All the 13Fs are in and the rebal has taken place for AlphaClone. I started tracking a "Hedge Fund Masters" Clone in Jan 2007 that in backtests showed historical outperformance of about 6-12% per year. (I did those tests by hand and it took me an entire month.)
The ten most popular stocks from ten of my favorite hedge fund managers are beating the market by a whopping 27% YTD and 17% a year since 2000. That is astonishing to me. (This even includes one fund imploding, and at the end of 2008 year we replaced Okumus with Appaloosa. Appaloosa clone is absolutely destroying the market this year. )
Below are the 10 managers I track, as well as their current holdings. The portfolio is beating the market by over 40% since I started tracking it in 2007. (Note: I started out tracking the top 2 holdings from each fund as well, and while it outperforms the market by a nice 8% per year, I don’t think it is the best way to track these funds. But I’ve said enough already, go get your hands dirty with the software and come up with your own alpha findings. PS check out the recent Goldman Trend Monitor for some tidbits as well.)
FUNDS
Baupost
Berkshire
Blue Ridge
Eminence
Greenlight
Lone Pine
Maverick
Appaloosa (formerly Okumus, switched beginning of 2009)
Private
Tiger
Top Ten Most Popular Stocks
Qualcomm, QCOM
Visa, V
Google, GOOG
Apple, APPL
Mastercard, MA
Priceline, PCLN
Health Management, HMA
Strayer Ed, STRA
Coca Cola, KO
Union Pacific, UNP
