# What value investors bought and sold in Q1 2023 | moatshark

In Q1 2023, 34 value investors filed 13Fs. The most popular buy was Alphabet, added to by 14 managers (1 buying for the first time), followed by…

## Most bought

| Company | Buyers | New positions | Bought |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 14 | 1 | $1.9bn |
| Amazon.com (AMZN) | 8 | 1 | $1.8bn |
| Bank of America (BAC) | 7 | 0 | $1.0bn |
| Microsoft (MSFT) | 6 | 1 | $174m |
| Truist Financial (TFC) | 5 | 1 | $270m |
| GE HealthCare Technologies (GEHC) | 4 | 4 | $1.4bn |
| Occidental Petroleum (OXY) | 4 | 1 | $1.2bn |
| Charles Schwab (SCHW) | 4 | 1 | $246m |
| Meta Platforms (META) | 4 | 0 | $74.8m |
| Paypal Holdings (PYPL) | 4 | 0 | $30.5m |
| Walt Disney (DIS) | 4 | 0 | $21.8m |
| Apple (AAPL) | 3 | 0 | $3.8bn |
| Capital One Financial (COF) | 3 | 1 | $1.2bn |
| Salesforce (CRM) | 3 | 0 | $592m |
| Moody's (MCO) | 3 | 0 | $541m |
| Linde (LIN) | 3 | 3 | $521m |
| Thermo Fisher Scientific (TMO) | 3 | 0 | $489m |
| Fidelity National Information Services (FIS) | 3 | 1 | $277m |
| Procter & Gamble (PG) | 3 | 1 | $209m |
| Fortune Brands Innovations (FBIN) | 3 | 1 | $64.3m |
| Dollar General (DG) | 3 | 0 | $46.7m |
| Lithia Motors (LAD) | 3 | 0 | $41.6m |
| Mastercard (MA) | 3 | 1 | $16.9m |
| Coherent (COHR) | 3 | 0 | $14.7m |
| Comcast (CMCSA) | 3 | 0 | $14.6m |
| Markel (MKL) | 3 | 1 | $14.4m |
| Paramount Global (0VVB) | 3 | 0 | $3.0m |
| Analog Devices (ADI) | 3 | 0 | $2.3m |
| Chevron (CVX) | 3 | 0 | $165k |
| General Electric (GE) | 2 | 1 | $2.5bn |

## Most sold

| Company | Sellers | Sold out | Sold |
| --- | --- | --- | --- |
| Meta Platforms (META) | 9 | 2 | $1.0bn |
| Visa (V) | 9 | 0 | $364m |
| Berkshire Hathaway (BRK.B) | 8 | 0 | $347m |
| UnitedHealth Group (UNH) | 8 | 1 | $44.3m |
| Alphabet (GOOG) | 7 | 1 | $5.1bn |
| Microsoft (MSFT) | 6 | 0 | $1.8bn |
| American Express (AXP) | 6 | 0 | $584m |
| Adobe (ADBE) | 5 | 1 | $1.4bn |
| Fiserv (FISV) | 5 | 0 | $683m |
| Ishares Core S&P Small-Cap E (IWF) | 5 | 3 | $546m |
| Netflix (NFLX) | 5 | 2 | $371m |
| US Bancorp (USB) | 5 | 1 | $334m |
| BNY (BK) | 4 | 1 | $1.2bn |
| HCA Healthcare (HCA) | 4 | 0 | $522m |
| Wells Fargo & Company (WFC) | 4 | 0 | $442m |
| Micron Technology (MU) | 4 | 1 | $415m |
| Walt Disney (DIS) | 4 | 0 | $308m |
| Mastercard (MA) | 4 | 0 | $223m |
| Warner Bros. Discovery (WBD) | 4 | 0 | $80.3m |
| Comcast (CMCSA) | 4 | 1 | $71.6m |
| Unilever (UL) | 4 | 0 | $68.5m |
| Charles Schwab (SCHW) | 4 | 0 | $57.6m |
| Fair Isaac (FICO) | 4 | 0 | $57.3m |
| JPMorgan Chase (JPM) | 4 | 0 | $22.6m |
| Union Pacific (UNP) | 4 | 1 | $2.0m |
| Starbucks (SBUX) | 4 | 2 | $1.1m |
| Chevron (CVX) | 3 | 0 | $5.5bn |
| Taiwan Semiconductor Manufacturing (TSM) | 3 | 1 | $625m |
| Booking Holdings (BKNG) | 3 | 0 | $592m |
| Linde (99952EUR) | 3 | 3 | $477m |

## Most widely held

| Company | Managers | Value held | Largest weight |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 23 | $23bn | 28.5% |
| Microsoft (MSFT) | 15 | $15bn | 15.1% |
| Berkshire Hathaway (BRK.B) | 15 | $7.8bn | 32.9% |
| Visa (V) | 14 | $12bn | 14.9% |
| Meta Platforms (META) | 12 | $6.4bn | 8.8% |
| Apple (AAPL) | 11 | $162bn | 78.5% |
| Bank of America (BAC) | 11 | $33bn | 40.9% |
| American Express (AXP) | 11 | $26bn | 7.7% |
| Amazon.com (AMZN) | 11 | $12bn | 22.9% |
| Walt Disney (DIS) | 11 | $1.8bn | 15.8% |
| Moody's (MCO) | 9 | $13bn | 15.4% |
| Mastercard (MA) | 9 | $7.2bn | 20.5% |
| UnitedHealth Group (UNH) | 9 | $3.6bn | 8.5% |
| Wells Fargo & Company (WFC) | 8 | $6.6bn | 37.0% |
| Charles Schwab (SCHW) | 8 | $5.5bn | 7.0% |
| Alibaba Group Holding (BABA) | 8 | $1.7bn | 19.0% |
| Johnson & Johnson (JNJ) | 8 | $396m | 10.4% |
| Chevron (CVX) | 7 | $22bn | 6.7% |
| Comcast (CMCSA) | 7 | $5.0bn | 3.3% |
| S&P Global (SPGI) | 7 | $3.8bn | 18.2% |
| Liberty Media (FWONA) | 7 | $3.8bn | 11.0% |
| Adobe (ADBE) | 7 | $2.8bn | 4.9% |
| Pepsico (PEP) | 7 | $1.9bn | 11.5% |
| JPMorgan Chase (JPM) | 7 | $1.1bn | 6.8% |
| Fiserv (FISV) | 6 | $7.6bn | 21.4% |
| Capital One Financial (COF) | 6 | $7.1bn | 6.8% |
| General Electric (GE) | 6 | $6.3bn | 10.3% |
| Salesforce (CRM) | 6 | $4.8bn | 11.3% |
| BNY (BK) | 6 | $4.4bn | 3.9% |
| Philip Morris International (PM) | 6 | $3.1bn | 6.9% |
| Nike (NKE) | 6 | $1.7bn | 3.6% |
| Brookfield (BN) | 6 | $935m | 20.8% |
| Truist Financial (TFC) | 6 | $927m | 1.7% |
| US Bancorp (USB) | 6 | $912m | 3.7% |
| Liberty Broadband (8L8C) | 6 | $878m | 4.2% |
| Procter & Gamble (PG) | 6 | $468m | 2.2% |
| Coca-Cola (KO) | 5 | $25bn | 7.6% |
| Occidental Petroleum (OXY) | 5 | $20bn | 10.8% |
| FedEx (FDX) | 5 | $4.2bn | 5.0% |
| Oracle (ORCL) | 5 | $3.7bn | 5.1% |

Source: SEC filings, via moatshark (https://www.moatshark.com/q/2023-q1). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.