Who was early?
Four hundred and twelve institutional managers, scored on how early they were. The record opens on November 14.
Duquesne entered in Q4·2021
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 late①?
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.
Ranked on how early, not on how much③
| # | Manager | Early score | Move |
|---|---|---|---|
| 01 | AppaloosaTepper | 94 | ▲ 2 |
| 02 | ScionBurry | 92 | ▼ 1 |
| 03 | DuquesneDruckenmiller | 87 | ▲ 4 |
| 04 | CoatueLaffont | 85 | — |
| 05 | Lone PineMandel | 83 | ▲ 1 |
Entry quarter for one position, across the managers who reported it②.
One email on November 14, and nothing before it.
A quarterly publication built on Form 13F. It reports what was filed and when it was filed.