Market Folly

Hedge Fund Blue Ridge Concentrates on Apple

Born1929,

You can make money off hedge fund holdings certainly. We've illustrated that with our Market Folly portfolio that is seeing 20.5% annualized returns. It invests in the very SEC filings we track and post up. See our post here: www.marketfolly.com/20...


On Sep 04 08:25 AM BORN1929 wrote:

> why to spend all the lifetime to track others past holdings, where
> you can make money out of it

Doug Kass Updates His Model Portfolio

MarkGill, indeed Kass has made some solid major calls the past few years.

Doug Kass Updates His Model Portfolio

Pax, thanks for all the compliments, we appreciate it for all our hard work!

Tremblant Bets on Tech Sector

thanks user 6655321!

Tremblant Bets on Tech Sector

thanks ArtfulDodger glad you enjoyed

Tiger Global: Still Short REITs and Financials

StoneFox, you're right in that these shorts definitely hurt them in Q2. In fact, they were down big in April are are now down around 8% for 2009.

Shumway Capital: Visa Is Top Holding

Paul, thanks very much... glad you find it useful.

Maverick Capital's 13F Filing for Q408

thanks for the comment. They added to their BRK-A position, so they added the A shares. Then they reduced their position in BRK-B, the B shares. The article should say BRK-B under the "reduced" column. I apologize for any confusion and I'll notify SA to edit this. Thanks.

Hedge Fund Portfolio Tracking: Citadel Investment Group (Ken Griffin), Q3 2008

thanks granger, glad you enjoy them.

Hedge Fund Tracking: Tudor Investment Corp. (Paul Tudor Jones), Q3 2008

User 288994,

all the holdings listed above (& in all 13F filings for that matter) are long holdings. they are not required to disclose short positions

hope this helps.

Hedge Fund Portfolio Tracking: Citadel Investment Group (Ken Griffin), Q3 2008

To commenter "All Idiots,"

Um, are you serious? The positions are taken directly off of the 13F filing made by Citadel with the SEC. Can be found by searching their EDGAR database at sec.gov

Hedge funds with more than $100 million under management are required to disclose positions once each quarter.

Hedge Fund Portfolio Tracking: Citadel Investment Group (Ken Griffin), Q3 2008

Steal,

Thanks, glad you've found it helpful.

Hedge Fund Portfolio Tracking: Renaissance Technologies (Jim Simons), Q3 2008

DMoser, completely agreed. And that's why we have listed a note in the article saying that tracking Renaissance by 13F is not really useful, but more for fun since people are interested in what they are doing. Perhaps we should have made the note in bold or more prevalent, but there is one within the article. Thanks for the comment, we'll make it bold next time around.

Hedge Fund Portfolio Tracking: Renaissance Technologies (Jim Simons), Q3 2008

Rolex18K: We've selected a list of managers who have a *proven* track record of long term outperformance. We're merely providing a resource for investors who wish to get inside these manager's heads. It can be tedious to go through and calculate % changes from quarter to quarter for each hedge fund, having to go line by line, position by position. We're simply trying to save investors some time who want this information. If it is not of use to you, then don't use it.

Also, you'll probably be interested to know that you *CAN* make money simply by mimicking their portfolios, as Mebane Faber has proved with his Alphaclone. Portfolios constructed using selected managers with proven outperforming track records have outperformed the s&p. Mebane's done great work, for instance tracking 'Tiger Cub' funds who we track on our blog. If you had selected a portfolio combo of their holdings, you would have outperformed the markets by 12% a year. You could also hedge the portfolio with a s&p hedge and then go long the various holdings and you could see the following results: Annualized Return: 13.5%, Volatility: 16.1%, MaxDD: -23.9%.

So, while you're entitled to your opinion that it does not work, there is a ton of numerical evidence that it indeed does work. But, in the end, we're simply providing a resource for investors. Thanks for your comment.

Hedge Fund Tracking: Farallon Capital Management (Thomas Steyer), Q3 2008

haha TimboM, now that would be something interesting... imagine if you could short the hedge fund itself hah