On the shoulder of billionnaires

Have you ever heard 13F filings? Likely not; not many people know it. But sometimes 13F may reveal very informative information for your investment decisions. Per the U.S. Securities and Exchange Commission (SEC) reporting requirement,  fund managers with $100 million in qualifying assets must report its holdings on Form 13F  in the past quarter. You may search for and retrieve Form 13F filings using the SEC's EDGAR database.

The latest 13F filings, for the quarter that ended March 31, just become available last week. Here is what I learnt in the first quarter 13F filings. Very interestingly, 4 billionnaire investors, Warren Buffett, John Paulson, Kyle Bass, and Daniel Loeb, have invested big money in one company: All of them are buying Verizon (VZ) big time! I assume everyone knows Verizon, the biggest mobile company in the US. It is a well managed company with great business execution. The stock is paying a high dividen at 4.3%. Apparently all these investment gurus think VZ at this price is still cheap. Actually looking at its chart, you can notice that VZ has just broken out its 2 year resistence line. I think VZ is ready for a big run from here. Likely it will come back to retest its support line around $47-48, which will be a great point for entry.