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Invest like a billionaire

By Judy Martel · Bankrate.com
Monday, November 25, 2013
Posted: 6 am ET

Want to invest like Warren Buffett? Thanks to a new index launched on the New York Stock Exchange by iBillionaire, you can follow the blue-chip stock holdings of investors such as Buffett and hedge fund managers Daniel Loeb, David Tepper and David Einhorn.

Warren Buffett

A new index lets you to follow the blue-chip stock holdings of billionaires such as Warren Buffett.

Composed of the top 30 large-cap equities listed on the S&P 500, the iBillionaire Index tracks the stocks in which these billionaires have allocated the most funds. What's more, index co-founder Raul Moreno told The Los Angeles Times that in February, iBillionaire will introduce an exchange-traded fund for investors who want to mimic the Wall Street titans.

The top holdings in the index are Apple, Wells Fargo, AIG, Yahoo and Coca Cola. Since 2005, the annualized return of the index was 11.8 percent on Friday, compared with 4.5 percent on the S&P 500. In its best year, 2009, it delivered 48.03 percent, versus 26.34 percent for the S&P. The worst year was 2008, when it was down 33.04 percent versus the S&P, down 36.79 percent.

The index uses information from 13F filings, which detail stock holdings of fund managers and are required by the SEC to be filed within 45 days of the end of each quarter.

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20 Comments
rsk
December 09, 2013 at 4:23 pm

An incredibly weak article.

joann pisacane
December 09, 2013 at 8:52 am

THIS IS A SHOT IN THE DARK/ BUT' I WOULD LIKE TO MEET THIS MAN?. I HAVE BEEN HOLDING ON TO A FEW SHARES OF STOCK, FOR YEARS. WAITING.FOR IT TO COME BACK, I DONT KNOW IF IT'S RIGHT WORNG??
IAM SINGLE 70 YEARS OLD LIVING ON $700. A MONTH IF YOU CAN HELP ME.FIND A BETTER WAY ? YOU WILL BE MY BEST FRIEND.

PLEASE DO A GOOD DEED, JO-ANN

susan
December 01, 2013 at 12:44 pm

I found it easy to locate, but requires intelligence.

Corey Burton
December 01, 2013 at 10:19 am

Yeah you probably have to pay for it.In order to get the names and tips.

robert stepnick
November 26, 2013 at 2:40 pm

i'ts dumb to have an article about a fund or company and not give the stock/fund symbol.
fortune magazine does it all the time.

deb
November 26, 2013 at 2:03 pm

$BILLIONR:NYSE Arca

iBillionaire Index $BILLION:NYSE Arca

Sarah
November 26, 2013 at 11:25 am

This seems to be a scam to me also. Theremis no mention of the name that would allow me to use it. duh

sparky
November 26, 2013 at 8:21 am

Why didn't they mention the name and which company is selling it? Seems strange that all they would give is a description!

jim met
November 26, 2013 at 8:13 am

what is the ticker symbol of the fund???

thanks, jim

Morgan
November 25, 2013 at 8:35 pm

This is a SCAM can't you see this?