Yellowbrick Hedge Fund Watcher results

Hello and happy Saturday!

These (potentially) bi-weekly emails are to keep you up-to-date with everything going on with Yellowbrick so that we can ensure you are maximizing your returns!

Today, we’ll look at:

• The Q3 Hedge Fund Watcher Data + Returns (now that 3 months have passed)

• Updated returns for some Yellowbrick features

• Twitter threads with stock ideas you may have missed

• Investing links for weekend reading

Thanks for reading!

Connor

P.S. Visit the website - https://www.joinyellowbrick.com - for all of the Yellowbrick and Hedge Fund Watcher features (if you are a Yellowbrick Premium subscriber, make sure you are logged in).

YELLOWBRICK FEATURE UPDATES

Hedge Fund Watcher Q3 Results

Now that the Q3 filings have been out for over three months, I’ve been sifting through the data to see how well Yellowbrick’s backend tools identified the Top Purchases and filings.

And the verdict is: very good!

Out of the 182,000+ purchases filed on Q3 13Fs, just over 550 qualified as “Top Large Purchases” (meaning they were sizable purchases by the best-performing funds).

And those purchases crushed the S&P on the 1M and 3M timeframes.

And the top filings did very well also! Out of almost 7,500 filings, only 161 qualify as “Top Filings” (meaning the funds previous 13F filings had killer returns).

Just like the purchases, these filings crushed the S&P as well.

The coolest part about this data is that I’ll be able to start combining it with the Elite Investor Feed data to continue improving the Yellowbrick backend model for identifying the highest-potential stocks.

Some notes on calculations:

• Returns are calculated using the T+1 open price (the open price the day after the filing is made public) to best replicate what the returns would be if you copied them

• The S&P 500 returns show what the returns would be if you bought the S&P instead of the stocks on that T+1 date. It’s also weighted by the number of filings/purchases on that day.

• The purchase count is slightly different between 1M and 3M because we couldn’t get the 3M return on 3 of the purchases for whatever reason (data issue, company was acquired/delisted, etc).

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Yellowbrick Premium subscribers have access to a feed of the Top Large Purchases, a Leaderboard of the Top 13F investors, and the Hedge Fund Watcher Portfolio to see which stocks the top investors own/are buying.

Click the button below to access the Hedge Fund Watcher feature (you can also sign up for Yellowbrick Premium there if you haven’t already).

YELLOWBRICK RETURNS

*These returns are updated each email.

Yellowbrick Stock Pitch Returns

We’ve crossed 12,500 stock pitches on Yellowbrick with 3-month returns. While the average Yellowbrick stock pitch slightly beats the S&P, the real benefit of Yellowbrick is how we use the data to identify the “Elite Investors” who crush the average Yellowbrick pitch and the S&P.

Yellowbrick Premium subscribers get access to investor returns and the Elite Investor Feeds to find the top investors and their stock pitches.

*Note: stock pitch returns are calculated using the open price the day after the stock pitch is made

**Note: the S&P return represents the return if you bought the S&P instead of the stock pitch the day after the stock pitch is made

Elite Investor Feed Returns

Just for fun, let’s look at the Big Money Elite Investor Feed results from 2024.

As you can see below, the average return of the 2,651 Fund Letter stock pitches from 2024 is just below the average S&P return, but the Elite Investor Fund Letter stock pitches beat the S&P by a full 3 points.

This is to be expected when you see the overall returns for Big Money Elite Investor feed.

Other Yellowbrick Features

If you need a refresher on all of the Yellowbrick Features, click the button below!

IN CASE YOU MISSED IT

20 of the new 13F filings from top funds

Includes Bill Ackman, Daniel Loeb, Carl Icahn, Li Lu and others.

20 (more) of the new 13F filings from top funds

Includes Druck, Burry, Buffett, Miller Value, and others.

10 value stock pitches from Q4 fund letters

Why Cliff Sosin won’t sell any of his 70% position in CVNA

Interesting Insider Trades

WEEKEND READING

Aberdeen’s Golden Rules for Investing in Equities 

Richard Cantillon - economist, financier, entrepreneur (1680-1734) 

The Great EBITDA Illusion

Exploring the observational post, decision protocols, and the good thing test

Case Study: 3x Earnings, 20% of Net Cash, Repurchasing Stock

2015 Notes from the Meeting between Dr. George Athanassakos and Mr. Warren Buffett

🎁 REFERRAL PROGRAM 🎁

Use your unique URL below or the share URL for any of the stock pitches to unlock insanely valuable awards.

Premium members have access to these awards here.

THAT’S ALL FOLKS

Thank you so much for using Yellowbrick! Be sure to share with other investors if you find it useful!

Connor

*Follow Yellowbrick on Twitter at @joinyellowbrick