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Combined portfolio

As of Q3 2016, the AlphaBaseline combined portfolio aggregates $292.57B of reported 13F holdings across 71 institutional managers, covering 50 of the largest positions by holder count.

This view adds up the holdings of every focused investor we track into one book, so you can see what the group owns as a whole and which stocks they crowd into.

For Q3 2016 it covers the 50 most widely held positions, worth $292.57B in aggregate reported value.

Source
Aggregate SEC 13F data
Period
Q3 2016
Coverage
71 managers included

13F data is delayed and excludes shorts/non-13F assets. Refreshed 2026-09-16.

Most owned

These are the stocks the most tracked managers hold, showing where conviction is most crowded.

MSFT281.67%
GOOG271.54%
V260.78%
AAPL220.73%
GOOGL220.78%
JNJ210.36%
MA200.90%
WFC203.95%
BRK/B191.89%
AXP182.00%

Top by % of combined

These positions take the largest share of the combined book, showing where the group's dollars concentrate.

KHC4.12%$29.56B
WFC3.95%$28.34B
KO2.48%$17.79B
AXP2.00%$14.3B
BRK/B1.89%$13.54B
IBM1.86%$13.32B
CHTR1.84%$13.2B
MSFT1.67%$11.96B
GOOG1.54%$11.01B
CMCSA1.16%$8.34B

Top buys

These are the stocks the group bought most this quarter, ranked by net dollar value added.

JCI60$2.44B
BRK/B05$1.32B
BABA52$1.23B
APFH10$1.19B
EBAY11$1.06B
DVMT50$967.68M
APC02$915.82M
EXPE20$859.67M
TV13$807.33M
AAL10$796.84M

Top sells

These are the stocks the group sold most this quarter, ranked by net dollar value removed.

EMC60$-3.99B
WMT011$-2.54B
TYCZZZZ40$-2.1B
MSFT019$-1.82B
AGN25$-1.68B
AMZN05$-938.99M
NOC22$-905.26M
ZTS03$-867.05M
APD02$-856.64M
SYMC02$-782.02M

Big bets

Each of these is a single position worth at least 40% of one manager's portfolio, marking their highest-conviction wagers.

Daily Journal Corp (Charlie Munger) - Daily Journal CorpWFCWells Fargo & Co62.39%$70.49M
Bill & Melinda Gates Foundation Trust - Bill & Melinda Gates Foundation TrustBRK/BBERKSHIRE HATHAWAY INC DEL58.21%$10.74B
Norbert Lou - Punch Card ManagementBIDUBAIDU INC49.82%$99.44K
Chris Hohn - TCI Fund Management YHOOYAHOO INC41.47%$3.72B
Norbert Lou - Punch Card ManagementBRK/ABERKSHIRE HATHAWAY INC DEL40.40%$80.65K

All positions

This table lists the 50 most widely held positions in the combined book, ranked by how many managers hold each one. Select a ticker to see exactly which managers hold it and at what size.

1MSFTMicrosoft Corp281.67%$11.96B-$285.76M
2GOOGAlphabet Inc271.54%$11.01B+$1.53B
3VVISA INC260.78%$5.63B+$574.7M
4GOOGLALPHABET INC220.78%$5.59B+$645.9M
5AAPLAPPLE INC220.73%$5.23B+$1.26B
6JNJJohnson & Johnson210.36%$2.6B-$293.79M
7WFCWELLS FARGO & CO NEW203.95%$28.34B-$2.01B
8MAMASTERCARD INCORPORATED200.90%$6.47B+$526.04M
9BRK/BBERKSHIRE HATHAWAY INC DEL191.89%$13.54B+$1.29B
10AXPAMERICAN EXPRESS CO182.00%$14.3B+$655.76M
11CMCSAComcast Corp181.16%$8.34B-$26.46M
12ORCLORACLE CORP181.04%$7.47B-$695.53M
13USBUS BANCORP DEL170.74%$5.28B+$276.09M
14BACBank of America Corp161.03%$7.37B+$1.38B
15BRK/ABerkshire Hathaway - Cl A160.61%$4.34B-$265.72M
16GEGeneral Electric Co.160.59%$4.24B-$366.1M
17JPMJPMorgan Chase & Co140.85%$6.11B+$236.23M
18METAFACEBOOK INC140.82%$5.89B-$40.11M
19CSCOCisco Systems Inc140.59%$4.22B+$65.58M
20QCOMQUALCOMM INC140.22%$1.55B+$214.95M
21IBMINTERNATIONAL BUSINESS MACHS131.86%$13.32B+$587.88M
22GSGoldman Sachs Group Inc/The130.84%$5.99B+$263.53M
23SCHWCharles Schwab Corp/The130.69%$4.97B+$943.34M
24WMTWal-Mart Stores Inc130.57%$4.05B-$2.62B
25BIDUBaidu Inc130.51%$3.67B+$357.14M
26PEPPepsiCo, Inc.130.32%$2.32B+$145.29M
27CHTRCHARTER COMMUNICATIONS INC N121.84%$13.2B+$1.75B
28BKBank of New York Mellon Corp/T121.05%$7.55B+$264.23M
29UNHUnitedHealth Group Inc120.53%$3.78B-$181.72M
30MCOMOODYS CORP120.52%$3.69B+$351.94M
31LBTYKLiberty Global PLC120.44%$3.17B+$453.82M
32UTXUnited Technologies Corp.120.39%$2.77B-$93.19M
33PMPhilip Morris International In120.38%$2.69B+$8.89M
34DISDISNEY WALT CO120.10%$744.85M-$3.77M
35AMZNAMAZON COM INC110.93%$6.64B+$162.45M
36PCLNPRICELINE GRP INC110.80%$5.74B+$697.5M
37SLBSchlumberger Ltd110.68%$4.85B-$54.92M
38CCITIGROUP INC110.50%$3.58B+$171.62M
39UNPUnion Pacific Corp110.38%$2.71B+$178.77M
40PGProcter & Gamble110.28%$1.99B-$118.46M
41MRKMerck & Co Inc110.21%$1.51B-$194.07M
42INTCINTEL CORP110.17%$1.21B-$11.58M
43PFEPFIZER INC110.17%$1.2B+$75.34M
44VZVERIZON COMMUNICATIONS INC110.14%$984.43M-$98.33M
45XOMEXXON MOBIL CORP110.12%$830.55M-$157.04M
46MMM3M CO100.27%$1.96B-$43.22M
47LBTYALiberty Global PLC100.22%$1.6B+$343.45M
48KOCOCA COLA CO92.48%$17.79B-$1.27B
49AIGAMERICAN INTL GROUP INC90.89%$6.37B+$464.1M
50AGNALLERGAN PLC90.31%$2.2B-$1.7B