13F scorecardUpdated Oct 30, 2026
Fund Scorecard: Copying Their New Buys
For 28 famous funds we bought every new or increased position the day after its 13F filing, when the public could first see it. 2 of 28 funds' picks beat the S&P 500 since.
A 13F shows what a fund held at the end of a quarter, filed up to 45 days later. By the time it is public, the fund may already have traded again. This scorecard asks the practical question: if you had bought each stock a fund opened or added to, at the first weekly close after the filing, how would it have done to the latest weekly price, compared with putting the same money into the S&P 500 (SPY) on the same day? Each pick counts equally. Only the largest moves of each quarter are included (up to 25 per filing), and quarters filed in the last 30 days are too new to judge.
Ranking
Quarter by quarter
Coatue Management · 2 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 11 | +1.2% | −0.6% | INTC +20% · CVNA −14% |
| Q3 2025 (Nov 14, 2025) | 13 | +21.7% | +14.8% | MRVL +214% · FIG −42% |
Himalaya Capital · 2 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 2 | −5.1% | −0.6% | BRKB +2% · PDD −12% |
| Q4 2025 (Feb 19, 2026) | 1 | +24.5% | +13.1% | CROX +24% |
Point72 Asset Management · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 9 | −5.6% | −0.6% | TXN +7% · CCL −21% |
| Q4 2025 (Feb 17, 2026) | 13 | +11.5% | +13.1% | ANET +46% · PEP −22% |
| Q3 2025 (Nov 14, 2025) | 9 | +19.8% | +14.8% | TER +137% · TMUS −20% |
Renaissance Technologies · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 13, 2026) | 16 | +5.3% | −0.2% | SMCI +39% · INTU −15% |
| Q4 2025 (Feb 12, 2026) | 10 | +16.7% | +11.7% | INTC +143% · TMUS −15% |
| Q3 2025 (Nov 13, 2025) | 10 | −4.3% | +12.9% | KO +27% · INTU −58% |
Duquesne Family Office · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 15 | +4.7% | −0.6% | BTDR +42% · DHI −7% |
| Q4 2025 (Feb 17, 2026) | 11 | +13.1% | +13.1% | BE +107% · AA −23% |
| Q3 2025 (Nov 14, 2025) | 10 | +1.0% | +14.8% | GEV +66% · STUB −64% |
Starboard Value · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 4 | −3.9% | −0.6% | DT +18% · BILL −16% |
| Q4 2025 (Feb 17, 2026) | 6 | +7.5% | +13.1% | RIOT +51% · TRIP −12% |
| Q3 2025 (Nov 14, 2025) | 4 | +19.8% | +14.8% | RIOT +80% · TRIP −44% |
Bridgewater Associates · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 3 | +0.2% | −0.6% | VOO +1% · SPY −1% |
| Q4 2025 (Feb 13, 2026) | 10 | +14.7% | +13.1% | ANET +46% · ORCL −14% |
| Q3 2025 (Nov 13, 2025) | 7 | +0.8% | +12.9% | LRCX +113% · SE −30% |
Dalal Street (Pabrai) · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 13, 2026) | 2 | −4.2% | −0.2% | KSPI +2% · RIG −10% |
| Q4 2025 (Feb 13, 2026) | 1 | −16.2% | +13.1% | RIG −16% |
| Q3 2025 (Nov 13, 2025) | 3 | +18.3% | +12.9% | RIG +36% · AMR +5% |
Appaloosa · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 11 | −1.6% | −0.6% | META +38% · CRWV −17% |
| Q4 2025 (Feb 17, 2026) | 6 | +6.3% | +13.1% | EWY +35% · BALL −15% |
| Q3 2025 (Nov 13, 2025) | 12 | +6.3% | +12.9% | AMD +166% · WHR −53% |
Viking Global Investors · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 11 | −4.4% | −0.6% | META +38% · FDXF −22% |
| Q4 2025 (Feb 17, 2026) | 10 | +3.7% | +13.1% | TMO +33% · STLA −41% |
| Q3 2025 (Nov 14, 2025) | 13 | +7.6% | +14.8% | PNC +33% · NFLX −36% |
Scion Asset Management · 4 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q3 2025 (Nov 3, 2025) | 4 | +9.6% | +13.1% | BRKRP +49% · LULU −39% |
| Q2 2025 (Aug 14, 2025) | 5 | +28.1% | +21.1% | BRKR +110% · LULU −46% |
| Q1 2025 (May 15, 2025) | 1 | +54.7% | +36.7% | EL +55% |
| Q4 2024 (Feb 14, 2025) | 7 | +4.4% | +26.5% | OSCR +120% · MAGN −48% |
Baupost Group · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 13, 2026) | 8 | −0.2% | −0.2% | PS +48% · NCLH −24% |
| Q4 2025 (Feb 13, 2026) | 9 | −1.8% | +13.1% | MOH +48% · HLF −40% |
| Q3 2025 (Nov 13, 2025) | 7 | +8.7% | +12.9% | ELV +30% · EXP −16% |
Third Point · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 20 | −4.7% | −0.6% | KEYS +13% · ARES −18% |
| Q4 2025 (Feb 17, 2026) | 7 | −16.8% | +13.1% | UNP +1% · RKT −31% |
| Q3 2025 (Nov 14, 2025) | 10 | +14.5% | +14.8% | SN +90% · SGI −26% |
Berkshire Hathaway · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 7 | −1.9% | −0.6% | NYT +8% · DHI −7% |
| Q4 2025 (Feb 17, 2026) | 7 | +0.8% | +13.1% | CVX +11% · DPZ −22% |
| Q3 2025 (Nov 14, 2025) | 6 | +2.6% | +14.8% | SIRI +29% · LEN −37% |
Greenlight Capital · 2 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q4 2023 (Feb 14, 2024) | 13 | +61.4% | +53.9% | TEVA +205% · GPK −64% |
| Q3 2023 (Nov 14, 2023) | 10 | +45.8% | +75.1% | GLD +119% · GPK −58% |
Tiger Global Management · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 7 | +4.3% | −0.6% | AMD +23% · CPAY −6% |
| Q4 2025 (Feb 17, 2026) | 11 | +16.4% | +13.1% | HNGE +137% · PONY −51% |
| Q3 2025 (Nov 14, 2025) | 16 | −8.7% | +14.8% | GEV +66% · KLAR −60% |
Fundsmith · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 10 | −2.5% | −0.6% | VEEV +16% · TJX −14% |
| Q4 2025 (Feb 17, 2026) | 4 | −11.8% | +13.1% | NTNX +66% · ZTS −45% |
| Q3 2025 (Nov 14, 2025) | 10 | +3.4% | +14.8% | TXN +75% · INTU −58% |
ValueAct Capital · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 8 | −7.5% | −0.6% | PAYP +10% · RKT −18% |
| Q4 2025 (Feb 17, 2026) | 10 | +0.5% | +13.1% | CRM +23% · RKT −31% |
| Q3 2025 (Nov 14, 2025) | 5 | +2.7% | +14.8% | META +23% · RKT −29% |
Lone Pine Capital · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 11 | −6.3% | −0.6% | TTMI +3% · NBIS −15% |
| Q4 2025 (Feb 17, 2026) | 12 | +0.2% | +13.1% | AFRM +38% · MDLN −30% |
| Q3 2025 (Nov 14, 2025) | 10 | −1.2% | +14.8% | CIEN +71% · WING −57% |
Markel Group · 2 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Jul 31, 2026) | 20 | −2.2% | +3.3% | FNV +21% · WY −21% |
| Q4 2025 (Feb 6, 2026) | 19 | −6.1% | +11.7% | CSX +14% · WSO −27% |
Soros Fund Management · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 8 | −4.7% | −0.6% | SMCIP +5% · NBIS −15% |
| Q4 2025 (Feb 13, 2026) | 5 | +5.3% | +13.1% | MSFT +29% · MDLN −30% |
| Q3 2025 (Nov 14, 2025) | 10 | −8.8% | +14.8% | AAPL +25% · KDK −64% |
Oaktree Capital Management · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 6 | −10.8% | −0.6% | TDS +5% · MMYT −23% |
| Q4 2025 (Feb 17, 2026) | 4 | −15.3% | +13.1% | CORZ +1% · INFY −29% |
| Q3 2025 (Nov 13, 2025) | 12 | +1.6% | +12.9% | NBR +65% · YMM −36% |
Pershing Square Capital · 2 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q4 2025 (Feb 17, 2026) | 3 | +7.2% | +13.1% | AMZN +26% · BN −22% |
| Q2 2025 (Aug 14, 2025) | 4 | −6.7% | +21.1% | GOOGL +71% · HTZ −69% |
Ruane, Cunniff & Goldfarb · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 3 | −3.2% | −0.6% | SAP +1% · ROP −10% |
| Q4 2025 (Feb 13, 2026) | 4 | −20.8% | +13.1% | RSPC −4% · GLIBK −39% |
| Q3 2025 (Nov 14, 2025) | 4 | −0.9% | +14.8% | TECH +24% · GLIBK −29% |
Trian Fund Management · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 12, 2026) | 2 | −12.8% | −0.2% | GEHC −11% · WEN −15% |
| Q4 2025 (Feb 17, 2026) | 3 | −12.1% | +13.1% | GE +0% · GEHC −24% |
| Q3 2025 (Nov 14, 2025) | 1 | −21.1% | +14.8% | WEN −21% |
Elliott Investment Management · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 4 | −5.7% | −0.6% | SNPS +8% · QNT −22% |
| Q4 2025 (Feb 18, 2026) | 4 | −13.3% | +13.1% | SDRL +17% · GLIBK −39% |
| Q3 2025 (Nov 14, 2025) | 4 | −22.3% | +14.8% | PEP −12% · OXLC −35% |
Akre Capital Management · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 2 | +0.5% | −0.6% | NOW +15% · CSGP −14% |
| Q4 2025 (Feb 13, 2026) | 5 | −12.4% | +13.1% | CCC +37% · CSGP −45% |
| Q3 2025 (Nov 13, 2025) | 3 | −31.0% | +12.9% | CCC −9% · FICO −50% |
Carl Icahn · 3 quarters
| Quarter (filed) | Picks | Average | S&P 500 | Best · worst |
|---|
| Q2 2026 (Aug 14, 2026) | 2 | −4.1% | −0.6% | SD −2% · IEP −6% |
| Q4 2025 (Feb 17, 2026) | 4 | −27.2% | +13.1% | IEP −13% · MNRO −39% |
| Q3 2025 (Nov 14, 2025) | 3 | −13.7% | +14.8% | CTRI +1% · MNRO −21% |
How to read it
Recent quarters have had less time to work, so a fund whose best picks are recent can look worse than it will. A fund with few picks can rank high on one big winner. And the scorecard ignores what the fund sold and how large each position was, so it measures copying the visible buys, not the fund's own returns. Right now Coatue Management's picks lead and Carl Icahn's trail. See also the latest 13F filings in plain English.
