Of course, one can always find ways to track buys and sells from guru hedge fund managers, but there are exchange traded funds that can take the guesswork out of it. For those who want to follow trades of the “pros, ” there are some ETF (exchange traded fund) choices. Stocks continue to be leading investment vehicles, and the best hedge funds outperform the market.
Global X Top Guru Holdings Index ETF (GURU) is a good “tell” into the 13F findings and tends to concentrate on funds with less volatile turnover rates. This ETF has been in existence since 2012 and has $147.5 million assets under management.
AlphaClone Alternative Alpha ETF (ALFA) has developed a proprietary “Clone Score” technology to collect the best hedge fund ideas quarter after quarter. The asset has $17.5 million in assets under management and 78 holdings. This ETF has a higher price than GURU and trades at a lower volume, but it contains market-moving stocks such as Time Warner (TWX) and Valeant Pharmaceuticals (VRX).