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Cloning Hedge Fund Managers’ Best Returns

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    Alphaclone CEO Maz Jadallah on the financial sector.

  • Duration 3:23
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Get -- wonder.

Was the Smart money already position it for this jump right now more than a few investors are wondering how they can be like that.

How they can be with the best of the best and a lot of the best.

Aren't hedge funds they're the managers the hedge funds -- are less regulated.

But this guy on your screen -- -- is the CEO of a company called alpha clone where have they clone hedge fund managers best returns and don't charger was -- certainly he's got this new ETF -- he says we'll get the job done curious in a Fox Business exclusive from San Francisco on a day mosque that really matters here you know.

Hedge funds are widely known as better fleet of -- -- -- faster fleet of foot and obviously a better position.

Sometimes for -- such as this have you witnessed in the -- let's just dropped five days ago.

Then positioning themselves and I know it takes awhile for them to file with the SEC but what have you seen.

Thanks for having me was -- -- the answer you question is yes -- S&P 500 it has been for awhile.

Is financials amongst hedge funds you just mentioned BofA Citi Citigroup.

JPMorgan.

It's seven percentage points over overweight.

By far the largest overweight sector and even position that way for awhile.

I think it's important not to focus on the short term sort of moves didn't and it would -- especially with respect to Europe.

Sort of bearish case is that Europe's gonna -- and it's gonna take the world economies where that and the bullish case is that.

Willing to trade is to move away from the periphery countries and perhaps allocate more into the core countries -- the non eurozone countries.

But just answer your question.

There's no question they've been -- positioned.

From -- financials for this.

Okay how wanna get to what you do when you're ETFs and you when you say alpha clone alpha means sort of risk high risk high return sent your clothing.

What some of the top hedge fund managers have done.

So let's just talk about what they seem to be like -- right now the names that are piling up in their portfolios.

Why I think you know you see -- innovation is a big theme obviously Apple's a big holding that's no surprise.

But a couple of new.

Positions in the -- -- hedge fund long short index which is the index that underlies the AL FA DT half the alternative -- DE TF.

Delphi automotive is is is a new large positions -- the company.

Came out of bankruptcy.

Late last year.

Offered a 22 dollars is trading around 28 now analysts see a double in the next twelve months.

And I I see you see some of this sort of pharmaceutical medical companies as well pop up so.

Overweight financials overweight business services overweight medical.

Underweights.

Petroleum and energy.

OK and by the way see you -- some really superstar hedge fund guys to follow like -- heal her of capital growth.

I just want to mention quickly if we can put up your fees because your fees are far less than what knew what hedge funds -- they do the two and -- You've got a point not 51 of your competitors is just a bit lower but.

-- we're gonna have you back out great stuff thank you so much letting the retail investor get in on hedge fund like returns see you next time.

Right.

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