Published On: Tue, Nov 25th, 2014

iBillionaire ETF Unloads Oil, Stocks Up on Healthcare


The ETF iBillionaire helps investors follow in the footsteps of stock gurus like Warren Buffett, David Einhorn and CarlIcahn, according to Personal Finance Cheat Sheet. The ETF has 30 holdings based on reports from 13F filings on what gurus are buying and selling.

Most recently consumer discretionary makes up 23% of the portfolio, with tech also at 23%. Holdings in energy fell dramatically from 17% to only 10% and hedge fund managers got rid of oil plays given cheap fuel prices. Healthcare holdings increased from 13% to 20% of the ETF.

Fourteen new stocks were added, included Facebook and National Oilwell Varco, although Buffett sold that latter stock. However, David Einhorn purchsed more shares of National Oilwell Varco. Since it was formed in 2013, the ETF has gained 16%.

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