Today we published a new fund group called AlphaClone Activist Masters. The group clones the collective intelligence of fifteen renowned activist investors such as Carl Icahn, Relational Investors, Steel Partners, ValueAct Holdings, Pershing Square Capital Management and ten others.
The group’s Top 2 Holdings clone, an equal weighted basket of 30 stocks made up of each managers largest two holdings and rebalanced quarterly beats the S&P500 by a whopping 8 percentage points annualized since 2000 and is has returned 40% in the past twelve months versus 25% for S&P500TR index (as of 2/7/2010).
What’s the clone hold today? We’ll rebalance all our clone portfolios on the evening of 2/19 to reflect the latest public disclosure filings as of 12/31/2009 but for now, here’s what the portfolio currently holds ranked highest to lowest by disclosed market value:
1.[GLD] SPDR Gold
2.[IEP] Icahn Entpr LP
3.[BAC] BANK OF AMERICA C...
4.[TGT] TARGET CORP
5.[EMC] E M C CORP MASS
6.[HD] HOME DEPOT INC
7.[FDML] FEDERAL MOGUL CORP
8.[BAX] BAXTER INTL INC
9.[EBR+B] CENTRAIS ELETRICA...
10.[PFE] PFIZER INC
11.[VRX] VALEANT PHARMACEU..
12.[CVC] CABLEVISION SYS CORP
13.[SLE] SARA LEE CORP
14.[WEN] WENDYS ARBYS GROU...
15.[TIF] TIFFANY & CO NEW
16.[FLS] FLOWSERVE CORP
17.[TXI] TEXAS INDS INC
18.[ARRS] ARRIS GROUP INC
19.[RDC] ROWAN COS INC
20.[PHH] PHH CORP
21.[NYX] NYSE EURONEXT
22.[CVG] CONVERGYS CORP
23.[CF] CF INDS HLDGS INC
24.[BLUD] IMMUCOR INC
25.[EPIC] EPICOR SOFTWARE
26.[VLO] VALERO ENERGY
27.[ADPT] ADAPTEC INC
28.[MBI] MBIA INC
29.[ELGX] ENDOLOGIX INC
30.[CSTR] COINSTAR INC
