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Combined portfolio

As of Q2 2017, the AlphaBaseline combined portfolio aggregates $318.45B of reported 13F holdings across 75 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 Q2 2017 it covers the 50 most widely held positions, worth $318.45B in aggregate reported value.

Source
Aggregate SEC 13F data
Period
Q2 2017
Coverage
75 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.

MSFT282.11%
GOOG271.30%
V270.85%
MA250.92%
GOOGL240.66%
BRK/B221.60%
WFC224.44%
AAPL202.59%
META200.68%
CMCSA191.34%

Top by % of combined

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

WFC4.44%$35.44B
KHC3.53%$28.18B
AAPL2.59%$20.68B
KO2.36%$18.82B
AXP2.26%$18.08B
MSFT2.11%$16.84B
CHTR1.91%$15.24B
BRK/B1.60%$12.76B
CMCSA1.34%$10.67B
GOOG1.30%$10.38B

Top buys

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

AABA90$6.18B
MSFT29$4.03B
BABA55$1.61B
DXC60$1.28B
JCI01$1.11B
SYF13$884.58M
VST10$844.88M
SLB05$831.33M
BK02$775.16M
MA38$750.04M

Top sells

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

YHOO70$-4.71B
XRX11$-2.13B
IBM18$-1.71B
GOOG212$-1.31B
JD03$-1.29B
PYPL03$-1.16B
META06$-1.14B
NKE11$-1.04B
APFH10$-989.09M
BRK/B07$-988.21M

Big bets

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

Li Lu - Himalaya Capital ManagementSINASina Corp76.24%$4.44M
Norbert Lou - Punch Card ManagementBRK/ABERKSHIRE HATHAWAY INC DEL60.34%$95K
Daily Journal Corp (Charlie Munger) - Daily Journal CorpWFCWells Fargo & Co58.07%$88.2M
Abrams Bison Investments - Abrams Bison InvestmentsCACCCREDIT ACCEP CORP MICH52.52%$300.74M
Bruce Berkowitz - Fairholme CapitalJOEST JOE CO48.67%$477.84M
Glenn Welling - Engaged CapitalHAINHAIN CELESTIAL GROUP INC46.34%$312.24M
Bill & Melinda Gates Foundation Trust - Bill & Melinda Gates Foundation TrustBRK/BBERKSHIRE HATHAWAY INC DEL43.53%$10.05B
Prem Watsa - Fairfax Financial HoldingsBBBLACKBERRY LTD41.29%$466.17M
Bill Ackman - Pershing Square Capital ManagementQSRRESTAURANT BRANDS INTL INC40.71%$2.45B

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 CORP282.11%$16.84B+$4.56B
2GOOGAlphabet Inc271.30%$10.38B-$287.4M
3VVISA INC270.85%$6.81B-$73.64M
4MAMASTERCARD INCORPORATED250.92%$7.37B+$1.24B
5GOOGLAlphabet Inc., Class A240.66%$5.3B-$291.43M
6WFCWELLS FARGO & CO NEW224.44%$35.44B-$16.85M
7BRK/BBERKSHIRE HATHAWAY INC DEL221.60%$12.76B-$769.92M
8AAPLAPPLE INC202.59%$20.68B-$31.58M
9METAFACEBOOK INC200.68%$5.4B-$752.51M
10CMCSACOMCAST CORP NEW191.34%$10.67B+$509.21M
11BACBank of America Corp191.13%$9.02B-$210.83M
12AXPAMERICAN EXPRESS CO182.26%$18.08B+$1.06B
13BRK/ABerkshire Hathaway Inc Cl A170.55%$4.42B-$26.93M
14JNJJohnson & Johnson170.33%$2.62B+$62.6M
15ORCLORACLE CORP161.22%$9.74B+$1.23B
16USBUS BANCORP DEL160.76%$6.05B-$43.75M
17BIDUBAIDU INC160.61%$4.87B+$375.66M
18GSGoldman Sachs Group Inc/The150.91%$7.28B-$275.2M
19JPMJPMorgan Chase & Co150.79%$6.32B-$638.5M
20UNHUnitedHealth Group Inc150.63%$5.02B+$637.65M
21IBMINTERNATIONAL BUSINESS MACHS141.07%$8.57B-$3.07B
22MCOMOODYS CORP140.62%$4.94B+$517.24M
23AMZNAmazon.com, Inc.140.50%$4.02B-$323.05M
24XOMEXXON MOBIL CORP140.18%$1.41B+$573M
25GEGeneral Electric Co.130.53%$4.25B-$136.61M
26PMPhilip Morris International In130.31%$2.48B+$105.97M
27QCOMQUALCOMM INC130.20%$1.6B-$101.54M
28CHTRCHARTER COMMUNICATIONS INC N121.91%$15.24B+$50.56M
29BKBank of New York Mellon Corp/T121.24%$9.93B+$1.46B
30PCLNPRICELINE GRP INC120.65%$5.21B-$529.11M
31BABAALIBABA GROUP HLDG LTD120.51%$4.08B+$2.19B
32CSCOCisco Systems Inc120.45%$3.63B-$402.34M
33ESRXExpress Scripts Holding Co120.37%$2.99B+$568.38M
34UTXUnited Technologies Corp.120.35%$2.79B-$65.22M
35PEPPepsiCo, Inc.120.32%$2.58B+$99.77M
36SPGIS&P GLOBAL INC120.22%$1.73B+$10.07M
37SCHWCharles Schwab Corp/The110.69%$5.52B-$148.73M
38WMTWal-Mart Stores Inc110.41%$3.24B+$125.31M
39UNPUnion Pacific Corp110.31%$2.51B-$102.48M
40MMM3M CO110.29%$2.32B+$201.87M
41MRKMerck & Co Inc110.15%$1.19B+$40.69M
42TMOTHERMO FISHER SCIENTIFIC INC110.08%$627.94M+$106.98M
43CCITIGROUP INC100.70%$5.59B+$556.91M
44PGProcter and Gamble Co.100.62%$4.99B-$90.61M
45NVSNovartis AG100.53%$4.27B+$443.6M
46DALDELTA AIR LINES INC DEL100.40%$3.19B+$536.85M
47ELVANTHEM INC100.18%$1.44B-$220.82M
48CVSCVS HEALTH CORP100.15%$1.18B+$71.06M
49NKENIKE INC100.13%$1.05B-$919.7M
50PFEPFIZER INC100.10%$796.26M-$491.9M