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Combined portfolio

As of Q4 2018, the AlphaBaseline combined portfolio aggregates $361.26B of reported 13F holdings across 79 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 Q4 2018 it covers the 50 most widely held positions, worth $361.26B in aggregate reported value.

Source
Aggregate SEC 13F data
Period
Q4 2018
Coverage
79 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.

MSFT312.28%
GOOG302.00%
META280.87%
V270.87%
GOOGL260.78%
MA231.07%
WFC233.63%
BRK/B211.93%
AMZN200.75%
AXP192.60%

Top by % of combined

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

AAPL5.38%$40.82B
BAC3.72%$28.2B
WFC3.63%$27.53B
AXP2.60%$19.71B
KO2.58%$19.6B
MSFT2.28%$17.27B
GOOG2.00%$15.2B
BRK/B1.93%$14.64B
KHC1.85%$14.02B
FOXA1.61%$12.22B

Top buys

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

LIN70$3.18B
CI70$2.83B
META618$1.61B
UBS10$1.61B
HLT12$1.46B
JPM08$1.37B
OXY03$1.12B
DELL20$1.1B
HAL14$987.77M
AMZN56$952.75M

Top sells

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

ESRX60$-4.44B
ORCL210$-3.75B
DVMT20$-2.41B
CI40$-1.96B
AET40$-1.53B
MDT06$-1.38B
PX90$-1.37B
SPY13$-1.03B
UNP16$-985.56M
DIS07$-974.91M

Big bets

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

Bruce Berkowitz - Fairholme CapitalJOEST JOE CO95.34%$349.64M
Mohnish Pabrai - Pabrai InvestmentsFCAUFIAT CHRYSLER AUTOMOBILES N91.61%$189.4K
Norbert Lou - Punch Card ManagementBRK/ABERKSHIRE HATHAWAY INC DEL70.97%$114.14K
Daily Journal Corp (Charlie Munger) - Daily Journal CorpWFCWells Fargo & Co53.56%$73.35M
Bill & Melinda Gates Foundation Trust - Bill & Melinda Gates Foundation TrustBRK/BBERKSHIRE HATHAWAY INC DEL53.15%$11.65B
Duan Yongping - H&H International InvestmentAAPLAPPLE INC50.95%$425.8M
Dennis Hong - ShawSpring Partners IACIAC INTERACTIVECORP47.80%$46.19M
Daily Journal Corp (Charlie Munger) - Daily Journal CorpBACBank of America Corp41.38%$56.67M

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 Corp312.28%$17.27B-$4.32B
2GOOGAlphabet Inc302.00%$15.2B-$2.57B
3METAFACEBOOK INC280.87%$6.59B-$407.3M
4VVISA INC270.87%$6.59B-$1.53B
5GOOGLALPHABET INC260.78%$5.9B-$386.41M
6WFCWELLS FARGO & CO NEW233.63%$27.53B-$4.91B
7MAMastercard Inc Cl A231.07%$8.09B-$955.29M
8BRK/BBERKSHIRE HATHAWAY INC DEL211.93%$14.64B-$1.58B
9AMZNAMAZON COM INC200.75%$5.66B-$619.17M
10AXPAMERICAN EXPRESS CO192.60%$19.71B-$1.97B
11BRK/ABerkshire Hathaway Inc Cl A190.61%$4.63B-$404.08M
12BACBANK AMER CORP183.72%$28.2B-$5.35B
13JPMJPMORGAN CHASE & CO181.22%$9.28B+$140.69M
14AAPLAPPLE INC175.38%$40.82B-$17.87B
15CMCSAComcast Corp161.00%$7.61B-$548.4M
16MCOMOODYS CORP150.81%$6.14B-$385.55M
17GSGOLDMAN SACHS GROUP INC150.79%$6.02B-$1.86B
18UNHUnitedHealth Group Inc150.66%$5.04B-$68.37M
19JNJJohnson & Johnson150.23%$1.74B-$801.64M
20ORCLORACLE CORP140.72%$5.45B-$5.06B
21BKNGBooking Holdings Inc140.66%$5.03B-$362.16M
22BABAALIBABA GROUP HLDG LTD140.63%$4.78B-$1.95B
23BIDUBAIDU INC140.45%$3.39B-$921.97M
24DISDISNEY WALT CO140.20%$1.55B-$1.14B
25DWDPDOWDUPONT INC140.16%$1.2B-$491.46M
26USBUS BANCORP DEL130.99%$7.48B-$903.65M
27CCITIGROUP INC130.74%$5.63B-$1.86B
28SCHWCharles Schwab Corp/The130.66%$5.02B-$604.85M
29ADBEADOBE INC130.51%$3.88B-$191.54M
30KKRKKR & CO INC130.33%$2.47B-$675.3M
31UTXUnited Technologies Corp120.61%$4.65B-$713.75M
32UNPUNION PAC CORP120.46%$3.48B-$1.78B
33GEGENERAL ELECTRIC CO120.37%$2.81B-$2.15B
34XOMEXXON MOBIL CORP120.24%$1.81B-$423.83M
35TMOTHERMO FISHER SCIENTIFIC INC120.08%$587.07M-$457.46M
36BKBank of New York Mellon Corp/T111.26%$9.56B-$777.42M
37FDXFedEx Corp110.56%$4.25B-$1.14B
38LBTYKLIBERTY GLOBAL PLC110.40%$3B-$943.91M
39ORLYO REILLY AUTOMOTIVE INC NEW110.28%$2.1B-$29.72M
40PMPHILIP MORRIS INTL INC110.26%$1.97B-$1.08B
41KMXCARMAX INC110.22%$1.66B-$333.32M
42QCOMQUALCOMM INC110.06%$476.48M-$159.34M
43KOCOCA COLA CO102.58%$19.6B+$440.92M
44CHTRCHARTER COMMUNICATIONS INC N101.57%$11.87B-$2.74B
45PGProcter and Gamble Co.100.66%$5.02B+$239.49M
46CSCOCisco Systems Inc100.28%$2.13B-$554.46M
47SPGIS&P GLOBAL INC100.25%$1.9B+$100.59M
48MDTMedtronic PLC100.12%$906.56M-$1.57B
49MRKMERCK & CO INC100.11%$831.54M-$181.91M
50VZVerizon Communications Inc.100.02%$136.7M+$8.6M