Rummage through the holdings of billionaire investors, and you're likely to find similar stocks occupying their portfolios. With so much money to invest, they can't take a meaningful position in a small business because they'd end up owning the whole thing outright, so their investments trend toward larger companies.
Recently, personal-finance website WalletHub examined the most recent SEC disclosures filed by more than 400 hedge funds and billionaires, and it discovered that several stocks made repeat appearances among the top three holdings of some of the world's wealthiest investors. Following are eight stocks that a dozen billionaires thought highly enough of to invest in.
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Source: Fool.com