C

Why super-investors own C

Cohort interest in C is quietly fading — owner count has fallen from a peak of six to just three over the past eight quarters, and Greenhaven Associates exited entirely in 2026Q1 with no new buyers stepping in to offset the departure. The nine remaining positions (combined $3.3B) are heavily skewed toward a handful of deep-value shops: Kahn Brothers Group carries the stock at 16.9% of portfolio, the highest concentration in the cohort, while Richard Pzena holds the largest dollar position at $927M despite a relatively modest 3.0% weight. First Pacific Advisors and Samantha McLemore round out the high-conviction names. The pattern — no adds, no new entrants, one exit — suggests the remaining holders are patient holders rather than active accumulators.

AI-synthesized from 13F filings. Not investment advice.