What the best investors bought
Every quarter, big US funds must list their stocks with the SEC. We read every list — 8,740 funds — and show what 153 long-term investors changed. The lists come out 45 days after the quarter ends.
Quarter ended 30 June 2026.
What changed this quarter
Most bought
Bought for the first time or added to.
- Meta PlatformsMETA
- Buyers
- 27 of 50
- Value
- $25.9bn
- Amazon.comAMZN
- Buyers
- 21 of 60
- Value
- $36.6bn
- MicrosoftMSFT
- Buyers
- 21 of 68
- Value
- $30.6bn
- S&P GlobalSPGI
- Buyers
- 18 of 35
- Value
- $12.3bn
- Thermo Fisher ScientificTMO
- Buyers
- 18 of 31
- Value
- $7.7bn
- Walt DisneyDIS
- Buyers
- 18 of 42
- Value
- $6.9bn
- MastercardMA
- Buyers
- 17 of 42
- Value
- $11.0bn
- VisaV
- Buyers
- 14 of 52
- Value
- $28.7bn
- UnitedHealth GroupUNH
- Buyers
- 13 of 43
- Value
- $15.1bn
- NvidiaNVDA
- Buyers
- 13 of 36
- Value
- $13.6bn
| Company | Buyers | Value |
|---|---|---|
| Meta PlatformsMETA | 27 of 50 | $25.9bn |
| Amazon.comAMZN | 21 of 60 | $36.6bn |
| MicrosoftMSFT | 21 of 68 | $30.6bn |
| S&P GlobalSPGI | 18 of 35 | $12.3bn |
| Thermo Fisher ScientificTMO | 18 of 31 | $7.7bn |
| Walt DisneyDIS | 18 of 42 | $6.9bn |
| MastercardMA | 17 of 42 | $11.0bn |
| VisaV | 14 of 52 | $28.7bn |
| UnitedHealth GroupUNH | 13 of 43 | $15.1bn |
| NvidiaNVDA | 13 of 36 | $13.6bn |
Most sold
Sold some of their stake, or sold out completely.
- AlphabetGOOGL
- Sellers
- 47 of 66
- Value
- $49.9bn
- MicrosoftMSFT
- Sellers
- 33 of 68
- Value
- $30.6bn
- AlphabetGOOG
- Sellers
- 30 of 58
- Value
- $49.3bn
- Taiwan Semiconductor ManufacturingTSM
- Sellers
- 29 of 47
- Value
- $25.0bn
- Amazon.comAMZN
- Sellers
- 27 of 60
- Value
- $36.6bn
- UnitedHealth GroupUNH
- Sellers
- 24 of 43
- Value
- $15.1bn
- Bank of AmericaBAC
- Sellers
- 21 of 39
- Value
- $35.4bn
- MastercardMA
- Sellers
- 20 of 42
- Value
- $11.0bn
- Texas InstrumentsTXN
- Sellers
- 20 of 26
- Value
- $4.3bn
- AppleAAPL
- Sellers
- 19 of 44
- Value
- $82.3bn
| Company | Sellers | Value |
|---|---|---|
| AlphabetGOOGL | 47 of 66 | $49.9bn |
| MicrosoftMSFT | 33 of 68 | $30.6bn |
| AlphabetGOOG | 30 of 58 | $49.3bn |
| Taiwan Semiconductor ManufacturingTSM | 29 of 47 | $25.0bn |
| Amazon.comAMZN | 27 of 60 | $36.6bn |
| UnitedHealth GroupUNH | 24 of 43 | $15.1bn |
| Bank of AmericaBAC | 21 of 39 | $35.4bn |
| MastercardMA | 20 of 42 | $11.0bn |
| Texas InstrumentsTXN | 20 of 26 | $4.3bn |
| AppleAAPL | 19 of 44 | $82.3bn |
New positions
Bought it for the first time this quarter.
- S&P GlobalSPGI
- Buyers
- 18 of 35
- Value
- $12.3bn
- Veeva SystemsVEEV
- Buyers
- 10 of 12
- Value
- $405m
- Celsius HoldingsCELH
- Buyers
- 5 of 6
- Value
- $307m
- Booking HoldingsBKNG
- Buyers
- 13 of 26
- Value
- $11.5bn
- MastercardMA
- Buyers
- 17 of 42
- Value
- $11.0bn
- WorkdayWDAY
- Buyers
- 12 of 13
- Value
- $5.7bn
- NetflixNFLX
- Buyers
- 9 of 18
- Value
- $3.5bn
- AccentureACN
- Buyers
- 9 of 24
- Value
- $2.6bn
- Devon EnergyDVN
- Buyers
- 11 of 15
- Value
- $1.6bn
- GE VernovaGEV
- Buyers
- 5 of 15
- Value
- $1.2bn
| Company | Buyers | Value |
|---|---|---|
| S&P GlobalSPGI | 18 of 35 | $12.3bn |
| Veeva SystemsVEEV | 10 of 12 | $405m |
| Celsius HoldingsCELH | 5 of 6 | $307m |
| Booking HoldingsBKNG | 13 of 26 | $11.5bn |
| MastercardMA | 17 of 42 | $11.0bn |
| WorkdayWDAY | 12 of 13 | $5.7bn |
| NetflixNFLX | 9 of 18 | $3.5bn |
| AccentureACN | 9 of 24 | $2.6bn |
| Devon EnergyDVN | 11 of 15 | $1.6bn |
| GE VernovaGEV | 5 of 15 | $1.2bn |
Most owned
Owned by the most long-term investors we follow.
- MicrosoftMSFT
- Owners
- 68
- Value
- $30.6bn
- AlphabetGOOGL
- Owners
- 66
- Value
- $49.9bn
- Amazon.comAMZN
- Owners
- 60
- Value
- $36.6bn
- AlphabetGOOG
- Owners
- 58
- Value
- $49.3bn
- VisaV
- Owners
- 52
- Value
- $28.7bn
- Meta PlatformsMETA
- Owners
- 50
- Value
- $25.9bn
- Berkshire HathawayBRK-B
- Owners
- 50
- Value
- $10.9bn
- Taiwan Semiconductor ManufacturingTSM
- Owners
- 47
- Value
- $25.0bn
- AppleAAPL
- Owners
- 44
- Value
- $82.3bn
- UnitedHealth GroupUNH
- Owners
- 43
- Value
- $15.1bn
| Company | Owners | Value |
|---|---|---|
| MicrosoftMSFT | 68 | $30.6bn |
| AlphabetGOOGL | 66 | $49.9bn |
| Amazon.comAMZN | 60 | $36.6bn |
| AlphabetGOOG | 58 | $49.3bn |
| VisaV | 52 | $28.7bn |
| Meta PlatformsMETA | 50 | $25.9bn |
| Berkshire HathawayBRK-B | 50 | $10.9bn |
| Taiwan Semiconductor ManufacturingTSM | 47 | $25.0bn |
| AppleAAPL | 44 | $82.3bn |
| UnitedHealth GroupUNH | 43 | $15.1bn |
Long-term investors we follow
Search the funds behind these numbers, or browse by investing style.
- Impactive CapitalActivist
Lauren Taylor Wolfe
- Value
- $1.4bn
- Stocks
- 8
- Top holdings
- VAC, WEX, ABG
- Irenic CapitalActivist
Adam Katz
- Value
- $1.4bn
- Stocks
- 43
- Top holdings
- SNAP, RAL, ITGR
- Tweedy, BrowneDeep value
Tweedy Browne partners
- Value
- $1.3bn
- Stocks
- 91
- Top holdings
- CNH, IONS, KOF
- Matrix Asset AdvisorsValue
David Katz
- Value
- $1.2bn
- Stocks
- 106
- Top holdings
- MSFT, GOOG, PNC
- Biglari CapitalActivist
Sardar Biglari
- Value
- $1.2bn
- Stocks
- 12
- Top holdings
- BH, BH-A, RACE
- Clarkston Capital PartnersQuality
Jeff Hakala
- Value
- $1.2bn
- Stocks
- 96
- Top holdings
- POST, CLVT, AMG
- Triple Frond PartnersQuality
Triple Frond partners
- Value
- $1.1bn
- Stocks
- 13
- Top holdings
- ASML, TDG, MSFT
- Polaris Capital ManagementValue
Bernard Horn
- Value
- $1.1bn
- Stocks
- 84
- Top holdings
- BPOP, JAZZ, SW
- Engine CapitalActivist
Arnaud Ajdler
- Value
- $1.0bn
- Stocks
- 29
- Top holdings
- AVTR, NATL, BCO
- Semper AugustusValue
Christopher Bloomstran
- Value
- $885m
- Stocks
- 50
- Top holdings
- BRK-B, ALK, BRK-A
- Oasis ManagementActivist
Seth Fischer
- Value
- $860m
- Stocks
- 101
- Top holdings
- MTN, APLD, ACMR
- Seilern Investment ManagementQuality
Peter Seilern
- Value
- $794m
- Stocks
- 24
- Top holdings
- MA, UNH, VEEV
- Auxier Asset ManagementValue
Jeff Auxier
- Value
- $745m
- Stocks
- 184
- Top holdings
- PM, GOOGL, MSFT
- SouthernSun Asset ManagementValue
Michael Cook
- Value
- $743m
- Stocks
- 29
- Top holdings
- EXTR, LPX, BOOT
- Torray Investment PartnersValue
Robert Torray (founder)
- Value
- $741m
- Stocks
- 91
- Top holdings
- AVGO, RPRX, CEG
- Tensile Capital ManagementValue
Tensile Capital team
- Value
- $724m
- Stocks
- 22
- Top holdings
- DKS, TYL, LAD
- Cantillon Capital ManagementQuality
William von Mueffling
- Value
- $665m
- Stocks
- 27
- Top holdings
- AVGO, GOOGL, TSM
- Broad Run Investment ManagementQuality
David Firestone
- Value
- $650m
- Stocks
- 24
- Top holdings
- ASTS, AMAT, SUNB
- Aegis FinancialDeep value
Scott Barbee
- Value
- $633m
- Stocks
- 39
- Top holdings
- CVE, PDS, EQX
- Kahn BrothersDeep value
Thomas Kahn
- Value
- $633m
- Stocks
- 48
- Top holdings
- C, BAYRY, FLG
- Third Avenue ManagementDeep value
Matthew Fine
- Value
- $625m
- Stocks
- 55
- Top holdings
- TDW, BCC, VAL
- Nuance InvestmentsValue
Scott Moore
- Value
- $588m
- Stocks
- 52
- Top holdings
- QGEN, CWT, CLX
- Land & BuildingsActivist
Jonathan Litt
- Value
- $583m
- Stocks
- 19
- Top holdings
- AHR, SPG, FR
- Wedgewood PartnersQuality
David Rolfe
- Value
- $484m
- Stocks
- 18
- Top holdings
- TSM, GOOGL, META
- ValueWorksDeep value
Charles Lemonides
- Value
- $479m
- Stocks
- 38
- Top holdings
- INTC, MU, HPP
- Century ManagementValue
Arnold Van Den Berg
- Value
- $473m
- Stocks
- 120
- Top holdings
- DELL, INTC, LUMN
- Miller Value PartnersValue
Bill Miller IV
- Value
- $423m
- Stocks
- 56
- Top holdings
- NBR, GTN, BLMN
- Oldfield PartnersValue
Richard Oldfield
- Value
- $415m
- Stocks
- 18
- Top holdings
- CB, ALLY, DIS
- Kiltearn PartnersValue
Kiltearn team
- Value
- $412m
- Stocks
- 29
- Top holdings
- AMG, CVS, LUV
- Platinum Investment ManagementValue
Platinum team
- Value
- $407m
- Stocks
- 85
- Top holdings
- ZTO, MU, LRCX
- Bruce & Co.Deep value
R. Jeffrey Bruce
- Value
- $369m
- Stocks
- 41
- Top holdings
- ABBV, ALL, AER
- Greenlea Lane CapitalQuality
Josh Tarasoff
- Value
- $364m
- Stocks
- 10
- Top holdings
- AMZN, BN, BRK-A
- Muhlenkamp & Co.Value
Jeff Muhlenkamp
- Value
- $345m
- Stocks
- 28
- Top holdings
- RUSHA, NEM, AEM
- Dalal Street (Pabrai)Value
Mohnish Pabrai
- Value
- $327m
- Stocks
- 4
- Top holdings
- HCC, RIG, AMR
- Engaged CapitalActivist
Glenn Welling
- Value
- $323m
- Stocks
- 9
- Top holdings
- VFC, YETI, GXO
- GoodHaven Capital ManagementValue
Larry Pitkowsky
- Value
- $317m
- Stocks
- 24
- Top holdings
- BRK-B, GOOG, BAC
- Oakcliff CapitalValue
Bryan Lawrence
- Value
- $268m
- Stocks
- 9
- Top holdings
- IBKR, GOOG, GIL
- Daily JournalValue
Charlie Munger (legacy portfolio)
- Value
- $257m
- Stocks
- 4
- Top holdings
- WFC, BAC, BABA
- Punch Card ManagementValue
Norbert Lou
- Value
- $256m
- Stocks
- 5
- Top holdings
- BRK-A, CROX, PDD
- Politan Capital ManagementActivist
Quentin Koffey
- Value
- $255m
- Stocks
- 2
- Top holdings
- CNC, AZTA
- ShawSpring PartnersQuality
Dennis Hong
- Value
- $232m
- Stocks
- 11
- Top holdings
- BABA, AMZN, OKTA
- Moerus Capital ManagementDeep value
Amit Wadhwaney
- Value
- $224m
- Stocks
- 14
- Top holdings
- JEF, CNH, ARCO
- Chou AssociatesDeep value
Francis Chou
- Value
- $217m
- Stocks
- 31
- Top holdings
- BRK-A, GOOG, SYF
- Atlantic Investment ManagementValue
Alex Roepers
- Value
- $192m
- Stocks
- 12
- Top holdings
- ASH, APTV, KEX
- Sarissa CapitalActivist
Alex Denner
- Value
- $178m
- Stocks
- 10
- Top holdings
- INVA, IRWD, AMRN
- Boyar Asset ManagementValue
Mark Boyar
- Value
- $174m
- Stocks
- 77
- Top holdings
- MSFT, JPM, AMP
- Stilwell ValueDeep value
Joseph Stilwell
- Value
- $174m
- Stocks
- 24
- Top holdings
- Wheeler Real Estate Invt TR, KWY, SFBC
- Greenhaven Road CapitalValue
Scott Miller
- Value
- $154m
- Stocks
- 17
- Top holdings
- HGTY, CLBT, KWY
- Aquamarine CapitalValue
Guy Spier
- Value
- $144m
- Stocks
- 7
- Top holdings
- BRK-B, BRK-A, AXP
- Cannell CapitalDeep value
J. Carlo Cannell
- Value
- $143m
- Stocks
- 34
- Top holdings
- ASIC, SNDL, NOA