Hide

FocusBar

Subscribe to Premium Member

The Score Board of Gurus

These are the performance numbers for the stocks Gurus bought and the 5-year, 10-year performance numbers of their flagship funds. To be more objective, we also display the annualized performance numbers over complete market cycles and the return of rolling 5-year periods. Warren Buffett uses the annual returns of rolling 5-year period to measure his own performances. Click here.

ScoreboardStock Picks - 6 MonthsStock Picks - 12 MonthsPerformancesTurnover (%)
Name # of Stocks Bought The Average Gain* (%) # of Stocks Bought Average Return* (%) 5-year (%) 10-year (%) Since Inception (%) (Q/Q)
John Paulson 53398.6678272.854.17.911.714
Jean-Marie Eveillard 161109.8127382.076.312.91410
Hennessy Japan Fund 17921031.55.72
Hennessy Japan Small Cap Fund 4858.67466.313.53.564
Chuck Akre 2555.365664.38211.212.711
Chou RRSP Fund 1541542.85.39.635
Francis Chou 249.5646.332.94.710.80
Matthews Japan Fund 4045.886465.2-1.25.83.729
T. Rowe Price Japan Fund 9444.0611147.66-4.35.30.526
Howard Marks 2542.66029.075
Wasatch International Growth 4633.3511241.383.513.329
Edward Lampert 430.25963.118
Charles de Vaulx 929.563328.310.73
Chase Coleman 5128.828124.6535
Zeke Ashton 2127.864425.599.7935
Mohnish Pabrai 726.571129.2721
Carl Icahn 2524.325590.4410
David Nierenberg 223.51019.923
Robert Karr 1723.292818.0722.1926
Wallace Weitz 2723.225315.114.97.212.37
Eric Mindich 3323.096417.813
Bill Gates 7221231.673
David Einhorn 2221.915231.835.78.513
Dodge & Cox 2721.895229.62-0.27.312.93
Ken Heebner 7521.3616328.64-10.810.612.336
John Griffin 3420.716931.7219
Larry Robbins 6620.6512432.691.718
Causeway International Value 3720.436423.42-19.87.714
Kyle Bass 1720.292719.8947
Mark Hillman 6201124.09-0.39.38.910
HOTCHKIS & WILEY 9119.7818024.88-0.56.39.113
Robert Rodriguez 319.67926.116.610.214.33
Yacktman Focused Fund 2119.292119.2910.6118.77
Daniel Loeb 4118.719027.57.216.319.834
Yacktman Fund 1118.641118.649.710.69.85
Tom Russo 6818.6212620.546.810.815.36
David Herro 5318.5810437.161.710.29.523
Arnold Schneider 6118.311825.032.312.513.26
Steve Mandel 5218.129924.4217
MS Global Franchise Fund 2117.866021.085.811.210.912
Vanguard Health Care Fund 3117.843721.036.19.516.412
PRIMECAP Management 5617.8414114.3839.912.82
First Pacific Advisors 2517.288423.716
Seth Klarman 1217278.2213.112.824
Mawer New Canada Fund 2416.755421.026.313.413.812
Steven Romick 1116.735428.265.49.210.52
George Soros 18116.637720.6721
Mason Hawkins 2016.453921.920.36.311.84
Julian Robertson 3316.396120.5636
Bill Nygren 4416.38522.526.27.811.29
Lou Simpson 1616.192719.2619
Donald Yacktman 1616.133519.869.710.610.16
Richard Pzena 5816.0916322.229
Andreas Halvorsen 7515.9915423.7322.2645
Glenn Greenberg 1715.713420.2420
Brian Rogers 2715.75719.811.67.210.43
Prem Watsa 1815.613120.2912.811.723.70
Tweedy Browne 2715.593920.513.96.54.56
Oakmark Intl Small Cap 4415.557923.71.812.49.518
Pioneer Investments 25715.4555117.449
Jim Chanos 2315.225218.6219
Michael Price 3814.958915.9111
Diamond Hill Capital 5914.9210321.914.310.810.28
Bruce Kovner 29414.7857218.8555
Louis Moore Bacon 41614.6368017.795.943
IVA International Fund 814.633226.0310.74
Joel Greenblatt 82014.48165038.348.729
RS Investment Management 21414.3644317.784.55.44.216
Whitney Tilson 5414.2610517.3520
John Rogers 10614.218115.582.66.910.712
Bill Ackman 11411126.22
Warren Buffett 3213.885720.547.910.619.32
Lee Ainslie 5913.7813618.1911.240
Bruce Berkowitz 713.57814.132.41011.26
David Swensen 1013.52023.231
David Tepper 4113.468827.7523.330.529.211
Meridian Funds 5613.3910311.292.38.613.69
Steven Cohen 177713.31339422.76.142
Bill Frels 9613.2815417.914.88.612.96
Richard Snow 10013.217318.89-0.37.713.214
John Burbank 15513.1537115.1932
NWQ Managers 6513.1411631.980.17.365
John Keeley 19812.8733118.5519.57.210
Frank Sands 4012.857614.826.310.410.715
Donald Smith 5212.759319.2217
Leith Wheeler Canadian Equity 2912.725315.421.59.69.916
Invesco European Growth Fund 912.673717-1.212.411.33
Charles Brandes 6312.5614223.96-3.93.16.42
Jim Simons 253112.53494122.073042
David Winters 1012.51318.381.26.48
Wintergreen Fund 412.51318.151.26.47
Mawer Canadian Equity Fund 3412.446814.943.59.79.114
Tom Gayner 3212.316428.770.769.82
Richard Perry 1712.243924.691.612
Ken Fisher 16312.141016.09-2.766.35
Ron Baron 15412.0626020.35-0.311.411.97
Jeff Auxier 3312.067422.163.57.56.57
Bernard Horn 6122126.95-0.58.99.24
James Barrow 4711.9181224.934.15.65.36
Ronald Muhlenkamp 2211.593730.54-2.35.29.48
Sarah Ketterer 6611.5812915.443.18.57
Chuck Royce 45811.4798217.07612.6126
Scott Black 5311.4315717.1312
Robert Olstein 5611.1411516.38-0.35.49.612
Columbia Wanger 9810.9917115.474
John Buckingham 2510.846510.280.210.211.113
Murray Stahl 8210.4414216.63-6.67.510.49
Tweedy Browne Global Value 1710.291710.291.99.49.73
Paul Singer 2410.25367.6427
Paul Tudor Jones 102810.2212124.12642
Manning & Napier Advisors, Inc 11310.1133717.261.58.28.410
David Rolfe 4010.087212.928.110.511.522
Arnold Van Den Berg 199.894114.371.55.811.58
Martin Whitman 69.5265.12-265.58
Third Avenue Management 639.411811.94-265.59
Ruane Cunniff 208.75216.155.77.413.91
Chris Davis 568.6311122.11-15.910.53
John Hussman 1688.6126910.74-3.91.74.730
Irving Kahn 138.312321.834
Alan Fournier 358.065112.089
Ray Dalio 3097.9157215.6717
Leon Cooperman 707.1614017.6618
Jeremy Grantham 2406.5372717.272.46.64.48
Mario Gabelli 2786.335317.983.19.711.96
Robert Bruce 45.751017.26.615.812.33
David Dreman 865.5816812.39-4.29
Westport Asset Management 125.42255.925.110.810.25
Private Capital 135.382816.644
Matthews Pacific Tiger Fund 184.943810.164.417.79.75
T Boone Pickens 264.234612.2665
Ian Cumming 1427.5713.318.58
Richard Blum 003380
Signature Select Canadian Fund 004924.160.781036
CI Can-Am Small Cap Fund 00833.134.612.38.716
Michael Dell 4-12.57-28.8613
Wilbur Ross 4-15.2510-18.31
Fairholme Fund 1-172-54.52.41011.20
*The performance data are the average performances of the stocks Gurus purchased. They are not weighted, and do not include the stocks they kept unchanged in number of shares owned. The data are different from the performances of their complete portfolios
**Portfolio Performances are calculated based on the equity holding as of the latest reported quarterly portfolio, assuming no buys/sells since. ***Turnover is defined as the impact to portfolio caused by all the purchases. This is a Quarter-to-Quarter number

A Better Way to Measure Performances

We believe that the performance over fixed time periods, like the latest 3-year, 5-year and 10-year, might be misleading since a single bad year performance would ruin all. Therefore, we believe the best way to measure funds’ performance is to check the performance number over complete market cycles.

According to the annual returns of S&P 500 from 1999 to 2012, we think market peaks appeared at 1999, 2007 and 2012, while market troughs appear at 2002 and 2008. Based on this, we research all the funds’ performance from peak to peak (1999 to 2007, 2007 to 2012, and 1999 to 2012) years and trough to trough years (2002 to 2008).

The results are as follows (we ignore the funds which lack at least two years of data in a complete economic cycle):

Table 1: Peak to Peak_1999-2007 Annual Return
Guru Name Return Fund Type
David Tepper 30.66% h
Ken Heebner 28.90% m
Daniel Loeb 21.30% h
Arnold Schneider 19.78% m
Mawer New Canada Fund 19.25% f
Robert Bruce 18.74% m
John Buckingham 17.68% m
John Paulson 17.31% h
Bruce Berkowitz 17.11% m
Fairholme Fund 17.11% f
Jean-Marie Eveillard 16.49% m
Meridian Funds 15.80% m
Signature Select Canadian Fund 15.59% f
Murray Stahl 15.29% m
Arnold Van Den Berg 14.54% f
Mark Hillman 14.43% m
Chuck Royce 13.92% m
Chuck Akre 13.28% m
John Keeley 13.22% m
Leith Wheeler Canadian Equity 13.03% f
Westport Asset Management 12.91% m
CI Can-Am Small Cap Fund 12.62% f
Mawer Canadian Equity Fund 12.51% f
Richard Snow 12.50% m
Manning & Napier Advisors, Inc 12.39% h
Robert Rodriguez 12.15% f
Dodge & Cox 12.12% m
Edward Owens 11.33% f
Martin Whitman 11.23% f
Third Avenue Management 11.23% m
Ron Baron 10.96% m
Steven Romick 10.90% f
Ian Cumming 10.77% i
Robert Olstein 10.60% m
Chou RRSP Fund 10.43% f
John Hussman 10.41% m
Bill Frels 10.14% m
Mario Gabelli 9.86% m
Ronald Muhlenkamp 9.62% m
Tom Gayner 9.59% i
Mason Hawkins 9.47% m
Tom Russo 9.44% h
John Rogers 9.41% m
Donald Yacktman 9.00% m
PRIMECAP Management 8.80% m
Francis Chou 8.69% m
Warren Buffett 8.39% i
Jeff Auxier 8.32% m
Prem Watsa 8.09% i
HOTCHKIS & WILEY 8.05% m
Brian Rogers 7.56% f
Ken Fisher 7.51% m
Wallace Weitz 7.50% m
David Rolfe 7.45% m
NWQ Managers 6.81% m
Chris Davis 6.73% m
Charles Brandes 6.50% m
Jeremy Grantham 6.29% m
James Barrow 6.05% m
Ruane Cunniff 5.88% m
RS Investment Management 5.65% m
Bill Nygren 5.33% f
Tweedy Browne 4.61% m
S&P 500 3.78%
 
Table 2: Peak to Peak_2007-2012 Annual Return
Guru Name Return Fund Type
Prem Watsa 19.73% i
David Rolfe 9.21% m
Daniel Loeb 8.84% h
Donald Yacktman 8.61% m
Warren Buffett 8.43% i
Frank Sands 8.28% m
Mawer New Canada Fund 7.98% f
Zeke Ashton 7.90% h
Chuck Royce 7.05% m
Ian Cumming 6.99% i
Jean-Marie Eveillard 6.85% m
Westport Asset Management 6.49% m
Ruane Cunniff 6.12% m
Edward Owens 5.80% f
David Einhorn 5.76% h
Steven Romick 5.61% f
Robert Rodriguez 5.43% f
Mawer Canadian Equity Fund 4.81% f
Bill Frels 4.80% m
Robert Bruce 4.58% m
Mario Gabelli 4.51% m
Bill Nygren 4.46% f
PRIMECAP Management 4.40% m
David Winters 4.25% m
CI Can-Am Small Cap Fund 4.23% f
John Paulson 4.11% h
Bruce Berkowitz 3.99% m
Fairholme Fund 3.99% f
Jeff Auxier 3.90% m
Tom Russo 3.77% h
James Barrow 3.33% m
Tweedy Browne 3.33% m
Meridian Funds 3.17% m
RS Investment Management 3.05% m
Diamond Hill Capital 2.91% m
Leith Wheeler Canadian Equity 2.75% f
Wallace Weitz 2.51% m
S&P 500 2.21%
John Keeley 2.03% m
Chuck Akre 2.02% m
Manning & Napier Advisors, Inc 1.89% h
Brian Rogers 1.87% f
John Rogers 1.86% m
Ron Baron 1.58% m
Jeremy Grantham 1.30% m
NWQ Managers 1.23% m
Signature Select Canadian Fund 1.05% f
John Buckingham 0.84% m
Tom Gayner 0.71% i
Chou RRSP Fund 0.69% f
Francis Chou 0.58% m
Arnold Van Den Berg 0.29% f
Ken Heebner 0.23% m
Mason Hawkins 0.14% m
Dodge & Cox -0.17% m
Ken Fisher -0.31% m
Richard Snow -0.54% m
Mark Hillman -0.72% m
Martin Whitman -0.73% f
Third Avenue Management -0.77% m
Robert Olstein -0.80% m
Arnold Schneider -1.22% m
Murray Stahl -1.45% m
Chris Davis -1.76% m
HOTCHKIS & WILEY -2.29% m
John Hussman -2.64% m
Ronald Muhlenkamp -3.54% m
Charles Brandes -5.92% m
 
Table 3: Peak to Peak_1999-2012 Annual Return
Guru Name Return Fund Type
Daniel Loeb 16.06% h
Mawer New Canada Fund 14.46% f
Robert Bruce 14.27% m
Arnold Schneider 13.22% m
Ken Heebner 13.00% m
Jean-Marie Eveillard 12.73% m
Bruce Berkowitz 11.21% m
John Buckingham 11.11% m
Chuck Royce 11.01% m
Meridian Funds 10.78% m
Fairholme Fund 10.37% f
Robert Rodriguez 10.15% f
Westport Asset Management 10.05% m
Signature Select Canadian Fund 10.02% f
John Paulson 9.85% h
Arnold Van Den Berg 9.69% f
CI Can-Am Small Cap Fund 9.68% f
Prem Watsa 9.46% i
Edward Owens 9.43% f
Chuck Akre 9.32% m
Donald Yacktman 9.24% m
Mawer Canadian Equity Fund 9.21% f
Mark Hillman 8.91% m
Steven Romick 8.89% f
Leith Wheeler Canadian Equity 8.78% f
John Keeley 8.70% m
Manning & Napier Advisors, Inc 8.38% h
Warren Buffett 8.22% i
Bill Frels 8.20% m
Richard Snow 7.75% m
David Rolfe 7.67% m
Chou RRSP Fund 7.65% f
Dodge & Cox 7.54% m
Ian Cumming 7.41% i
Mario Gabelli 7.40% m
Tom Russo 7.35% h
Murray Stahl 6.95% m
John Rogers 6.92% m
Tom Gayner 6.87% i
Ron Baron 6.81% m
PRIMECAP Management 6.71% m
Robert Olstein 6.59% m
Francis Chou 6.58% m
Wallace Weitz 6.55% m
Jeff Auxier 6.45% m
Martin Whitman 6.32% f
Third Avenue Management 6.30% m
Mason Hawkins 6.09% m
Ruane Cunniff 5.81% m
Bill Nygren 5.62% f
Brian Rogers 5.39% f
James Barrow 5.33% m
RS Investment Management 5.23% m
Ronald Muhlenkamp 5.22% m
HOTCHKIS & WILEY 4.90% m
Jeremy Grantham 4.76% m
John Hussman 4.65% m
NWQ Managers 4.38% m
Tweedy Browne 4.35% m
Chris Davis 3.89% m
Ken Fisher 3.75% m
S&P 500 2.97%
Charles Brandes 2.65% m
 
Table 4: Trough to Trough_2002-2008 Annual Return
Guru Name Return Fund Type
David Tepper 17.16% h
John Paulson 15.90% h
Robert Bruce 14.02% m
Prem Watsa 13.00% i
Jean-Marie Eveillard 11.61% m
Ken Heebner 10.92% m
Mawer New Canada Fund 10.20% f
CI Can-Am Small Cap Fund 10.15% f
Daniel Loeb 9.37% h
Warren Buffett 9.26% i
Chuck Royce 7.12% m
Bruce Berkowitz 6.93% m
Fairholme Fund 6.93% f
Chuck Akre 6.79% m
Ian Cumming 6.51% i
Leith Wheeler Canadian Equity 6.40% f
Diamond Hill Capital 6.29% m
Steven Romick 6.21% f
John Hussman 6.02% m
Mawer Canadian Equity Fund 5.69% f
Signature Select Canadian Fund 5.45% f
John Keeley 5.37% m
Donald Yacktman 5.20% m
Sarah Ketterer 4.98% m
Tom Russo 4.51% h
Edward Owens 4.26% f
Arnold Schneider 4.04% m
Ron Baron 3.81% m
Westport Asset Management 3.34% m
Francis Chou 3.33% m
Jeff Auxier 2.88% m
Murray Stahl 2.69% m
Meridian Funds 2.68% m
Robert Rodriguez 2.60% f
Bill Frels 2.41% m
Mario Gabelli 2.21% m
Martin Whitman 2.04% f
Third Avenue Management 2.04% m
Mark Hillman 1.95% m
Tom Gayner 1.83% i
PRIMECAP Management 1.75% m
Chou RRSP Fund 1.45% f
Ruane Cunniff 1.40% m
John Buckingham 1.30% m
Arnold Van Den Berg 1.12% f
Manning & Napier Advisors, Inc 0.63% h
Dodge & Cox 0.54% m
Brian Rogers 0.53% f
Tweedy Browne -0.04% m
Richard Snow -0.50% m
NWQ Managers -0.59% m
James Barrow -0.65% m
Jeremy Grantham -0.83% m
HOTCHKIS & WILEY -1.08% m
Ken Fisher -1.28% m
David Rolfe -1.35% m
Bill Nygren -1.37% f
S&P 500 -1.38%
Ronald Muhlenkamp -1.61% m
RS Investment Management -1.92% m
John Rogers -2.48% m
Chris Davis -2.78% m
Mason Hawkins -2.79% m
Wallace Weitz -2.95% m
Robert Olstein -3.50% m
Frank Sands -4.49% m
Charles Brandes -7.56% m

In Berkshire Hathaway Inc. (BRK.A)(BRK.B)’s annual report of 2012, Warren Buffett mentioned this methodology. We first calculate the five-year rolling annualized returns for each fund from their inception date to today, then compare them with five-year rolling annualized returns of the S&P 500, and finally we calculate the percentage of years when each fund outperformed the market. We ignore those funds which had less than eight five-year rolling returns from 1980 or their inception date, whichever comes first, to 2012.

The results are as follows:

Table 5: Percentage of Years When Guru Outperformed the Market (Five-Year Rolling Basis)
Guru Name Percentage Number of Data
Warren Buffett 100.00% 29
Daniel Loeb 100.00% 14
Westport Asset Management 100.00% 11
Diamond Hill Capital 100.00% 8
CI Can-Am Small Cap Fund 100.00% 11
Edward Owens 95.83% 24
Meridian Funds 92.86% 14
David Tepper 92.86% 14
Tom Gayner 91.67% 12
Bruce Berkowitz 88.89% 9
Jeff Auxier 88.89% 9
Fairholme Fund 88.89% 9
Prem Watsa 86.36% 22
Ruane Cunniff 86.21% 29
Chuck Akre 84.21% 19
NWQ Managers 83.33% 12
Tom Russo 83.33% 24
PRIMECAP Management 83.33% 24
Ken Heebner 81.82% 11
Manning & Napier Advisors Inc. 80.00% 10
Signature Select Canadian Fund 80.00% 10
Ian Cumming 78.57% 28
John Paulson 78.57% 14
Robert Rodriguez 76.00% 25
Ken Fisher 75.00% 12
Frank Sands 75.00% 8
David Rolfe 75.00% 16
Mawer New Canada Fund 75.00% 20
Steven Romick 73.33% 15
Mario Gabelli 72.73% 22
Leith Wheeler Canadian Equity 71.43% 14
Ron Baron 70.59% 17
Chuck Royce 70.59% 17
Murray Stahl 69.23% 13
James Barrow 66.67% 12
Jean-Marie Eveillard 65.52% 29
Bill Frels 65.52% 29
Bill Nygren 64.71% 17
Richard Snow 64.71% 17
Chris Davis 64.71% 17
Mawer Canadian Equity Fund 64.71% 17
Tweedy Browne 64.29% 14
Wallace Weitz 64.00% 25
Donald Yacktman 62.50% 16
RS Investment Management 61.54% 13
Brian Rogers 60.87% 23
Ronald Muhlenkamp 60.00% 20
John Keeley 60.00% 15
Arnold Schneider 60.00% 10
Mark Hillman 60.00% 10
Francis Chou 59.09% 22
Dodge & Cox 58.62% 29
Mason Hawkins 57.14% 21
John Hussman 55.56% 9
Robert Olstein 53.85% 13
John Buckingham 50.00% 10
Robert Bruce 48.00% 25
John Rogers 45.45% 22
Martin Whitman 44.44% 18
Third Avenue Management 44.44% 18
Jeremy Grantham 44.44% 9
Arnold Van Den Berg 41.38% 29
Charles Brandes 37.50% 16
Chou RRSP Fund 36.36% 22
HOTCHKIS & WILEY 33.33% 21

Add Notes, Comments or Ask Questions

Comments

Rrurban
ReplyRrurban - 1 month ago
brilliant idea for selecting funds, by asset class, for an asset allocation strategy!
Este123
ReplyEste123 - 2 months ago
Thanks!
Gurufocus
ReplyGurufocus - 2 months ago
fixed.
Este123
ReplyEste123 - 2 months ago
Hi, Any idea when Score Board of Gurus will get fixed? Thanks
Yoramhtm
ReplyYoramhtm - 3 months ago
Score Board of Gurus doesn't work???
Gurufocus
ReplyGurufocus - 3 months ago
We have the cash position of a few gurus. They are in the GuruFolio PDF report.

thanks!
Ilanm
ReplyIlanm - 3 months ago
Hi
Where can i find how much cash each furu hold?

tnx

Ilan
Zepolinvestmentslp@gmail.com
ReplyZepolinvestmentslp@gmail.com - 6 months ago
Please add the Dow, Nasdaq and S&P500 to this list, thank you!
Waterats
ReplyWaterats - 1 year ago
Why do some of the money managers not have performance returns for 5, 10,and since inceptions intervals....??? thanks
Paleface
ReplyPaleface - 2 years ago
For our convenience, awe and amusement, how about adding Mr. Dow, Mr. Russell and Mr. Nasdaq to the scoreboard? Thank you.
Gurufocus
ReplyGurufocus - 3 years ago
The numbers are being updated for 2009, not finished yet.

Benethridge
ReplyBenethridge - 3 years ago
I question all of them. None of them look correct to me.

Gurufocus, where are you getting your data for the 10 Year and Since Inception columns?

Ben
Waterats
ReplyWaterats - 3 years ago
HEY DR.

I see you have added alot of new GURU NAMES to your website. Are you planning on puting them on the "scoreboard" so we can easily see their performance over the time periods...LOVE YOUR WEBSITE.

ROBERT BAUMANN
Gurufocus
ReplyGurufocus - 3 years ago
We have just updated the performance data of mutual fund managers we tracked for the period ended Dec. 31, 2008. We will work on the hedge fund gurus.

For hedge funds, sometimes we do not have the detailed data. If anyone can help, please contact us.
Gurufocus
ReplyGurufocus - 4 years ago
This page will be updated.
Waterats
ReplyWaterats - 4 years ago
When do the Guru's 5 and 10 year % gains get recalculated by either them or Gurufocus.com. I question and am very doubtful Bruce Sherman's % rate is correct. It seems like they have never changed and continue year after year to be the same. He had a terrible last 12 to 18 months?


GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK