# What value investors bought and sold in Q3 2018 | moatshark

In Q3 2018, 32 value investors filed 13Fs. The most popular buy was Apple, added to by 7 managers (3 buying for the first time), followed by Meta…

## Most bought

| Company | Buyers | New positions | Bought |
| --- | --- | --- | --- |
| Apple (AAPL) | 7 | 3 | $143m |
| Meta Platforms (META) | 6 | 0 | $236m |
| General Electric (GE) | 5 | 1 | $839m |
| Baidu (BIDU) | 5 | 0 | $122m |
| Berkshire Hathaway (BRK.B) | 5 | 0 | $31.1m |
| Alphabet (GOOG) | 5 | 0 | $17.5m |
| JPMorgan Chase (JPM) | 4 | 1 | $4.0bn |
| US Bancorp (USB) | 4 | 0 | $1.3bn |
| Booking Holdings (BKNG) | 4 | 1 | $869m |
| Pg&E (PCG) | 4 | 1 | $865m |
| Liberty Global (LBTYA) | 4 | 1 | $495m |
| Charles Schwab (SCHW) | 4 | 2 | $256m |
| United Technologies (UTXZ) | 4 | 0 | $78.9m |
| Moody's (MCO) | 4 | 1 | $66.8m |
| Wells Fargo & Company (WFC) | 4 | 0 | $64.6m |
| Walt Disney (DIS) | 4 | 0 | $39.1m |
| Bank of America (BAC) | 3 | 0 | $5.8bn |
| Microsoft (MSFT) | 3 | 1 | $1.4bn |
| Goldman Sachs Group (GS) | 3 | 0 | $1.1bn |
| BNY (BK) | 3 | 0 | $694m |
| JD.com (JD) | 3 | 0 | $263m |
| Dentsply Sirona (XRAY) | 3 | 1 | $259m |
| Taiwan Semiconductor Manufacturing (TSM) | 3 | 2 | $254m |
| Citigroup (C) | 3 | 1 | $175m |
| State Street (STT) | 3 | 1 | $153m |
| KKR & Co. (KKR) | 3 | 3 | $110m |
| Colgate-Palmolive (CL) | 3 | 0 | $107m |
| Comcast (CMCSA) | 3 | 0 | $85.9m |
| Pepsico (PEP) | 3 | 0 | $76.9m |
| Alibaba Group Holding (BABA) | 3 | 1 | $59.6m |

## Most sold

| Company | Sellers | Sold out | Sold |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 10 | 0 | $811m |
| Visa (V) | 9 | 0 | $166m |
| Mastercard (MA) | 8 | 0 | $559m |
| Wells Fargo & Company (WFC) | 7 | 2 | $827m |
| Microsoft (MSFT) | 6 | 0 | $542m |
| American Express (AXP) | 6 | 0 | $476m |
| Berkshire Hathaway (BRK.B) | 6 | 0 | $87.2m |
| Booking Holdings (BKNG) | 5 | 1 | $35.9m |
| Oracle (ORCL) | 4 | 0 | $594m |
| Capital One Financial (COF) | 4 | 1 | $501m |
| Meta Platforms (META) | 4 | 0 | $377m |
| Union Pacific (UNP) | 4 | 0 | $154m |
| Comcast (CMCSA) | 4 | 0 | $132m |
| Charles Schwab (SCHW) | 4 | 0 | $64.6m |
| O'Reilly Automotive (ORLY) | 4 | 0 | $15.4m |
| Altaba (AABA) | 3 | 1 | $4.6bn |
| Bank of America (BAC) | 3 | 0 | $653m |
| HCA Healthcare (HCA) | 3 | 0 | $562m |
| Johnson Controls International (JCI) | 3 | 0 | $492m |
| JPMorgan Chase (JPM) | 3 | 0 | $455m |
| National Oilwell Varco (NOV) | 3 | 0 | $327m |
| UnitedHealth Group (UNH) | 3 | 0 | $276m |
| ConocoPhillips (COP) | 3 | 0 | $174m |
| Automatic Data Processing (ADP) | 3 | 1 | $159m |
| Wal-Mart Stores (WMT) | 3 | 1 | $126m |
| Grupo Televisa (TV) | 3 | 1 | $120m |
| Schlumberger (SLB) | 3 | 1 | $118m |
| KKR & Co | 3 | 3 | $117m |
| BNY (BK) | 3 | 0 | $86.7m |
| Charter Communications (CHTR) | 3 | 0 | $73.3m |

## Most widely held

| Company | Managers | Value held | Largest weight |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 16 | $19bn | 19.0% |
| Visa (V) | 15 | $6.3bn | 8.6% |
| Berkshire Hathaway (BRK.B) | 12 | $6.8bn | 38.6% |
| Mastercard (MA) | 11 | $7.4bn | 13.8% |
| Meta Platforms (META) | 11 | $4.2bn | 9.5% |
| Wells Fargo & Company (WFC) | 10 | $31bn | 52.5% |
| American Express (AXP) | 10 | $21bn | 7.3% |
| Apple (AAPL) | 9 | $58bn | 25.8% |
| Microsoft (MSFT) | 9 | $10.0bn | 9.3% |
| JPMorgan Chase (JPM) | 9 | $8.0bn | 8.6% |
| US Bancorp (USB) | 9 | $7.8bn | 4.6% |
| Moody's (MCO) | 9 | $6.2bn | 20.6% |
| Bank of America (BAC) | 8 | $32bn | 42.5% |
| Comcast (CMCSA) | 8 | $7.6bn | 6.3% |
| Liberty Global (LBTYA) | 8 | $5.6bn | 8.6% |
| Charles Schwab (SCHW) | 8 | $4.8bn | 12.2% |
| Booking Holdings (BKNG) | 8 | $3.8bn | 5.4% |
| Union Pacific (UNP) | 8 | $3.4bn | 5.1% |
| Liberty Media (FWONA) | 8 | $2.9bn | 4.4% |
| Baidu (BIDU) | 8 | $1.9bn | 13.2% |
| BNY (BK) | 7 | $9.6bn | 8.0% |
| General Electric (GE) | 7 | $3.0bn | 7.7% |
| Carmax (KMX) | 7 | $1.9bn | 9.9% |
| Johnson & Johnson (JNJ) | 7 | $1.1bn | 8.9% |
| Goldman Sachs Group (GS) | 6 | $6.8bn | 1.9% |
| Oracle (ORCL) | 6 | $6.7bn | 4.8% |
| Automatic Data Processing (ADP) | 6 | $3.2bn | 11.7% |
| Philip Morris International (PM) | 6 | $2.8bn | 6.8% |
| United Technologies (UTXZ) | 6 | $2.4bn | 13.3% |
| 3M Company (MMM) | 6 | $1.8bn | 4.9% |
| Costco Wholesale (COST) | 6 | $1.0bn | 2.7% |
| Walt Disney (DIS) | 6 | $765m | 11.5% |
| Coca-Cola (KO) | 5 | $18bn | 8.4% |
| Procter & Gamble (PG) | 5 | $3.2bn | 30.5% |
| UnitedHealth Group (UNH) | 5 | $2.7bn | 3.0% |
| Amazon.com (AMZN) | 5 | $2.3bn | 6.4% |
| KKR & Co. (KKR) | 5 | $1.7bn | 13.3% |
| O'Reilly Automotive (ORLY) | 5 | $1.7bn | 7.7% |
| Pepsico (PEP) | 5 | $1.3bn | 9.3% |
| Diageo (DEO) | 5 | $1.1bn | 3.2% |

Source: SEC filings, via moatshark (https://www.moatshark.com/q/2018-q3). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.