Top Billionaire Stock Picks in Q3

This past quarter, top investors made strategic portfolio moves across tech, consumer goods, healthcare, and sustainable infrastructure. From Warren Buffett’s consumer-focused picks to Cathie Wood’s bold tech bets, here’s a deep dive into Q3’s top acquisitions and the investment trends they signal.

Top Stocks Bought in Q3 📊

This quarter’s standout stock buys showcase a mix of high-growth tech investments and stable assets, with institutions honing in on assets that offer both innovation and resilience. Key highlights include:

• Apple (AAPL): With 11.78 million shares added at $4.26 billion. Even if Warren Buffett’s Berkshire Hathaway trimmed its stake by 25%, Apple continues to be a cornerstone in many portfolios.
• Amazon (AMZN): 16.56 milion shares added at approximately $2.55 billion. Broad revenue streams, particularly in cloud and AI, keep Amazon a top choice for investors.
• Flutter Entertainment (FLUT): With 9.87 million shares added at $2.41 billion, Flutter’s growth in online sports betting attracts strong investor interest globally.
• iShares 7-10 Year Treasury Bond ETF (IEF): 21.29 milion shares added at approximately $2.18 billion. Investors seek safety with Treasury assets amid economic uncertainty.
• Sirius XM Holding (SIRI): 93.4 milion shares added at approximately $2.15 billion. Stable, subscription-based revenue makes Sirius XM appealing in volatile times.

Top Newly Added Stocks in Q3 📈

Newly added stocks this quarter reflect diversification into gaming, healthcare, and consumer sectors. Here are the standouts:

• Flutter Entertainment (FLUT): 6.44 milion shares added at approximately $1.53 billion. Investors are increasingly optimistic about the gaming and betting industry’s potential.
• Stryker Corporation (SYK): With 2.11 million shares added at $762.8 million, Stryker is set to benefit from rising healthcare demands and an aging population.
• Talen Energy (TLNE): 3.59 million shares added at $639.46 million. Attracts interest as demand for energy and infrastructure rises, aligning well with the shift toward renewable energy.
• Smurfit WestRock (SW): 11.75 milion shares added at approximately $580.71 million. This newly formed packaging giant, created through the merger of Smurfit Kappa and WestRock, is well-placed to meet global demand for sustainable solutions.
• Starbucks (SBUX): 5.72 milion shares added at approximately $557.25 million. Brand loyalty and global expansion make Starbucks a strong player in consumer goods.
• Domino's Pizza (DPZ): The addition of 1.28 million shares valued at approximately $551.23 million showcases investor confidence in the fast-food chain’s ability to maintain growth.

Individual Investor New Acquisitions 🚀

Individual investors made strategic moves reflecting their unique approaches to the current market landscape. Here are some of the most notable additions made by top investors:

1. Warren Buffet (Berkshire Hathaway)

• Domino's Pizza (DPZ): Acquired 1.28 million shares valued at approximately $549 million.
• Pool Corporation (POOL): Purchased 404,057 shares worth about $152 million.
• Focus: Consumer services and leisure.

2. Bill Ackman (Pershing Square Capital Management, L.P.)

• Nike (NKE): Increased stake by 440%, despite the stock's 14% decline since September.
• Brookfield Corporation (BN): Expanded holdings fivefold to 33 million shares, valued at $1.7 billion.
• Confidence in: Consumer goods and asset management.

3. Cathie Wood (ARK Investment Management LLC)

• Aurora Inovation (AUR): Added 2.10 million shares valued at approximately $12.4 million.
• Alarum Technologies (ALAR): Added 73,749 shares valued at approximately $785,000.
• Focus: Innovative tech and cybersecurity.

4. Bill Gates (Bill & Melinda Gates Foundation Trust)

• PACCAR Inc. (PCAR): Acquired 1.00 million shares valued at approximately $99 million.
• Interest: Infrastructure and industrials.

5. Michael Burry (Scion Capital Management)

• Alibaba (BABA): Added 45,000 shares, totaling 200,000 shares.
• Baidu (BIDU): Increased position by 50,000 shares.
• JD.com (JD): Doubled holdings to 500,000 shares.
• Note: Burry also purchased put options against these stocks, indicating a hedged approach towards Chinese technology companies.

6. Ray Dalio (Bridgewater Associates, LP)

• British American Tobacco (BTI): Added 740,000 shares valued at approximately $27 million.
• Lam Research Corp (LRCX): Trippled holdings to 2.76 million shares, valued at $225 billion.
• Shell Plc (SHEL): Added 133,194 shares valued at approximately $8.8 million.

7. George Soros (Soros Fund Management LLC)

• Smurfit WestRock (SW): Acquired 6.9 million shares valued at approximately $341 million.
• iShares Core S&P 500 ETF (IVV): Acquired 215,000 shares valued at approximately $124 million.
• Financial Select Sector SPDR Fund (XLF): Acquired 2.8 million shares valued at approximately $126.9 million.

8. Stanley Druckenmiller (Duquesne Family Office LLC)

• Ascendis Pharma (ASND): Acquired 267,000 shares valued at approximately $40 million.
• nVent Electric (NVT): Acquired 453,200 shares valued at approximately $32 million.
• Verona Pharma (VRNA): Acquired 686 shares valued at approximately $19 million.

9. Daniel Loeb (Third Point LLC)

• Brookfield Corp (BN): Acquired 2.51 million shares valued at approximately $251 million.
• Flutter Entertainment (FLUT): Acquired 1.21 million shares valued at approximately $121 million.

10. Al Gore (Generation Investment Management LLP)

• Agilent Technologies (A): Added 3.03 million shares valued at approximately $450.52 million.

Key Takeaways 💡

Last quarter, top investors showed us where they see potential—balancing tech and healthcare growth with the stability of consumer goods and sustainable investments.

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