Market Folly - Latest Comments in Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

marketfolly — Mon, 04 May 2009 13:43:55 -0000

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.

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

Fred — Mon, 04 May 2009 10:48:00 -0000

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

Thanks,
Fred

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

marketfolly — Thu, 09 Apr 2009 12:08:36 -0000

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.

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

PeterD — Thu, 09 Apr 2009 02:03:01 -0000

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/mark... 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.

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

marketfolly — Wed, 08 Apr 2009 23:48:03 -0000

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

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

Chris — Tue, 07 Apr 2009 17:33:30 -0000

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

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

marketfolly — Tue, 07 Apr 2009 16:58:04 -0000

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/edg...

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

Chris — Tue, 07 Apr 2009 16:01:53 -0000

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

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

marketfolly — Wed, 18 Feb 2009 11:28:32 -0000

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

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

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

Tony — Wed, 18 Feb 2009 00:51:15 -0000

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

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

marketfolly — Mon, 16 Feb 2009 19:19:11 -0000

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

Re: Hedge Fund Portfolio Tracking: Q4 2008 13F Filings

Fred — Mon, 16 Feb 2009 19:11:23 -0000

Could you possibly consider posting passport and sprott?

Thanks,
Fred