# What value investors bought and sold in Q3 2025 | moatshark

In Q3 2025, 34 value investors filed 13Fs. The most popular buy was Elevance Health, added to by 6 managers (1 buying for the first time), followed by…

## Most bought

| Company | Buyers | New positions | Bought |
| --- | --- | --- | --- |
| Elevance Health (ELV) | 6 | 1 | $1.1bn |
| Visa (V) | 5 | 0 | $3.2bn |
| UnitedHealth Group (UNH) | 5 | 1 | $265m |
| Alphabet (GOOG) | 4 | 1 | $4.4bn |
| Fiserv (FISV) | 4 | 1 | $1.5bn |
| NVIDIA (NVDA) | 4 | 1 | $1.2bn |
| Union Pacific (UNP) | 4 | 2 | $707m |
| Meta Platforms (META) | 4 | 1 | $109m |
| Canadian Pacific Kansas City (CP) | 4 | 2 | $63.0m |
| Taiwan Semiconductor Manufacturing (TSM) | 4 | 2 | $61.5m |
| Microsoft (MSFT) | 4 | 0 | $4.8m |
| Apple (AAPL) | 4 | 1 | $3.5m |
| Exxon Mobil (EXMOC) | 4 | 1 | $752k |
| Berkshire Hathaway (BRK.B) | 3 | 0 | $923m |
| International Flavors & Fragrances (IFF) | 3 | 0 | $271m |
| Equifax (EFX) | 3 | 0 | $193m |
| Copart (CPRT) | 3 | 0 | $146m |
| Liberty Capital (GLIBA) | 3 | 3 | $67.5m |
| Truist Financial (TFC) | 3 | 1 | $63.5m |
| Comcast (CMCSA) | 3 | 0 | $62.0m |
| Tyson Foods (TSN) | 3 | 0 | $56.8m |
| S&P Global (SPGI) | 3 | 0 | $48.7m |
| ITAU Unibanco Holdings S.A. AD (ITUB) | 3 | 0 | $20.8m |
| Procter & Gamble (PG) | 3 | 1 | $1.5m |
| Walt Disney (DIS) | 3 | 0 | $528k |
| Aon (AON) | 2 | 1 | $1.2bn |
| Salesforce (CRM) | 2 | 0 | $1.1bn |
| Willis Towers Watson (WTW) | 2 | 0 | $989m |
| Intuit (INTU) | 2 | 1 | $613m |
| Workday (WDAY) | 2 | 1 | $556m |

## Most sold

| Company | Sellers | Sold out | Sold |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 14 | 0 | $3.2bn |
| Microsoft (MSFT) | 9 | 0 | $2.2bn |
| Amazon.com (AMZN) | 8 | 1 | $884m |
| Meta Platforms (META) | 7 | 0 | $2.1bn |
| Berkshire Hathaway (BRK.B) | 7 | 0 | $136m |
| American Express (AXP) | 7 | 0 | $80.5m |
| Apple (AAPL) | 6 | 1 | $8.6bn |
| Bank of America (BAC) | 6 | 1 | $2.0bn |
| Oracle (ORCL) | 6 | 1 | $1.2bn |
| Capital One Financial (COF) | 6 | 0 | $693m |
| Mastercard (MA) | 6 | 1 | $271m |
| Walt Disney (DIS) | 6 | 0 | $132m |
| Wells Fargo & Company (WFC) | 5 | 0 | $1.0bn |
| BNY (BK) | 5 | 0 | $672m |
| Visa (V) | 5 | 0 | $551m |
| Intuit (INTU) | 5 | 2 | $47.7m |
| JPMorgan Chase (JPM) | 5 | 0 | $41.3m |
| Thermo Fisher Scientific (TMO) | 4 | 1 | $867m |
| UnitedHealth Group (UNH) | 4 | 1 | $704m |
| Starbucks (SBUX) | 4 | 1 | $141m |
| Willis Towers Watson (WTW) | 4 | 1 | $109m |
| Icon (ICLR) | 4 | 1 | $74.3m |
| Texas Instruments (TXN) | 4 | 1 | $63.3m |
| Vanguard Index Funds (VOO) | 4 | 0 | $9.3m |
| Philip Morris International (PM) | 3 | 0 | $566m |
| Netflix (NFLX) | 3 | 0 | $488m |
| TE Connectivity (TEL) | 3 | 0 | $421m |
| Charles Schwab (SCHW) | 3 | 0 | $304m |
| Johnson Controls International (JCI) | 3 | 0 | $293m |
| Zoetis (ZTS) | 3 | 1 | $270m |

## Most widely held

| Company | Managers | Value held | Largest weight |
| --- | --- | --- | --- |
| Alphabet (GOOG) | 22 | $31bn | 37.6% |
| Visa (V) | 16 | $18bn | 18.2% |
| Microsoft (MSFT) | 16 | $18bn | 16.3% |
| Berkshire Hathaway (BRK.B) | 15 | $8.8bn | 26.6% |
| Meta Platforms (META) | 13 | $9.3bn | 9.5% |
| Apple (AAPL) | 12 | $70bn | 60.4% |
| Amazon.com (AMZN) | 12 | $13bn | 20.6% |
| American Express (AXP) | 11 | $51bn | 18.8% |
| Taiwan Semiconductor Manufacturing (TSM) | 11 | $2.9bn | 9.7% |
| Walt Disney (DIS) | 11 | $1.7bn | 10.5% |
| UnitedHealth Group (UNH) | 10 | $5.8bn | 4.3% |
| Bank of America (BAC) | 9 | $32bn | 39.3% |
| Moody's (MCO) | 9 | $20bn | 15.1% |
| Mastercard (MA) | 9 | $7.6bn | 20.3% |
| Capital One Financial (COF) | 8 | $8.5bn | 9.3% |
| Wells Fargo & Company (WFC) | 8 | $5.0bn | 45.2% |
| Coca-Cola (KO) | 7 | $27bn | 9.9% |
| S&P Global (SPGI) | 7 | $6.4bn | 20.6% |
| Comcast (CMCSA) | 7 | $5.5bn | 2.1% |
| Elevance Health (ELV) | 7 | $3.8bn | 13.8% |
| Alibaba Group Holding (BABA) | 7 | $3.6bn | 15.6% |
| JPMorgan Chase (JPM) | 7 | $520m | 1.8% |
| Pepsico (PEP) | 7 | $332m | 7.6% |
| Charles Schwab (SCHW) | 6 | $11bn | 10.0% |
| BNY (BK) | 6 | $5.4bn | 2.0% |
| Oracle (ORCL) | 6 | $5.3bn | 8.5% |
| Philip Morris International (PM) | 6 | $2.9bn | 8.1% |
| NVIDIA (NVDA) | 6 | $1.7bn | 4.8% |
| Exxon Mobil (EXMOC) | 6 | $916m | 1.6% |
| Union Pacific (UNP) | 6 | $805m | 7.4% |
| Diageo (DEO) | 6 | $179m | 1.1% |
| Truist Financial (TFC) | 6 | $99.3m | 2.3% |
| Chevron (CVX) | 5 | $19bn | 7.1% |
| General Electric (GE) | 5 | $18bn | 29.5% |
| Occidental Petroleum (OXY) | 5 | $17bn | 13.8% |
| CVS Health (CVS) | 5 | $6.6bn | 9.9% |
| Fiserv (FISV) | 5 | $6.2bn | 2.9% |
| Charter Communications (CHTR) | 5 | $5.0bn | 1.8% |
| Willis Towers Watson (WTW) | 5 | $4.7bn | 7.8% |
| Booking Holdings (BKNG) | 5 | $4.1bn | 5.8% |

Source: SEC filings, via moatshark (https://www.moatshark.com/q/2025-q3). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.