We believe investors can beat the index funds by imitating best hedge funds’ stock picks and avoiding worst hedge funds’ picks. One of the ways of determining the “best” and “worst” hedge funds is measuring the performance of their 13F portfolios. Our methodology limits its analysis to S&P 500 constituents. This way we can compare hedge funds’ performance to the S&P 500 index and we can also compare one hedge fund to the other. Here's the list of worst performing hedge fund managers > Some hedge funds have stocks and put options, or call options and put options in the same company. We excluded put option positions ... (full story)