- The top billionaire stock investors having been shifting their portfolios amid the recent stock-market volatility, according to a new report.
- Markets Insider details the latest moves and largest positions of 12 billionaire investors.
Some of the world's top stock pickers are making moves amid the recent and accentuated stock-market volatility, which has been caused by trade tensions and concerns about the Fed's monetary policy stance.
Markets Insider details the latest moves and top holdings of 12 billionaire investors, using data from WalletHub.com. The data represents the investors' positions as of March 31, 2019.
Interestingly, the stock pickers have widely varying views on the market with only one stock, Chipotle (CMG), registering in the top-three holdings of more than one investor. Both Jim Simons of Renaissance and Bill Ackman of Pershing Square own the burrito chain.
In addition, the investors were often on opposites sides of trades during the first quarter. Simons was buying Starbucks (SBUX) while Ackman was selling. John Paulson bought Celgene (CELG) as Ray Dalio sold his stake. And Carl Icahn bought Caesar's Entertainment (CZR) as George Soros unloaded his shares.
Some investors, however, were making the same moves. Ackman and Loeb both bought United Technologies (UTX) while both Paulson and Robertson were selling NXP Semiconductors (NXPI).
We detail the investors' holdings below, ranked by position among the world's richest people (per WalletHub):
Billionaire rank: 1,999
Firm name: Pershing Square
Biggest buy: United Technologies (UTX)
Biggest sell: Starbucks (SBUX)
Top-3 holdings: Restaurant Brands International (QSR), Chipotle (CMG), Lowes (LOW)
Billionaire rank: 3
Firm name: Greenlight Capital
Biggest buy: CNX Resources (CNX)
Biggest sell: General Motors (GM)
Top-3 holdings: General Motors (GM), Green Brick Partners (GRBK), AerCap Holdings (AER)
Billionaire rank: 1,399
Firm name: Tiger Management
Biggest buy: Facebook (FB)
Biggest sell: NXP Semiconductors (NXPI)
Top-3 holdings: Microsoft (MSFT), Apollo Global Management (APO), Facebook (FB)