From Alphaclone via SeekingAlpha: Galleon Group's 50 Largest Holdings

My first employer on Wall Street was the world's largest pension fund; my second, the fastest growing hedge fund. When I was at the first and interviewing for the second, I had this idea that the best hedge fund were investing on some higher plane, with qualitatively different instruments and strategies put to use by people who were just altogether smarter than those of us at conventional money managers. Once I was in a hedge fund, I realized that these people put their pants on one leg at a time, that they were subject to all the usual range of human abilities and weaknesses, and that their funds may or may not be better though they certainly were more expensive for clients.

Galleon's top fifty holdings list from earlier in the year is utterly ordinary.

Wyeth went the way of all flesh on Friday; now part of Pfizer.

keywords: Hedge Fund

 

 

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Galleon Group's 50 Largest Holdings

via SeekingAlpha.com: Home Page by AlphaClone on 10/18/09

AlphaClone submits:

The founders of the Galleon Group, a hedge fund started in 1997 and which has a technology and healthcare focus, have been charged with insider trading. Galleon is one of the 250 hedge and institutional investment funds that are available on AlphaClone. The fund's Top 10 Holding Clone, which invests quarterly in the the fund's ten largest holdings at the time they are disclosed, is up 48.2% so far this year but has not performed very well over time returning a negative 3.9% annualized over five years and a dismal negative 18% annualized since 2000 (all returns as of 10/15/09 close). We thought we'd list the fund's 50 largest holdings below (as of 6/30/09). Now that the fund will almost certainly wind down, perhaps there are some good short opportunities.

	Name	Ticker
1	EBAY INC	EBAY
2	GOOGLE INC	GOOG
3	APPLE INC	AAPL
4	OSI PHARMACEUTICALS...	OSIP
5	BANK OF AMERICA COR...	BAC
6	JP MORGAN CHASE & CO	JPM
7	CISCO SYS INC	CSCO
8	SPDR S&P 500	SPY
9	DELL INC	DELL
10	NVIDIA CORP	NVDA
11	E M C CORP MASS	EMC
12	WYETH	WYE
13	PEPSI BOTTLING GROU...	PBG
14	MEMC ELECTR MATLS INC	WFR
15	First Solar Inc	FSLR
16	VERISIGN INC	VRSN
17	YAHOO INC	YHOO
18	ELECTRONIC ARTS INC	ERTS
19	SPDR Gold	GLD
20	INTEL CORP	INTC
21	QUALCOMM INC	QCOM
22	COGNIZANT TECHNOLOG...	CTSH
23	FORD MTR CO DEL	F
24	NATIONAL SEMICONDUC...	NSM
25	NETEASE COM INC	NTES
26	SUNTRUST BKS INC	STI
27	TYCO INTERNATIONAL LTD	TYC
28	TERADYNE INC	TER
29	RESEARCH IN MOTION LTD	RIMM
30	ALCON INC	ACL
31	HEWLETT PACKARD CO	HPQ
32	VISA INC	V
33	AMAZON COM INC	AMZN
34	BIOGEN IDEC INC	BIIB
35	NOVELLUS SYS INC	NVLS
36	ANADARKO PETE CORP	APC
37	COMMSCOPE INC	CTV
38	FTI CONSULTING INC	FCN
39	PEPSICO INC	PEP
40	ABERCROMBIE & FITCH CO	ANF
41	F5 NETWORKS INC	FFIV
42	LAM RESEARCH CORP	LRCX
43	LEXMARK INTL NEW	LXK
44	GAP INC DEL	GPS
45	Seagate Tech	STX
46	YINGLI GREEN ENERGY...	YGE
47	RADIOSHACK CORP	RSH
48	KLA-TENCOR CORP	KLAC
49	FIDELITY NATIONAL F...	FNF
50	ALLERGAN INC	AGN

Complete Story »

 

 

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