Wanna Know What The Top-Performing Hedge Funds are Holding?

http://www.stockpickr.com/port/Lone-Pine-Capital/
About Lone Pine:
http://biz.yahoo.com/indie/071116/996_id.html?.v=1

http://www.stockpickr.com/port/Maverick-Capital/

http://www.stockpickr.com/port/Atticus-Capital/
About Atticus:
http://www.thestreet.com/newsanalysis/stockpickr/10359349.html

http://www.stockpickr.com/port/Glenview-Capital-Management/
http://www.stockpickr.com/port/Pequot-Capital-Managment/

These stock-focused HFs are mentioned on a WSJ article on November 19.

Others to watch:

http://www.stockpickr.com/port/Leon-Cooperman/
http://www.stockpickr.com/port/T-Boone-Pickens-BP-Capital/
http://www.stockpickr.com/port/Renaissance-Technologies/

Some portfolios are up-to-date and some are not.. so proceed with caution!

List of HFs:
http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf

Explanation about HFs (in plain English):
http://nymag.com/news/features/hedgefunds/

Today's size of global HF market:
According to Hedge Fund Research: close to $2 trillion

Challenges:
Smaller funds that lack unique investment case are struggling for new money
Emergence of cheaper hedge fund imitation: mutual funds with "130/30" strategy

HF managers often invest their own money in their funds, under an assumption that it could incentivize them to behave conservatively. This is not necessarily the case. Since the use of leverage can maginify gains or losses, a fund that obtains big returns at any point in time can quickly reverse to losses. Bottom line, investors should be aware about the danger of chasing performance. Moreover, with so much money chasing similar opportunities, the average fund will find it harder to beat stock market returns. Therefore, average returns could fall going forward.