# What value investors bought and sold in Q4 2020 | moatshark

In Q4 2020, 34 value investors filed 13Fs. The most popular buy was Meta Platforms, added to by 6 managers, followed by Microsoft and Visa.

## Most bought

| Company | Buyers | New positions | Bought |
| --- | --- | --- | --- |
| Meta Platforms (META) | 6 | 0 | $272m |
| Microsoft (MSFT) | 6 | 0 | $184m |
| Visa (V) | 6 | 0 | $137m |
| Unilever (UL) | 5 | 2 | $713m |
| Alphabet (GOOG) | 5 | 0 | $160m |
| UnitedHealth Group (UNH) | 5 | 0 | $72.5m |
| Alibaba Group Holding (BABA) | 4 | 1 | $467m |
| Mastercard (MA) | 4 | 0 | $150m |
| Pepsico (PEP) | 4 | 0 | $134m |
| Adobe (ADBE) | 4 | 0 | $111m |
| Berkshire Hathaway (BRK.B) | 4 | 0 | $36.8m |
| Progressive (PGR) | 4 | 2 | $17.6m |
| Moody's (MCO) | 4 | 0 | $5.8m |
| Fiserv (FISV) | 3 | 3 | $898m |
| Wells Fargo & Company (WFC) | 3 | 0 | $549m |
| Merck & Co. (MRK) | 3 | 1 | $525m |
| Comcast (CMCSA) | 3 | 0 | $263m |
| Credit Acceptance (CACC) | 3 | 0 | $217m |
| Apple (AAPL) | 3 | 1 | $171m |
| Ebay (EBAY) | 3 | 0 | $148m |
| Salesforce (CRM) | 3 | 0 | $97.3m |
| Zoetis (ZTS) | 3 | 1 | $79.3m |
| Starbucks (SBUX) | 3 | 0 | $77.4m |
| Chubb (CB) | 3 | 1 | $44.7m |
| Liberty Broadband (8L8C) | 3 | 2 | $15.1m |
| Equity Residential (VMRK) | 3 | 0 | $11.8m |
| Brookfield (BN) | 3 | 1 | $4.9m |
| S&P Global (SPGI) | 3 | 0 | $3.9m |
| Kraft Heinz (KHC) | 3 | 2 | $2.3m |
| Walt Disney (DIS) | 3 | 0 | $2.0m |

## Most sold

| Company | Sellers | Sold out | Sold |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 13 | 0 | $1.2bn |
| Meta Platforms (META) | 9 | 1 | $436m |
| Berkshire Hathaway (BRK.B) | 8 | 0 | $141m |
| Visa (V) | 8 | 0 | $70.1m |
| Walt Disney (DIS) | 7 | 0 | $238m |
| JPMorgan Chase (JPM) | 7 | 1 | $188m |
| Apple (AAPL) | 6 | 0 | $6.7bn |
| US Bancorp (USB) | 6 | 0 | $41.9m |
| Wells Fargo & Company (WFC) | 5 | 0 | $1.8bn |
| Bank of America (BAC) | 5 | 1 | $559m |
| Charles Schwab (SCHW) | 5 | 0 | $406m |
| Mastercard (MA) | 5 | 0 | $403m |
| Microsoft (MSFT) | 5 | 0 | $322m |
| American Express (AXP) | 5 | 0 | $224m |
| BNY (BK) | 5 | 0 | $97.9m |
| Paypal Holdings (PYPL) | 5 | 0 | $79.1m |
| Amazon.com (AMZN) | 5 | 0 | $68.4m |
| Baidu (BIDU) | 4 | 2 | $594m |
| Comcast (CMCSA) | 4 | 0 | $265m |
| PNC Bank (PNC) | 4 | 1 | $215m |
| Taiwan Semiconductor Manufacturing (TSM) | 4 | 0 | $199m |
| Booking Holdings (BKNG) | 4 | 1 | $175m |
| FedEx (FDX) | 3 | 0 | $1.0bn |
| Unilever (UN) | 3 | 3 | $740m |
| HP (HPQ) | 3 | 2 | $588m |
| UnitedHealth Group (UNH) | 3 | 0 | $447m |
| Truist Financial (TFC) | 3 | 0 | $301m |
| KKR & Co. (KKR) | 3 | 0 | $239m |
| Netflix (NFLX) | 3 | 0 | $181m |
| Philip Morris International (PM) | 3 | 0 | $174m |

## Most widely held

| Company | Managers | Value held | Largest weight |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 21 | $25bn | 6126.1% |
| Visa (V) | 17 | $12bn | 5119.5% |
| Meta Platforms (META) | 15 | $11bn | 4599.9% |
| Berkshire Hathaway (BRK.B) | 15 | $8.4bn | 12488.3% |
| Microsoft (MSFT) | 12 | $13bn | 61.0% |
| Amazon.com (AMZN) | 12 | $4.0bn | 116.4% |
| Wells Fargo & Company (WFC) | 11 | $8.2bn | 38.5% |
| Bank of America (BAC) | 10 | $37bn | 2969.8% |
| American Express (AXP) | 10 | $22bn | 6.8% |
| Mastercard (MA) | 10 | $9.0bn | 264.0% |
| Walt Disney (DIS) | 10 | $2.3bn | 2618.3% |
| Apple (AAPL) | 9 | $122bn | 121.2% |
| Moody's (MCO) | 9 | $12bn | 16.0% |
| Comcast (CMCSA) | 9 | $8.4bn | 15.4% |
| Starbucks (SBUX) | 9 | $3.8bn | 51.9% |
| Charles Schwab (SCHW) | 8 | $6.3bn | 4058.7% |
| UnitedHealth Group (UNH) | 8 | $4.0bn | 6.9% |
| Johnson & Johnson (JNJ) | 8 | $1.5bn | 9.5% |
| S&P Global (SPGI) | 8 | $1.2bn | 19.7% |
| BNY (BK) | 7 | $7.5bn | 4.4% |
| US Bancorp (USB) | 7 | $7.4bn | 5.2% |
| Paypal Holdings (PYPL) | 7 | $6.0bn | 15.9% |
| Liberty Global (LBTYA) | 7 | $4.0bn | 13.6% |
| Adobe (ADBE) | 7 | $3.9bn | 6.9% |
| JPMorgan Chase (JPM) | 7 | $3.2bn | 3367.9% |
| Nike (NKE) | 7 | $2.5bn | 4.6% |
| Pepsico (PEP) | 7 | $2.2bn | 11.0% |
| Union Pacific (UNP) | 7 | $1.8bn | 4.1% |
| Procter & Gamble (PG) | 7 | $1.7bn | 20.2% |
| General Electric (GE) | 7 | $1.2bn | 7.8% |
| Coca-Cola (KO) | 6 | $22bn | 8.1% |
| Philip Morris International (PM) | 6 | $3.4bn | 6.3% |
| Alibaba Group Holding (BABA) | 6 | $2.6bn | 6.6% |
| Oracle (ORCL) | 6 | $2.3bn | 5.2% |
| Taiwan Semiconductor Manufacturing (TSM) | 6 | $1.9bn | 78.4% |
| Carmax (KMX) | 6 | $1.5bn | 8083.7% |
| Liberty Broadband (8L8C) | 6 | $850m | 252.6% |
| Diageo (DEO) | 6 | $384m | 3.2% |
| Booking Holdings (BKNG) | 5 | $5.4bn | 7.9% |
| Liberty Media (FWONA) | 5 | $3.5bn | 4.9% |

Source: SEC filings, via moatshark (https://www.moatshark.com/q/2020-q4). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.