MOVEABLEALPHA · Q2 2026 EDITION · OPENS NOV 14A QORRA LABS PUBLICATION
Coming soon · first edition

Who was early?

Four hundred and twelve institutional managers, scored on how early they were. The record opens on November 14.

Specimen exhibit · NVIDIA Corp · NVDA

Duquesne entered in Q4·2021

+412%
Early · Druckenmiller · since entry quarter
Q4 2021Q2 2023Q4 2024Q1 2026
① ENTERED Q4-2021 · REPORTED 2022-02-14 · 2,100,000 SH @ ~$29 SPLIT-ADJPRICES ARE QUARTER-END CLOSES, SPLIT-ADJUSTED. ENTRY IS THE FIRST QUARTER THE POSITION APPEARS ON A FORM 13F.
Same stock. Three entry quarters. That difference is the record.
What this is

Every quarter, roughly four thousand funds tell the Securities and Exchange Commission what they own. The filings are public and almost nobody reads them. MoveableAlpha reads all of them and asks one question of each manager: when they entered a position that worked, were they early or were they late?

The answer is a single figure per manager per horizon, and a timeline showing the quarter they first reported the position. No signals, no recommendations, no live prices. A record of who was early, published four times a year.

Managers tracked
412
Reported value
$1.2T
Editions a year
4
Filing to alert
Hours
Specimen · the leaderboard, as it will print

Ranked on how early, not on how much

Specimen leaderboard: the five highest early scores, and how far each moved since the last edition
#ManagerEarly scoreMove
01AppaloosaTepper94 2
02ScionBurry92 1
03DuquesneDruckenmiller87 4
04CoatueLaffont85
05Lone PineMandel83 1
When they arrived
≤Q4-21Q1-22Q3-22Q1-23Q3-23Q1-24Q3-24Q1-25+

Entry quarter for one position, across the managers who reported it.

Be told when it opens

One email on November 14, and nothing before it.

WE STORE YOUR ADDRESS ONLY TO SEND THAT EMAIL · UNSUBSCRIBE IN ONE CLICK · ASK US TO DELETE IT AND WE DO
Not investment advice

A quarterly publication built on Form 13F. It reports what was filed and when it was filed.

SOURCE: SEC EDGAR · FORM 13F-HR · ALL FILERS, ALL QUARTERS
SHORT POSITIONS, DERIVATIVES, CASH AND NON-US HOLDINGS ARE NOT DISCLOSED IN FORM 13F
SPECIMEN FIGURES ABOVE ARE ILLUSTRATIVE OF THE FORMAT
MoveableAlpha — the record opens November 14