 4 | 0 | $53.6m |
| American Express (AXP) | 4 | 1 | $52.9m |
| Philip Morris International (PM) | 4 | 0 | $51.4m |
| Comcast (CMCSA) | 4 | 0 | $50.4m |
| Goldman Sachs Group (GS) | 4 | 0 | $23.4m |
| Phillips 66 (PSX) | 4 | 1 | $21.0m |
| Charles Schwab (SCHW) | 4 | 0 | $15.2m |
| US Bancorp (USB) | 4 | 0 | $13.6m |
| Procter & Gamble (PG) | 4 | 1 | $11.2m |
| Merck & Co. (MRK) | 4 | 1 | $9.7m |
| Chevron (CVX) | 4 | 0 | $4.0m |
| Pepsico (PEP) | 4 | 0 | $396k |
| Intel (INTC) | 3 | 0 | $1.1bn |

## Most widely held

| Company | Managers | Value held | Largest weight |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 14 | $9.3bn | 16.2% |
| Visa (V) | 13 | $3.6bn | 7.6% |
| Berkshire Hathaway (BRK.B) | 12 | $6.6bn | 33.4% |
| Wells Fargo & Company (WFC) | 11 | $30bn | 67.3% |
| US Bancorp (USB) | 11 | $4.2bn | 5.0% |
| Johnson & Johnson (JNJ) | 11 | $1.1bn | 10.9% |
| Mastercard (MA) | 10 | $3.9bn | 8.3% |
| American Express (AXP) | 9 | $13bn | 7.1% |
| Microsoft (MSFT) | 9 | $8.3bn | 26.3% |
| Comcast (CMCSA) | 9 | $7.1bn | 25.8% |
| General Electric (GE) | 9 | $4.0bn | 22.4% |
| Goldman Sachs Group (GS) | 8 | $4.8bn | 2.2% |
| JPMorgan Chase (JPM) | 8 | $4.7bn | 9.8% |
| Charles Schwab (SCHW) | 8 | $3.7bn | 13.2% |
| Apple (AAPL) | 8 | $2.6bn | 9.6% |
| Union Pacific (UNP) | 8 | $2.4bn | 4.3% |
| Philip Morris International (PM) | 8 | $2.0bn | 8.9% |
| Pepsico (PEP) | 8 | $663m | 7.5% |
| Walt Disney (DIS) | 8 | $389m | 9.9% |
| International Business Machines (IBM) | 7 | $13bn | 13.5% |
| BNY (BK) | 7 | $6.6bn | 11.9% |
| American International Group (AIG) | 7 | $4.6bn | 11.9% |
| Oracle (ORCL) | 7 | $4.1bn | 5.1% |
| Liberty Global (LBTYA) | 7 | $3.6bn | 12.7% |
| Baidu (BIDU) | 7 | $2.3bn | 4.1% |
| Carmax (KMX) | 7 | $1.8bn | 8.0% |
| Exxon Mobil (EXMOC) | 7 | $134m | 7.3% |
| Kraft Heinz (KHC) | 6 | $29bn | 22.2% |
| Charter Communications (CHTR) | 6 | $7.9bn | 36.1% |
| Wal-Mart Stores (WMT) | 6 | $5.3bn | 2.3% |
| Mondelez International (MDLZ) | 6 | $3.8bn | 25.5% |
| Twenty First Centy Fox | 6 | $3.7bn | 11.7% |
| Moody's (MCO) | 6 | $2.9bn | 7.6% |
| National Oilwell Varco (NOV) | 6 | $2.3bn | 2.0% |
| Paypal Holdings (PYPL) | 6 | $2.2bn | 10.7% |
| Du Pont EI de Nemours & Co | 6 | $1.7bn | 11.9% |
| Liberty Interactive | 6 | $1.4bn | 1.2% |
| Liberty Media (FWONA) | 6 | $1.4bn | 1.8% |
| Automatic Data Processing (ADP) | 6 | $1.3bn | 5.1% |
| 3M Company (MMM) | 6 | $1.3bn | 5.4% |

Source: SEC filings, via moatshark (https://www.moatshark.com/q/2016-q2). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.