Biggest sells · conviction collapses
When smart money walked away
Across 8 quarters of 13F filings, 2649 sell actions from HoldLens’s tracked superinvestors crossed the noise floor. 746 were total exits — conviction reversals. 789 trims cut 40% or more of the remaining position.
Dataroma shows current holdings. HoldLens shows the moment a manager said enough — which quarter the thesis broke, and how hard they hit the exit. Exits are the loudest signal a 13F can send.
2649
Big sells & exits
746
Full conviction reversals
789
Cut 40%+
Top 10 · the loudest exits
Walk-away trades, ranked
Q3 2025·EXIT
SIRISIRI
-100%
closed
“Closed Sirius XM fully.”
ConvictionScore: −6
Q1 2025·EXIT
HPQHPQ
-100%
closed
“Closed HP fully.”
ConvictionScore: −1
Q2 2026·EXIT
STZCONSTELLATION BRANDS INC
-100%
closed
ConvictionScore: −5
Q1 2026·EXIT
VSector: FinancialsConvictionScore: −15Still held by 10 managers
Q1 2026·EXIT
MASector: FinancialsConvictionScore: 0Still held by 6 managers
Q1 2026·EXIT
UNHSector: HealthcareConvictionScore: −24Still held by 2 managers
Q1 2026·EXIT
DPZDOMINOS PIZZA INC
-100%
closed
ConvictionScore: +6
AON
POOLQ1 2026·EXIT
AMZNSector: TechnologyConvictionScore: −6Still held by 3 managers
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Remove with Pro →Full list · top 200 meaningful sells
Top 200 big sells, sorted by magnitude
Showing the 200 most significant cuts out of 2,649 total. For the complete long tail, drill into /quarter/2025-q4 or a specific manager's investor page.
| # | Manager | Ticker | Quarter | Action | Cut |
|---|---|---|---|---|---|
| 1 | Warren Buffett q10 · Berkshire Hathaway | SIRI SIRI | Q3 2025 | EXIT | -100% |
| 2 | Warren Buffett q10 · Berkshire Hathaway | HPQ HPQ | Q1 2025 | EXIT | -100% |
| 3 | Warren Buffett q10 · Berkshire Hathaway | STZ CONSTELLATION BRANDS INC | Q2 2026 | EXIT | -100% |
| 4 | Warren Buffett q10 · Berkshire Hathaway | V VISA INC | Q1 2026 | EXIT | -100% |
| 5 | Warren Buffett q10 · Berkshire Hathaway | MA MASTERCARD INCORPORATED | Q1 2026 | EXIT | -100% |
| 6 | Warren Buffett q10 · Berkshire Hathaway | UNH UNITEDHEALTH GROUP INC | Q1 2026 | EXIT | -100% |
| 7 | Warren Buffett q10 · Berkshire Hathaway | DPZ DOMINOS PIZZA INC | Q1 2026 | EXIT | -100% |
| 8 | Warren Buffett q10 · Berkshire Hathaway | AON AON PLC | Q1 2026 | EXIT | -100% |
| 9 | Warren Buffett q10 · Berkshire Hathaway | POOL POOL CORP | Q1 2026 | EXIT | -100% |
| 10 | Warren Buffett q10 · Berkshire Hathaway | AMZN AMAZON COM INC | Q1 2026 | EXIT | -100% |
| 11 | Warren Buffett q10 · Berkshire Hathaway | CHTR CHARTER COMMUNICATIONS INC N | Q1 2026 | EXIT | -100% |
| 12 | Warren Buffett q10 · Berkshire Hathaway | HEI HEICO CORP NEW | Q1 2026 | EXIT | -100% |
| 13 | Warren Buffett q10 · Berkshire Hathaway | LAMR LAMAR ADVERTISING CO NEW | Q1 2026 | EXIT | -100% |
| 14 | Warren Buffett q10 · Berkshire Hathaway | LSXMA LIBERTY MEDIA CORP DEL | Q1 2026 | EXIT | -100% |
| 15 | Warren Buffett q10 · Berkshire Hathaway | BATRA ATLANTA BRAVES HLDGS INC | Q1 2026 | EXIT | -100% |
| 16 | Warren Buffett q10 · Berkshire Hathaway | DEO DIAGEO PLC | Q1 2026 | EXIT | -100% |
| 17 | Warren Buffett q10 · Berkshire Hathaway | ALLE ALLEGION PLC | Q1 2026 | EXIT | -100% |
| 18 | Warren Buffett q10 · Berkshire Hathaway | LILAK LIBERTY LATIN AMERICA LTD | Q1 2026 | EXIT | -100% |
| 19 | Warren Buffett q10 · Berkshire Hathaway | DHI D R HORTON INC | Q3 2025 | EXIT | -100% |
| 20 | Warren Buffett q10 · Berkshire Hathaway | TMUS T-MOBILE US INC | Q2 2025 | EXIT | -100% |
| 21 | Warren Buffett q10 · Berkshire Hathaway | C CITIGROUP INC | Q1 2025 | EXIT | -100% |
| 22 | Warren Buffett q10 · Berkshire Hathaway | NU NU HLDGS LTD | Q1 2025 | EXIT | -100% |
| 23 | Warren Buffett q10 · Berkshire Hathaway | SPG SPDR S&P 500 ETF TR | Q4 2024 | EXIT | -100% |
| 24 | Warren Buffett q10 · Berkshire Hathaway | ULTA ULTA BEAUTY INC | Q4 2024 | EXIT | -100% |
| 25 | Chris Hohn q9 · TCI Fund Management | MSFT MICROSOFT CORP | Q2 2026 | EXIT | -100% |
| 26 | David Rolfe q9 · Wedgewood Partners | TSCO TRACTOR SUPPLY CO | Q2 2026 | EXIT | -100% |
| 27 | David Rolfe q9 · Wedgewood Partners | CDW CDW CORP | Q2 2026 | EXIT | -100% |
| 28 | David Rolfe q9 · Wedgewood Partners | ZTS ZOETIS INC | Q2 2026 | EXIT | -100% |
| 29 | David Rolfe q9 · Wedgewood Partners | IVV ISHARES TR | Q2 2026 | EXIT | -100% |
| 30 | David Tepper q9 · Appaloosa Management | PDD PDD HOLDINGS INC | Q2 2026 | EXIT | -100% |
| 31 | David Tepper q9 · Appaloosa Management | BALL BALL CORP | Q2 2026 | EXIT | -100% |
| 32 | David Tepper q9 · Appaloosa Management | JD JD.COM INC | Q2 2026 | EXIT | -100% |
| 33 | David Tepper q9 · Appaloosa Management | LYFT LYFT INC | Q2 2026 | EXIT | -100% |
| 34 | David Tepper q9 · Appaloosa Management | MSFT MICROSOFT CORP | Q2 2026 | EXIT | -100% |
| 35 | David Tepper q9 · Appaloosa Management | UNH UNITEDHEALTH GROUP INC | Q2 2026 | EXIT | -100% |
| 36 | François Rochon q9 · Giverny Capital | MTB M & T BK CORP | Q2 2026 | EXIT | -100% |
| 37 | François Rochon q9 · Giverny Capital | ODFL OLD DOMINION FREIGHT LINE IN | Q2 2026 | EXIT | -100% |
| 38 | François Rochon q9 · Giverny Capital | SITE SITEONE LANDSCAPE SUPPLY INC | Q2 2026 | EXIT | -100% |
| 39 | François Rochon q9 · Giverny Capital | NVO NOVO-NORDISK A S | Q2 2026 | EXIT | -100% |
| 40 | Howard Marks q9 · Oaktree Capital | PBR PETROLEO BRASILEIRO SA - PETROBRAS | Q2 2026 | EXIT | -100% |
| 41 | Howard Marks q9 · Oaktree Capital | Q2 Q2 HOLDINGS INC | Q2 2026 | EXIT | -100% |
| 42 | Howard Marks q9 · Oaktree Capital | OKTA OKTA INC | Q2 2026 | EXIT | -100% |
| 43 | Howard Marks q9 · Oaktree Capital | PDD PDD HOLDINGS INC | Q2 2026 | EXIT | -100% |
| 44 | Howard Marks q9 · Oaktree Capital | BAND BANDWIDTH INC | Q2 2026 | EXIT | -100% |
| 45 | Howard Marks q9 · Oaktree Capital | NRG NRG ENERGY INC | Q2 2026 | EXIT | -100% |
| 46 | Howard Marks q9 · Oaktree Capital | POST POST HOLDINGS INC | Q2 2026 | EXIT | -100% |
| 47 | Howard Marks q9 · Oaktree Capital | HDB HDFC BANK LTD | Q2 2026 | EXIT | -100% |
| 48 | John Armitage q9 · Egerton Capital | CGI CGI INC | Q2 2026 | EXIT | -100% |
| 49 | Seth Klarman q9 · Baupost Group | WTW WILLIS TOWERS WATSON PLC LTD | Q2 2026 | EXIT | -100% |
| 50 | Stanley Druckenmiller q9 · Duquesne Family Office | BN Broadcom Inc | Q2 2026 | EXIT | -100% |
| 51 | Stanley Druckenmiller q9 · Duquesne Family Office | QSR Restaurant Brands Intl Inc | Q2 2026 | EXIT | -100% |
| 52 | Stanley Druckenmiller q9 · Duquesne Family Office | JABIL Jabil Inc | Q2 2026 | EXIT | -100% |
| 53 | Stanley Druckenmiller q9 · Duquesne Family Office | INTC Intel Corp | Q2 2026 | EXIT | -100% |
| 54 | Stanley Druckenmiller q9 · Duquesne Family Office | COHR Coherent Corp | Q2 2026 | EXIT | -100% |
| 55 | Stanley Druckenmiller q9 · Duquesne Family Office | MU Micron Technology Inc | Q2 2026 | EXIT | -100% |
| 56 | Stanley Druckenmiller q9 · Duquesne Family Office | MELI Mercadolibre Inc | Q2 2026 | EXIT | -100% |
| 57 | Stephen Mandel q9 · Lone Pine Capital | VST VISTRA CORP | Q2 2026 | EXIT | -100% |
| 58 | Stephen Mandel q9 · Lone Pine Capital | TLN TALEN ENERGY CORP | Q2 2026 | EXIT | -100% |
| 59 | Stephen Mandel q9 · Lone Pine Capital | THC TENET HEALTHCARE CORP | Q2 2026 | EXIT | -100% |
| 60 | Stephen Mandel q9 · Lone Pine Capital | COF CAPITAL ONE FINL CORP | Q2 2026 | EXIT | -100% |
| 61 | Stephen Mandel q9 · Lone Pine Capital | ENTG ENTEGRIS INC | Q2 2026 | EXIT | -100% |
| 62 | Stephen Mandel q9 · Lone Pine Capital | CIENA CIENA CORP | Q2 2026 | EXIT | -100% |
| 63 | Stephen Mandel q9 · Lone Pine Capital | SPOT SPOTIFY TECHNOLOGY S A | Q2 2026 | EXIT | -100% |
| 64 | Stephen Mandel q9 · Lone Pine Capital | HLT HILTON WORLDWIDE HLDGS INC | Q2 2026 | EXIT | -100% |
| 65 | Stephen Mandel q9 · Lone Pine Capital | MA MASTERCARD INCORPORATED | Q2 2026 | EXIT | -100% |
| 66 | Stephen Mandel q9 · Lone Pine Capital | BKNG BOOKING HOLDINGS INC | Q2 2026 | EXIT | -100% |
| 67 | Stephen Mandel q9 · Lone Pine Capital | BSX BOSTON SCIENTIFIC CORP | Q2 2026 | EXIT | -100% |
| 68 | Stephen Mandel q9 · Lone Pine Capital | KKR KKR & CO INC | Q2 2026 | EXIT | -100% |
| 69 | Terry Smith q9 · Fundsmith | ZTS ZOETIS INC | Q2 2026 | EXIT | -100% |
| 70 | Terry Smith q9 · Fundsmith | QLYS QUALYS INC | Q2 2026 | EXIT | -100% |
| 71 | Chuck Akre q9 · Akre Capital Management | DHR DANAHER CORPORATION | Q1 2026 | EXIT | -100% |
| 72 | Chuck Akre q9 · Akre Capital Management | CARG CARMAX INC | Q1 2026 | EXIT | -100% |
| 73 | David Rolfe q9 · Wedgewood Partners | PYPL PAYPAL HLDGS INC | Q1 2026 | EXIT | -100% |
| 74 | David Tepper q9 · Appaloosa Management | IQV IQVIA HLDGS INC | Q1 2026 | EXIT | -100% |
| 75 | David Tepper q9 · Appaloosa Management | IVV ISHARES TR | Q1 2026 | EXIT | -100% |
| 76 | David Tepper q9 · Appaloosa Management | DAL DELTA AIR LINES INC DEL | Q1 2026 | EXIT | -100% |
| 77 | Dev Kantesaria q9 · Valley Forge Capital | MSCI MSCI INC | Q1 2026 | EXIT | -100% |
| 78 | Dev Kantesaria q9 · Valley Forge Capital | EFX EQUIFAX INC | Q1 2026 | EXIT | -100% |
| 79 | François Rochon q9 · Giverny Capital | COF CAPITAL ONE FC | Q1 2026 | EXIT | -100% |
| 80 | François Rochon q9 · Giverny Capital | IONQ INTUITIVE SURGICAL INC | Q1 2026 | EXIT | -100% |
| 81 | Howard Marks q9 · Oaktree Capital | SPG STATE STREET CORP | Q1 2026 | EXIT | -100% |
| 82 | Howard Marks q9 · Oaktree Capital | ORCL ORACLE CORP | Q1 2026 | EXIT | -100% |
| 83 | Howard Marks q9 · Oaktree Capital | NU NU HOLDINGS LTD/CAYMAN ISLANDS | Q1 2026 | EXIT | -100% |
| 84 | Howard Marks q9 · Oaktree Capital | CABO CABLE ONE INC | Q1 2026 | EXIT | -100% |
| 85 | Howard Marks q9 · Oaktree Capital | GRAB GRAB HOLDINGS LTD | Q1 2026 | EXIT | -100% |
| 86 | Howard Marks q9 · Oaktree Capital | ABNB AIRBNB INC | Q1 2026 | EXIT | -100% |
| 87 | Howard Marks q9 · Oaktree Capital | MAR MARRIOTT INTERNATIONAL INC/MD | Q1 2026 | EXIT | -100% |
| 88 | Howard Marks q9 · Oaktree Capital | VALE VALE SA | Q1 2026 | EXIT | -100% |
| 89 | Howard Marks q9 · Oaktree Capital | ONITY ONITY GROUP INC | Q1 2026 | EXIT | -100% |
| 90 | Howard Marks q9 · Oaktree Capital | PPL PPL CORP | Q1 2026 | EXIT | -100% |
| 91 | Howard Marks q9 · Oaktree Capital | EXE EXPAND ENERGY CORP | Q1 2026 | EXIT | -100% |
| 92 | Howard Marks q9 · Oaktree Capital | MKS MKS INC | Q1 2026 | EXIT | -100% |
| 93 | Howard Marks q9 · Oaktree Capital | SHAK SHAKE SHACK INC | Q1 2026 | EXIT | -100% |
| 94 | Howard Marks q9 · Oaktree Capital | BBIO BRIDGEBIO PHARMA INC | Q1 2026 | EXIT | -100% |
| 95 | Howard Marks q9 · Oaktree Capital | GH GUARDANT HEALTH INC | Q1 2026 | EXIT | -100% |
| 96 | Howard Marks q9 · Oaktree Capital | LYFT LYFT INC | Q1 2026 | EXIT | -100% |
| 97 | Howard Marks q9 · Oaktree Capital | ON ON SEMICONDUCTOR CORP | Q1 2026 | EXIT | -100% |
| 98 | John Armitage q9 · Egerton Capital | FTI TECHNIPFMC PLC | Q1 2026 | EXIT | -100% |
| 99 | John Armitage q9 · Egerton Capital | AMKR AMKOR TECHNOLOGY INC | Q1 2026 | EXIT | -100% |
| 100 | Seth Klarman q9 · Baupost Group | FNF FIDELITY NATL INFORMATION SV | Q1 2026 | EXIT | -100% |
How biggest sells are ranked
Exits treated as -100% cuts, trims ≥15% counted
- 1. Action filter. Only trim and exit actions count. New buys and adds live on /biggest-buys.
- 2. Trim floor. Trims under 15% are dropped — tax-lot rebalancing noise. Above 15% the manager is actively reducing conviction, not rebalancing.
- 3. Exits as -100%. A full exit is the loudest possible sell signal, so every exit is mapped to a -100% magnitude and bubbles to the top alongside deep trims.
- 4. Ranking. Most-negative magnitude first, tiebroken by manager quality and remaining book weight.
Paired with /biggest-buys, this gives the complete picture: where capital flowed in, and where it bled out. Together they reveal what the smartest managers believe right now — and what they no longer believe.
Not investment advice. deltaPct values are sourced from parsed 13F filings. Methodology.