AlphaClone

AlphaClone Cited in WSJ Front Page Article on Hedge Fund Pack Mentality

If you missed Jenny Strasburg and Susan Pulliam's article yesterday entitled "Pack Mentality Grips Hedge Funds", on crowded hedge fund trades, it is definitely worth a read.  We're humbled to have been asked to help with the article. 

AlphaClone Interview On Tradestream Radio

Many of you know Zack Miller and his blog New Rules of Investing.  Zack is quickly emerging as THE authority on new online trends in investing.  His new book Tradestreaming, which includes a chapter on AlphaClone and piggyback investing, is an excellent read if you haven't picked it up yet.  He also has a great radio show where he discusses the latest trends and events in the investing world.  His latest eqisode includes an interview with yours truly where we discuss our progress at AlphaClone as well as the latest hedge insider trading scandal. 

AlphaClone On The Motley Fool

Popular personal finance site, The Motley Fool, has partnered with AlphaClone on a new series of articles that explore the latest investment moves from some of the world's greated investors.  We're delighted "the Fools" like our research.  We'll post new articles here as they are published.

Updated: April 19, 2011

• Buffett Watch: What Berkshire Hathaway Bought and Sold

• What Has Hawkins' Southeastern Asset Management Been Buying and Selling?

• Top Holdings and New Trades: Pzena Investment Management

• Top Holdings and New Trades: Akre Capital Management

• Top Holdings and New Trades: Brandes Investment Partners

• Recent Trades: Pershing Square Capital Management

• Here's What Davis Selected Advisors Bought and Sold Last Quarter

• Here's What Berkowitz's Fairholme Capital Management Bought and Sold Last Quarter

• Here's What Icahn Capital Bought and Sold Last Quarter

• Here's What Ariel Capital Bought and Sold Last Quarter

• Here's What Einhorn's Greenlight Capital Bought and Sold Last Quarter

• What Stocks Has Hedge Fund Brave Warrior Advisors Been Buying and Selling?

• Here's What Dodge & Cox Has Been Buying and Selling

• Hedge Fund Manager David Tepper Bought Banks and Tech

• Top Holdings and New Trades: Mohnish Pabrai

• Top Holdings and New Trades: Private Capital Management

• "5 Dividend Stocks You Shouldn't Go Without" by Dan Caplinger

• "The Only Ten Tech Stocks You'll Ever Need" by Maz Jadallah

• "Look Who's Dumping Dividend Stocks" by Dan Caplinger

• "7 Stocks the World's Greatest Hedge Fund Managers Love" by Morgan Housel

• "5 Stocks the Value Greats Love" by Morgan Housel

• "6 ETFs the Big Guns are Buying" by Dan Caplinger

• "7 Small Cap Stocks the Pros Love" by Dan Caplinger
  

 

WSJ Cites AlphaClone on Education Stocks

Great article by Gregory Zuckerman and Jenny Strasburg at the Wall Street Journal on which hedge funds are lining up on either side of the bet on educational stocks.  The article, entitled "Not All are True to Schools" discusses the bullish stance Tiger Cub managers Lee Ainslee and Chase Coleman have taken on companies such as Apollo Group Inc. [APOL] vs the bearishness of managers such as Steve Eisman and Jim Chanos on the category.   If you haven't seen it yet, it's worth a read.  The table below lists the ten managers in our universe who have the highest exposure to Apollo as measured by % of portfolio:

Bloomberg Cites AlphaClone on Relational Investors

Great article by Miles Weiss at Bloomberg on Ralph Whitworth and his activist fund, Relational Investors.  The article cites AlphaClone for the three year performance of the fund's Top 5 Holdings clone.  The clone lost nearly 11% annualized over the period vs. an annualized loss of 9.1 percent for the S&P500 over the same period.   Despite struggling over the recent term, the article cites a knowledgeable source that claims the fund has outperformed the S&P500 by 9% annualized since it was founded in 1996.   To compare that performance with that of its clone - we looked at how the fund's Top 5 Holdings clone has performed since 2000.  You might be surprised to find out that the fund's clone which invests quarterly at the time that the fund's investments are made public, has outperformed the S&P500TR index by 10.6% annualized (see graph).