I mentioned a bit before about how I invest medium term in the markets. I take the top 5 holdings and top 5 new purchases of what is considered the best hedge fund managers in the business:
|Seth Klarman (Baupost Group)|
|Warren Buffett (Berkshire Hathaway)|
|David Einhorn (Greenlight Capital)|
|Stephen Mandel (Lone Pine Capital)|
|David Tepper (Appaloosa Management)|
|Bill Ackman (Pershing Square Capital Management)|
|Bruce Berkowitz (Fairholme Capital)|
|Chase Coleman (Tiger Global Management)|
|John Burbank (Passport Capital)|
|Leon Cooperman (Omega Advisors)|
|Dan Loeb (Third Point)|
|John Griffin (Blue Ridge Capital)|
|John Paulson (Paulson & Co)|
|Lee Ainslie (Maverick Capital)|
|Julian Robertson (Tiger Management)|
|George Soros (Soros Fund Management)|
|Roberto Mignone (Bridger Management)|
|Chris Shumway (Shumway Capital Partners)|
|Richard Perry (Perry Capital)|
|Larry Robbins (Glenview Capital)|
Every quarter I make an excel spreadsheet with those holdings and then exit and positions that are not in that list.
Then when stocks in that list get oversold I purchase them to hold until the next quarter rebalance.
I bring this up because today is the day for taking a look at the 13f filings of these hedge fund managers and begin the rebalancing process. Once I update my spreadsheets on the list of stocks that qualify I will add that spreadsheet to google docs.
I have a variety of other screens I use as a filter on these stocks also.