# What value investors bought and sold in Q1 2020 | moatshark

In Q1 2020, 34 value investors filed 13Fs. The most popular buy was Berkshire Hathaway, added to by 9 managers (1 buying for the first time), followed by…

## Most bought

| Company | Buyers | New positions | Bought |
| --- | --- | --- | --- |
| Berkshire Hathaway (BRK.B) | 9 | 1 | $748m |
| Meta Platforms (META) | 8 | 2 | $1.1bn |
| Alphabet (GOOG) | 8 | 2 | $668m |
| Booking Holdings (BKNG) | 7 | 2 | $778m |
| Wells Fargo & Company (WFC) | 6 | 1 | $351m |
| Visa (V) | 5 | 0 | $1.1bn |
| Bank of America (BAC) | 5 | 2 | $760m |
| Microsoft (MSFT) | 5 | 2 | $622m |
| Starbucks (SBUX) | 5 | 1 | $512m |
| Charles Schwab (SCHW) | 5 | 0 | $272m |
| Mastercard (MA) | 5 | 1 | $208m |
| American Express (AXP) | 5 | 1 | $200m |
| Alibaba Group Holding (BABA) | 5 | 2 | $179m |
| Marriott International (MAR) | 5 | 3 | $111m |
| Comcast (CMCSA) | 5 | 1 | $29.4m |
| Apple (AAPL) | 4 | 0 | $868m |
| United Technologies (UTXZ) | 4 | 0 | $458m |
| Exxon Mobil (EXMOC) | 4 | 0 | $305m |
| Walt Disney (DIS) | 4 | 1 | $226m |
| US Bancorp (USB) | 4 | 0 | $171m |
| Delta Air Lines (DAL) | 4 | 2 | $55.8m |
| Adobe (ADBE) | 3 | 2 | $524m |
| JPMorgan Chase (JPM) | 3 | 0 | $351m |
| Capital One Financial (COF) | 3 | 0 | $335m |
| UnitedHealth Group (UNH) | 3 | 0 | $330m |
| Goldman Sachs Group (GS) | 3 | 0 | $195m |
| Hd Supply Holdings (HDS) | 3 | 2 | $185m |
| Moody's (MCO) | 3 | 0 | $180m |
| HCA Healthcare (HCA) | 3 | 2 | $174m |
| Micron Technology (MU) | 3 | 0 | $136m |

## Most sold

| Company | Sellers | Sold out | Sold |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 12 | 0 | $1.1bn |
| Berkshire Hathaway (BRK.B) | 7 | 0 | $308m |
| Visa (V) | 6 | 0 | $495m |
| JPMorgan Chase (JPM) | 6 | 1 | $354m |
| Meta Platforms (META) | 6 | 0 | $183m |
| Microsoft (MSFT) | 5 | 0 | $1.0bn |
| Amazon.com (AMZN) | 5 | 0 | $433m |
| BNY (BK) | 5 | 0 | $195m |
| Union Pacific (UNP) | 5 | 0 | $131m |
| Wells Fargo & Company (WFC) | 4 | 2 | $603m |
| Paypal Holdings (PYPL) | 4 | 0 | $433m |
| Oracle (ORCL) | 4 | 1 | $232m |
| UnitedHealth Group (UNH) | 4 | 1 | $202m |
| American Express (AXP) | 4 | 0 | $152m |
| Liberty Global (LBTYA) | 4 | 0 | $145m |
| Pepsico (PEP) | 4 | 0 | $142m |
| Procter & Gamble (PG) | 4 | 0 | $141m |
| Johnson & Johnson (JNJ) | 4 | 0 | $125m |
| Diageo (DEO) | 4 | 0 | $78.4m |
| Royal Dutch Shell PLC Spon (RDS.A) | 4 | 1 | $782k |
| Goldman Sachs Group (GS) | 3 | 0 | $2.3bn |
| O'Reilly Automotive (ORLY) | 3 | 1 | $1.1bn |
| Baidu (BIDU) | 3 | 0 | $821m |
| Booking Holdings (BKNG) | 3 | 0 | $589m |
| Mastercard (MA) | 3 | 0 | $244m |
| General Electric (GE) | 3 | 0 | $243m |
| ConocoPhillips (COP) | 3 | 1 | $212m |
| Moody's (MCO) | 3 | 0 | $190m |
| Intel (INTC) | 3 | 1 | $180m |
| Univar Solutions (UNVR) | 3 | 0 | $125m |

## Most widely held

| Company | Managers | Value held | Largest weight |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 20 | $19bn | 20.5% |
| Berkshire Hathaway (BRK.B) | 17 | $6.5bn | 38.0% |
| Visa (V) | 14 | $7.2bn | 16.5% |
| Meta Platforms (META) | 14 | $6.2bn | 12.3% |
| Wells Fargo & Company (WFC) | 11 | $14bn | 45.8% |
| Microsoft (MSFT) | 11 | $11bn | 11.0% |
| Bank of America (BAC) | 10 | $25bn | 49.0% |
| American Express (AXP) | 10 | $15bn | 7.4% |
| Mastercard (MA) | 10 | $6.6bn | 14.6% |
| Booking Holdings (BKNG) | 10 | $4.2bn | 4.3% |
| Amazon.com (AMZN) | 10 | $3.2bn | 17.9% |
| Moody's (MCO) | 9 | $8.7bn | 20.1% |
| Comcast (CMCSA) | 9 | $5.1bn | 4.5% |
| Apple (AAPL) | 8 | $64bn | 58.3% |
| JPMorgan Chase (JPM) | 8 | $7.6bn | 9.9% |
| BNY (BK) | 8 | $6.1bn | 6.0% |
| Charles Schwab (SCHW) | 8 | $4.6bn | 6.4% |
| Alibaba Group Holding (BABA) | 8 | $2.0bn | 13.5% |
| Union Pacific (UNP) | 8 | $1.2bn | 4.0% |
| US Bancorp (USB) | 7 | $5.5bn | 4.8% |
| Liberty Global (LBTYA) | 7 | $3.1bn | 14.3% |
| Starbucks (SBUX) | 7 | $1.4bn | 10.1% |
| General Electric (GE) | 7 | $1.1bn | 7.3% |
| Johnson & Johnson (JNJ) | 7 | $1.1bn | 11.4% |
| Walt Disney (DIS) | 7 | $1.0bn | 11.9% |
| Procter & Gamble (PG) | 6 | $3.7bn | 49.2% |
| Philip Morris International (PM) | 6 | $3.1bn | 7.0% |
| UnitedHealth Group (UNH) | 6 | $2.8bn | 5.7% |
| Goldman Sachs Group (GS) | 6 | $2.6bn | 2.1% |
| Adobe (ADBE) | 6 | $2.2bn | 7.1% |
| Liberty Media (FWONA) | 6 | $2.0bn | 4.4% |
| Baidu (BIDU) | 6 | $1.4bn | 6.3% |
| Carmax (KMX) | 6 | $1.3bn | 7.9% |
| S&P Global (SPGI) | 6 | $953m | 22.7% |
| Coca-Cola (KO) | 5 | $18bn | 10.1% |
| HP (HPQ) | 5 | $4.2bn | 6.1% |
| United Technologies (UTXZ) | 5 | $3.1bn | 5.9% |
| Paypal Holdings (PYPL) | 5 | $2.6bn | 13.6% |
| Linde (99952EUR) | 5 | $2.0bn | 14.0% |
| CVS Health (CVS) | 5 | $1.8bn | 1.4% |

Source: SEC filings, via moatshark (https://www.moatshark.com/q/2020-q1). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.