GuruFocus offers an S&P 500 grid which shows the most owned and bought stocks by various investors. However, the grid doesn’t convey exactly how much each stock is owned. It just shows how many investors have a holding in each respective stock no matter how small. I went through the holdings to produce a list of the top 10 measured by average portfolio holding.
GuruFocus also shows what percentage each stock makes up in a given investors portfolio. I went through the “Guru” holdings and took an average of these percentage holdings for many of the stocks. I didn’t do all of them, just the ones I figured would make the top 10. There were some significant changes. Pfizer, which was the 2nd most held stock, was booted out of the top 10. Coca-Cola, which makes up 25% of Warren Buffett’s holdings, was pushed to #1.
I didn’t weight the holdings for portfolio size and had I Coca-Cola and Wells would likely jump farther ahead because of Buffett’s huge portfolio. I like this method better because it shows how confident investors are in a given stock. It’s much more significant to make a stock a larger part of your portfolio than to simply hold it in small amounts. It is skewed by Buffett, but there are other stocks that did jump up on the list such as Apple.
|Wells Fargo (WFC)||2.68|
|Conoco Phillips (COP)||2.26|
|Johnson & Johnson (JNJ)||2.21|
|Proctor & Gamble (PG)||1.82|
|American Express (AXP)||1.73|
|Berkshire (B's) (BRK.B)||1.61|
|JP Morgan (JPM)||1.29|
|Bank of America (BAC)||1.036|
About the author:
Josh ZachariahI credit my father and Warren Buffett for molding me into the investor I am today.