JAN 10, 2023
ValueGurus offers exposure to the top 10 assets chosen by some of the world’s leading mutual and hedge funds following a value investing approach.
Assets are taken from 13F filing, a quarterly report filed by all institutional investment managers with at least $100 million in AUM where they disclose their positions.
The portfolio adds to eToro’s offering of guru portfolios that already mirror the investment choices of Warren Buffett, Edgar Wachenheim, and Carl Ichan.
January 10, 2022: eToro, the social investing network, announced today the launch of ValueGurus, a portfolio offering retail investors long-term exposure to the companies cherry picked by influential financial personalities who choose value investing.
As an alternative solution to the current proliferation of content on what is a ‘buy’ on social media, eToro created a portfolio based on the investment choices of real-world finance leaders and business influencers. eToro analysed their most common buys by looking at the 13F filings(1) of some of the leading mutual and hedge funds(2) including Baupost Group and ValueAct Capital, and captured their top holdings in ValueGurus.
“We are seeing an increasing amount of financial content on Twitter and other social channels on what is a ‘buy’. In an effort to help retail investors make more informed investment decisions, we wanted to introduce them to a credible, publicly available tool that can be taken into consideration when making investment decisions,” explained Dani Brinker, Head of Investment Portfolios at eToro. “13F filings are a great financial tool as they provide additional transparency on the portfolio composition and the stocks chosen by the leading mutual and hedge funds. To help our users invest like them, we used 13F data to create a fully managed portfolio that provides them exposure to what the best in finance are buying.”
The 10 stocks making up the portfolio at its inception boast an average weighted market cap of over USD$415 billion and include Google, Mastercard, and Fiserv (full list here). The portfolio will be rebalanced every quarter after 13F filings are updated, it follows an automated and back tested methodology and is not discretionary in picking assets.
ValueGurus joins eToro’s existing offering of portfolios that mirror the investment strategies of influential financial personalities Warren Buffett, Edgar Wachenheim, and Carl Ichan.
eToro’s Smart Portfolios offer investors exposure to various market themes. Bundling together several assets under a defined methodology, and employing a passive investment approach, eToro’s Smart Portfolios are long-term investment solutions that offer diversified exposure with no management fees.
Initial investment starts from USD$500 and investors can access tools and charts to track the portfolio’s performance, while eToro’s social feed will keep them up-to-date on developments in the sector. For now, this portfolio is not available to US users.
Notes to editor:
13F filings: The Securities and Exchange Commission’s (SEC) Form 13F is a quarterly report that is required to be filed by all institutional investment managers with at least $100 million in assets under management. It discloses their equity holdings and can provide insights into what the ‘smart money’ is doing in the market.
Funds analysed: Akre Capital Management; Appaloosa LP; Baupost Group LLC; Brave Warrior Advisors, LLC; Gardner Investments; Markel Corp; Oakcliff Capital Partners; Smead Capital Management, Inc; Starboard Value LP; ValueAct Holdings, LP.
Please note this portfolio is not available to US users.
eToro is a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. Today, eToro is a global community of more than 30 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.
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