The Score Board of Gurus

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). Please note that i=Investment company; m=Mutual Fund company; h=Hedge Fund company; F=Mutual Fund.
Peak to Peak_1999-2007 Annual Return
Peak to Peak_2007-2012 Annual Return
Peak to Peak_1999-2012 Annual Return
Trough to Trough_2002-2008 Annual Return
Percentage of Years When Guru Outperformed the Market (Five-Year Rolling Basis)
Scoreboard Top 10 Guru Holdings Performances (%) Fund Performances (%) since Latest 13F-filing Q/Q Turnover (%) Portfolio
Guru Name Type Since latest 13F-filing Since 6m ago Since 12m ago 1y 5y 10y Since Inception Period Tracked Fund Tracked Value ($Mil) # stocks
Arnold Schneider Mutual Fund
97.35
-13.77
20,060.40
16.20
1.60
5.50
9.80
1999-2019Schneider Small Cap Value Fund
22
175
34
Arnold Van Den Berg Mutual Fund
0
0
0
2.70
2.50
2
10.30
1980-2017CM Value I Composite
4
587
41
Azvalor Blue Chips FI Mutual Fund
8.85
82.25
278.62
-2
0
0
-0.80
2017-2020AZVALOR BLUE CHIPS, FI
19
36
39
Azvalor Internacional FI Mutual Fund
13.26
102.75
311.62
-6.40
1.90
0
1.90
2015-2020AZVALOR INTERNACIONAL, FI
13
897
69
Azvalor Managers FI Mutual Fund
16.78
132.89
376.38
-14.70
0
0
-3.90
2018-2020AZVALOR MANAGERS, FI
13
26
114
Barrow, Hanley, Mewhinney & Strauss Mutual Fund
-6.96
10.21
31.58
5.90
8.90
10
7
1997-2020Vanguard Selected Value Fund
10
31,145
317
Bill Ackman Hedge Fund
6.69
23.91
62.41
56.60
14.70
10.80
16.40
2008-2020Pershing Square, L.P.
0
10,710
7
Bill Gates Investment Company
-1.32
12.67
39.78
-
-
-
-
-
8
23,866
15
Bill Nygren Mutual Fund
-0.47
29.08
72.93
12.90
12.40
12.50
11.70
1992-2020Oakmark Fund
6
16,383
50
BP Capital Fund Advisors Hedge Fund
-41.51
-45.68
-37.21
-
0
0
0
-
7
100
37
Bruce Berkowitz Mutual Fund
-5.77
0.84
105.22
46.90
12
6.60
10.50
2000-2020Fairholme Fund
3
1,267
15
Carl Icahn Hedge Fund
-10.06
4.41
9.88
-
26.60
0
16.10
-Icahn Capital
4
24,292
17
Charles Brandes Mutual Fund
-2.29
35.37
80.08
7.80
11
11.40
8
1993-2020U. S. Value Equity
11
4,500
156
Charlie Munger -
-7.84
27.37
57.66
-
-
-
-
-
0
213
5
Chris Davis Mutual Fund
-2.10
23.95
61.62
-5.90
7.60
8.90
10.40
1992-2020Davis Financial Fund
8
24,332
119
Chuck Akre Mutual Fund
2.05
18.14
26.90
20.40
19.30
17.20
14.20
1989-2020Akre Capital Private Asset Man
4
16,237
25
David Dreman Mutual Fund
0
0
0
-
11.20
4
4.80
2004-2014Large Cap Value Composite
26
221
457
David Einhorn Hedge Fund
-5.23
6.33
62.73
1.40
-3.40
-0.50
3.60
2004-2020Greenlight Re
17
1,593
71
David Swensen Investment Company
-3.65
-0.67
-23.87
-
0
0
0
-
96
292
16
David Tepper Hedge Fund
-7.31
5.75
40.22
-
17.20
20.10
26.70
1993-2014Appaloosa Investment LP I
6
4,832
54
David Winters Mutual Fund
0
0
0
-19.90
-2.30
6.10
3.70
2006-2018Wintergreen Fund
0
99
4
Dodge & Cox Mutual Fund
-0.10
33.19
84.91
7.20
12.30
12
12.90
1980-2020Dodge & Cox Stock FUND
5
152,873
190
Donald Smith & Co Mutual Fund
-3.13
10.55
46.86
-
-
-
-
-
4
2,571
64
Edward Lampert Hedge Fund
-6.86
45.25
199.39
-
0
0
0
-
5
183
3
First Eagle Investment Mutual Fund
-2.48
13.64
30.44
8.30
8.40
7
12.60
1980-2020First Eagle Global Fund
1
40,002
295
FPA Capital Fund Mutual Fund
11.80
33.27
-11.70
4.50
3.70
2.90
11.60
1984-2020FPA Capital Fund
64
143
44
George Soros Hedge Fund
-3.13
1.08
28.56
-
0
0
0
-http://www.georgesoros.com/
30
5,290
226
Glenn Greenberg Hedge Fund
1.81
21.26
60.43
-
0
0
0
-
9
2,913
24
HOTCHKIS & WILEY Mutual Fund
-3.32
26.73
65.08
-0.30
9.50
10.10
9.60
1988-2020Large Cap Value Fund
6
32,794
467
Joel Greenblatt Hedge Fund
5.06
22.35
46.53
-6.20
3.40
0
5.20
2012-2020Gotham Absolute Return Fund
22
2,360
983
John Paulson Hedge Fund
-4.46
9.32
26.18
-
4.10
7.90
11.70
1994-2011Advantage Fund
17
4,186
40
John Rogers Mutual Fund
-2.83
10.58
48.52
10
9.70
10
11
1987-2020Ariel Fund
6
10,635
110
Julian Robertson Hedge Fund
3.74
21.71
56.17
-
-
-
-
-
14
572
38
Kahn Brothers Hedge Fund
-4.44
19.83
26.94
-
0
0
0
-
4
698
43
Keeley Asset Management Corp Mutual Fund
0
0
0
3.60
8
8.20
7.70
1994-2020Keeley Small Cap Dividend Valu
8
2,352
270
Ken Fisher Mutual Fund
0.63
8.95
30.30
1.77
5.10
4
6.80
1997-2015Purisima Total Return (PURIX)
4
159,080
943
Ken Heebner Mutual Fund
-6.01
28.10
62.99
-4.30
-3.20
-0.40
8.50
1998-2020CGM Focus Fund
64
1,108
56
Leon Cooperman Hedge Fund
0.87
19.98
48.04
-
-
-
-
-
12
1,781
67
Leucadia National Investment Company
-19.18
2.58
57.96
14.60
5.60
2.80
15.30
1980-2020Leucadia Corp. Book Value
0
171
4
Lou Simpson Hedge Fund
0
0
0
-
-
-
-
-
0
-
0
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Total 74