DISQUS

Fred · 9 months ago

Could you possibly consider posting passport and sprott?

Thanks,
Fred

marketfolly · 9 months ago

hey fred, we'll definitely add them onto the list but it might be a while before we get to them since there's such a big list already. doin this all by myself haha need to get some help

Tony · 9 months ago

Do you know when will Pabrai file his Q4 13F? I'm curious as to what he has been up to lately...

marketfolly · 9 months ago

hey Tony, yea I believe Pabrai has already filed his 13F.. here's a quick summary of what he's done: http://stockmanmarc.blogspot.com/2009/02/mohnis...

and you can always pull up the full filing with the SEC if you want to see all the moves before we cover them

Chris · 8 months ago

Might be a moot question, since they are based in the UK, but is any data available on Brevan Howard?

marketfolly · 8 months ago

hey chris... yea usually the info is limited to just their holdings of US equities or ETFs/options in US markets. That's all they're required to report to the SEC. More info would probably be available from UK regulators. Here's what they reported in February to the SEC for their US holdings: http://sec.gov/Archives/edgar/data/1415453/0000...

Chris · 8 months ago

great, thanks...I'll check that link. Love the blog...great job.

PeterD · 8 months ago

Hi. You mentioned that HFs with > $100M are required to report to the SEC their long holdings from the previous quarter and thus there is always a lag of at least a month and a half. At www.gurufocus.com they list (for premium members, btw )stock purchases/sells that money managers, like Soros et al, have made within the past 2 weeks. I am curious: how can this be possible?

If you are familiar with gurufocus.com, I would kindly appreciate your thoughts on this website. And how would it compare to say Alphaclone? I am asking because I was considering subscribing to gurufocus until I serendipitously stumbled onto your site and then (via your wonderful site) to Alphaclone's site. If there is a lot of overlap between the sites, there is no need to subscribe to both is what I'm getting at.

Thank you.

Best,

PeterD

marketfolly · 8 months ago

hey Peter, thanks for the comment. The only way Gurufocus could list purchases/sales within the last 2 weeks is if they are actively tracking SEC filings (13G, 13D, and form 4 filings). They are simply doing what we here do at Market Folly: they post up all the activity as filed with the SEC. Except, they bundle part of it as "premium" while we just post it all up for free. After all, SEC filings are publicly available for all to see.

The 13F filings show the quarterly holdings and so anything in between those disclosures would be due to 13D filings (ownership of more than 5% of a company & activist intentions), a 13G filing (ownership of more than 5% but a passive stake), or Form 4 (which shows large sales and purchases of large holders). They have to file those right when they make such a large transaction. Tracking hedge funds is what I do, so I've been very anal about it and compared it all by hand to all the sites out there. Personally, I'm not a big fan of Gurufocus just because they occasionally have some calculation errors or data upload errors. And, same can be said for a lot of other sites.

So, to answer your question, I'm obviously biased towards Alphaclone since I use it every single day and know its accurate. Not to mention, they let you clone groups of funds (i.e. combining a bunch of hedge fund portfolios into one single portfolio). In addition to seeing and cloning the positions of a single hedge fund, you can customize so many things that the possibilities are quite extraordinary.

Definitely no need to subscribe to both. I'd say Alphaclone is superior solely due to the amount of things you can customize. Check it out and if you don't like it, then go to Gurufocus. But, I'm pretty sure you won't be doing that after you really get into the possibilities with AlphaClone.

And, on that note, tomorrow morning (4/9) I have a post coming that shows you some more of the possibilities with Alphaclone so I'd suggest you check that out tomorrow morning.

Thanks again for the comment.
~Jay

PeterD · 8 months ago

Thank you for the prompt and thorough reply, Jay. And, indeed, I look forward to reading your post on Alphaclone.

Once again, I am very fortunate to have discovered your site. You should be receiving my donation to your site any minute now.

Best,

PeterD
Canada

P.S. There's a great Jan. 2008 article in bloomberg.com (www.bloomberg.com/news/marketsmag/mm_0108_story...) on James Simons and his Renaissance HF. I did not know this but all the people working at R are scientists. Simons shys away from the MBA types. Simons "blames the herdlike mentality among business school graduates for poor investor returns." Truly a must read.

marketfolly · 8 months ago

Thanks Peter, just sent you an email to personally thank you. The Alphaclone post is up, so hopefully you enjoy reading that.

Also, thanks for bringing the Rentec article to my attention again. I had read that when it was initially published and have included it in today's "What We're Reading" post with a hat tip to you for bringing it to my attention again. It's a good piece and very relevant, considering we just looked at Rentec's positions the other day.

Fred · 7 months ago

Would it also be possible to get Canyon, Ivory, Criterion, Gartmore, RIFF, Altima and Artha?

Thanks,
Fred

marketfolly · 7 months ago

hey Fred, yea we'll definitely tack them onto the list but can't make any promises for every single one. It's only me running the show and I'm being stretched thin these days haha. Trying to find some people to help out so we can cover more funds. Thanks for the suggestions.