# What value investors bought and sold in Q3 2017 | moatshark

In Q3 2017, 32 value investors filed 13Fs. The most popular buy was Alphabet, added to by 8 managers (1 buying for the first time), followed by Wells…

## Most bought

| Company | Buyers | New positions | Bought |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 8 | 1 | $1.3bn |
| Wells Fargo & Company (WFC) | 6 | 0 | $132m |
| Visa (V) | 6 | 0 | $124m |
| Liberty Global (LBTYA) | 5 | 1 | $1.3bn |
| Apple (AAPL) | 5 | 0 | $716m |
| Comcast (CMCSA) | 5 | 0 | $120m |
| Union Pacific (UNP) | 5 | 0 | $78.1m |
| Baker Hughes (BKR) | 4 | 4 | $2.2bn |
| DowDuPont | 4 | 4 | $894m |
| Automatic Data Processing (ADP) | 4 | 0 | $832m |
| Microsoft (MSFT) | 4 | 1 | $734m |
| Monsanto | 4 | 1 | $149m |
| Berkshire Hathaway (BRK.B) | 4 | 0 | $61.8m |
| Alibaba Group Holding (BABA) | 4 | 1 | $30.0m |
| KKR & Co | 3 | 0 | $827m |
| General Electric (GE) | 3 | 0 | $759m |
| Capital One Financial (COF) | 3 | 0 | $301m |
| Exxon Mobil (EXMOC) | 3 | 1 | $296m |
| O'Reilly Automotive (ORLY) | 3 | 0 | $282m |
| Meta Platforms (META) | 3 | 0 | $186m |
| Colgate-Palmolive (CL) | 3 | 0 | $156m |
| Verizon Communications (VZ) | 3 | 0 | $52.0m |
| Walt Disney (DIS) | 3 | 0 | $44.9m |
| Moody's (MCO) | 3 | 0 | $22.5m |
| Nike (NKE) | 3 | 0 | $22.5m |
| US Bancorp (USB) | 3 | 0 | $20.5m |
| Mastercard (MA) | 3 | 0 | $7.4m |
| Anadarko Pete (APC) | 2 | 0 | $745m |
| Agrium | 2 | 0 | $274m |
| American International Group (AIG) | 2 | 0 | $239m |

## Most sold

| Company | Sellers | Sold out | Sold |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 7 | 0 | $276m |
| Visa (V) | 6 | 0 | $440m |
| American Express (AXP) | 6 | 0 | $392m |
| Mastercard (MA) | 6 | 0 | $266m |
| Baidu (BIDU) | 5 | 0 | $875m |
| BNY (BK) | 5 | 0 | $662m |
| Berkshire Hathaway (BRK.B) | 5 | 0 | $149m |
| Bank of America (BAC) | 5 | 1 | $116m |
| Carmax (KMX) | 5 | 0 | $65.1m |
| Baker Hughes | 4 | 4 | $3.2bn |
| International Business Machines (IBM) | 4 | 0 | $2.7bn |
| Paypal Holdings (PYPL) | 4 | 1 | $801m |
| Du Pont EI de Nemours & Co | 4 | 4 | $788m |
| Microsoft (MSFT) | 4 | 0 | $617m |
| FedEx (FDX) | 4 | 0 | $357m |
| Wells Fargo & Company (WFC) | 4 | 1 | $310m |
| JPMorgan Chase (JPM) | 4 | 1 | $216m |
| Booking Holdings (BKNG) | 4 | 0 | $132m |
| US Bancorp (USB) | 4 | 0 | $103m |
| Liberty Media (FWONA) | 4 | 1 | $49.5m |
| Diageo (DEO) | 4 | 0 | $13.5m |
| Charter Communications (CHTR) | 3 | 0 | $1.2bn |
| Time Warner (TWX) | 3 | 1 | $918m |
| UnitedHealth Group (UNH) | 3 | 0 | $452m |
| Qualcomm (QCOM) | 3 | 1 | $382m |
| Charles Schwab (SCHW) | 3 | 0 | $307m |
| Danaher (DHR) | 3 | 1 | $256m |
| Oracle (ORCL) | 3 | 0 | $236m |
| General Motors (GM) | 3 | 1 | $188m |
| TJX Companies (TJX) | 3 | 0 | $142m |

## Most widely held

| Company | Managers | Value held | Largest weight |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 16 | $14bn | 15.4% |
| Visa (V) | 15 | $5.1bn | 7.5% |
| Wells Fargo & Company (WFC) | 12 | $34bn | 56.9% |
| Berkshire Hathaway (BRK.B) | 12 | $6.6bn | 42.2% |
| Mastercard (MA) | 11 | $5.9bn | 11.0% |
| US Bancorp (USB) | 10 | $5.4bn | 4.9% |
| American Express (AXP) | 9 | $18bn | 7.7% |
| Microsoft (MSFT) | 9 | $7.4bn | 7.9% |
| Moody's (MCO) | 9 | $5.1bn | 31.0% |
| Baidu (BIDU) | 9 | $3.3bn | 18.1% |
| Union Pacific (UNP) | 9 | $2.5bn | 4.6% |
| Bank of America (BAC) | 8 | $24bn | 37.8% |
| Apple (AAPL) | 8 | $22bn | 11.6% |
| Comcast (CMCSA) | 8 | $8.4bn | 24.5% |
| Johnson & Johnson (JNJ) | 8 | $1.0bn | 8.1% |
| BNY (BK) | 7 | $9.0bn | 9.1% |
| Goldman Sachs Group (GS) | 7 | $6.5bn | 2.6% |
| Liberty Global (LBTYA) | 7 | $5.5bn | 11.4% |
| International Business Machines (IBM) | 7 | $5.5bn | 3.3% |
| JPMorgan Chase (JPM) | 7 | $5.0bn | 9.3% |
| Charles Schwab (SCHW) | 7 | $4.7bn | 15.1% |
| General Electric (GE) | 7 | $3.9bn | 13.2% |
| Automatic Data Processing (ADP) | 7 | $2.9bn | 18.8% |
| Liberty Media (FWONA) | 7 | $2.8bn | 5.0% |
| Booking Holdings (BKNG) | 7 | $2.7bn | 5.8% |
| Carmax (KMX) | 7 | $2.4bn | 10.4% |
| Philip Morris International (PM) | 7 | $2.3bn | 8.0% |
| Pepsico (PEP) | 7 | $1.0bn | 8.9% |
| Exxon Mobil (EXMOC) | 7 | $959m | 6.4% |
| Kraft Heinz (KHC) | 6 | $25bn | 14.2% |
| Mondelez International (MDLZ) | 6 | $3.1bn | 27.3% |
| Express Scripts Holding | 6 | $2.6bn | 2.0% |
| Meta Platforms (META) | 6 | $2.2bn | 8.2% |
| 3M Company (MMM) | 6 | $1.7bn | 5.3% |
| Monsanto | 6 | $1.2bn | 2.4% |
| Costco Wholesale (COST) | 6 | $954m | 2.5% |
| Alibaba Group Holding (BABA) | 6 | $834m | 8.6% |
| Walt Disney (DIS) | 6 | $501m | 9.8% |
| S&P Global (SPGI) | 6 | $200m | 28.9% |
| Coca-Cola (KO) | 5 | $18bn | 10.1% |

Source: SEC filings, via moatshark (https://www.moatshark.com/q/2017-q3). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.