Absolute Return+Alpha (AR) published its year 2009 “Rich List” last week. Many of these high-paid managers were highlighted on our site and blogs before. Based on AR’s list, we added links to each fund’s portfolio holdings and also Fund IDs. Fund ID is a unique number in our internal database that identifies each fund. Users can build out a “clone” portfolio following these managers with our tools “Masters” and “VPStock“. Read blogs on how to use Masters” and “VPStock tools before you give them a try.

Table 1. The highest paid hedge fund managers in year 2009

Rank Hedge Fund Manager Hedge Fund Take Home Pay Fund ID
1 David Tepper Appaloosa Management $4 billion 108
2 George Soros Soros Fund Management $3.3 billion 2516
3 James Simons Renaissance Technologies $2.5 billion 2285
4 John Paulson Paulson & Co $2.3 billion 2062
5 Steve Cohen SAC Capital $1.4 billion 3415
6 Carl Icahn Icahn Capital $1.3 billion 1360
7 Eddie Lampert ESL Investments $1.3 billion 2266
8 Ken Griffin Citadel $900 million 3523
9 John Arnold Centaurus Advisors $900 million 686
10 Philip Falcone Harbinger Capital $825 million 1236
11 Paul Tudor Jones II Tudor Investment Corp $750 million 2788
12 Marc Lasry Avenue Capital $500 million N/A
13 David Shaw D E Shaw $500 million 736
14 Israel Englander Millennium Management $475 million 1760
15 Louis Bacon Moore Capital $450 million 1784
16 Andreas Halvorsen Viking Global $450 million 2881
17 Stanley Druckenmiller Duquesne Capital Management $450 million N/A
18 Michael Hintze CQS Management $420 million 632
19 Ray Dalio Bridgewater Associates $400 million 436
20 Daniel Och Och-Ziff Capital $390 million N/A
21 Bruce Kovner Caxton Associates $375 million 511
22 O. Francis Biondi Jr King Street Capital $375 million 1504
23 Brian J. Higgins King Street Capital $375 million 1504
24 James Dinan York Capital $350 million N/A
25 Alan Howard Brevan Howard $350 million 434

Using our VPStock tool, we found out the 20 most popular stocks among these billionaire’s top 10 best ideas.

Table 2. List of hedge funds that we use to find out 20 most popular stocks.

  1. APPALOOSA MANAGEMENT LP
  2. BREVAN HOWARD ASSET MANAGEMENT LLP
  3. BRIDGEWATER ASSOCIATES INC
  4. CAXTON ASSOCIATES LLC
  5. CQS CAYMAN LP
  6. CENTAURUS CAPITAL LP
  7. D E SHAW & CO INC
  8. HARBINGER CAPITAL PARTNERS MASTER FUND I LTD
  9. ICAHN CARL C
  10. KING STREET CAPITAL MGMT LLC
  11. MILLENNIUM MANAGEMENT LLC
  12. MOORE CAPITAL MANAGEMENT LLC
  13. PAULSON & CO INC
  14. RBS PARTNERS L P CT
  15. RENAISSANCE TECHNOLOGIES LLC
  16. SOROS FUND MANAGEMENT LLC
  17. TUDOR INVESTMENT CORP ET AL
  18. VIKING GLOBAL INVESTORS LP
  19. SAC CAPITAL ADVISORS LP
  20. CITADEL ADVISORS LLC

Table 3. 20 Most Popular Stocks that Made Billionaires Billions $$$ (Choose from top 10 stocks of each fund)

Popularity Company Stock # Funds Own % Funds Own (of 20 Funds)
1.) BANK OF AMERICA CORPORATION BAC-PS 6 30.00%
2.) CITIGROUP INC C 6 30.00%
3.) WELLS FARGO & CO. WFC 4 20.00%
4.) JPMORGAN CHASE & CO. JPM 4 20.00%
5.) APPLE INC. AAPL 4 20.00%
6.) SPDR GOLD TRUST GS GLD 3 15.00%
7.) SUN MICROSYSTEMS, INC. JAVA 3 15.00%
8.) BURLINGTN N SANTE FE BNI 3 15.00%
9.) CIT GROUP INC NEWCOM NEW CIT 3 15.00%
10.) CAPITAL ONE FINANCIAL CORP COF 3 15.00%
11.) SPDR S&P 500 ETF SPY 2 10.00%
12.) BANK OF AMERICA CORP. BAC 2 10.00%
13.) ISHARES TRUST MSCI EMERGING MARKETS INDEX EEM 2 10.00%
14.) FIFTH THIRD BANCORP FITB 2 10.00%
15.) MASTERCARD INC MA 2 10.00%
16.) VISA INC. V 2 10.00%
17.) SUNTRUST BANKS, INC. STI 2 10.00%
18.) PETROLEO BRASILEIRO S.A. PBR 2 10.00%
19.) FREEPORT-MCMORAN COPPER & GOLD INC. FCX 2 10.00%
20.) BOSTON SCIENTIFIC CORP. BSX 2 10.00%

Most of the 20 popular stocks among these billionaires are big banks and financials. This is NO surprise. These stocks were thrown in the hell at the beginning of 2009, but the same stocks MADE billions for managers with guts (or balls in Apaloosa David Tepper’s case) at the end of 2009. That’s how the market works - when most people fear to death, the brightest investors show greed and jump in.

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