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Updates to stock portfolios of Saurabh Mukherjea, Chuck Akre, Mohnish Pabrai, Prem Watsa, George Soros, and John Paulson

2024-06-18 01:58:17.821000

Ace investor Saurabh Mukherjea has made updates to his Little Champs portfolio, adding four new stocks. Home First Finance has been replaced with MAS Financial Services in the Kings of the Capital portfolio, and SKF India is the new addition to the Rising Giants portfolio. Mukherjea mentioned that there is an uptrend in export volumes for pharma-oriented companies and any positive development on interest rate cuts by the Fed can improve consumer sentiments and benefit stocks with global market exposure. The small-cap portfolio underperformed in 2023. The stocks added to the portfolio are Ami Organics and Shanthi Gears [719ab6a3].

Meanwhile, Chuck Akre, founder of Akre Capital Management, made notable changes to his portfolio in Q4 2023. He added SBA Communications Corp to his portfolio with 180,629 shares. He also increased his positions in American Tower Corp and CoStar Group Inc. On the other hand, he reduced his stakes in Mastercard Inc and Visa Inc. As of Q4 2023, Akre's portfolio comprised 18 stocks, with the top holdings being Mastercard Inc, Moody's Corporation, American Tower Corp, KKR & Co Inc, and O'Reilly Automotive Inc [9b9def52].

Mohnish Pabrai, the Managing Partner of Pabrai Investment Funds, made strategic moves in his U.S.-based portfolio in Q4 2023. He added Warrior Met Coal Inc to his portfolio with a 15.47% stake, and increased his stake in Arch Resources Inc. Pabrai reduced his positions in Alpha Metallurgical Resources Inc and CONSOL Energy Inc. At the end of Q4 2023, Pabrai's portfolio included 4 stocks, with top holdings in Alpha Metallurgical Resources Inc, Arch Resources Inc, Warrior Met Coal Inc, and CONSOL Energy Inc [9ab2461f].

Prem Watsa, the Chairman and CEO of Fairfax Financial Holdings, also made changes to his portfolio in Q4 2023. Watsa's 13F portfolio value decreased from $1.86B to $1.47B this quarter. The top three positions in Watsa's portfolio are Occidental Petroleum, Micron Technology, and BlackBerry, accounting for approximately 60% of the entire portfolio. Watsa increased his stake in Orla Mining and decreased his stake in Alphabet, General Electric, and Intel [c7b935f7].

George Soros's 13F portfolio value increased from $7.05B to $7.65B in Q4 2023. The top three individual stocks held were Splunk, AerCap, and Alphabet. New short positions were opened in Capital One Financial and Spirit Airlines through Puts, among others. Soros Fund Management invests globally and the long positions in the US market reported in the 13F filings represent ~25% of the overall portfolio. The 13F portfolio value increased from $7.05B to $7.65B this quarter. The number of positions remained steady at 209. Very small stock positions and large debt holdings together account for ~60% of the 13F holdings. The investments are diversified with a large number of very small equity positions, a small number of large equity positions, and a few large debt holdings. The top three individual stocks held as of Q4 2023 were Splunk, AerCap, and Alphabet [fa20d4c9].

John Paulson's Paulson & Company portfolio value increased to approximately $1.45 billion in Q1 2024. The portfolio consists of 18 securities, with top positions in Madrigal Pharma and Bausch Health. Stake disposals include SSR Mining, while stake increases were made in Madrigal Pharma, NovaGold Resources, and stake decreases in AngloGold Ashanti. Paulson is known for his leveraged bets against the real-estate bubble and converted to a Family Office structure in 2020 [8e28d6f6].

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