Heidi Gutman / CNBC
Ray Dalio talks at the Alpha Exchange panel at the CNBC Institutional Investor Delivering Alpha conference September 13th in NYC
- WalletHub analyzes financial disclosures for 400 of the largest hedge funds every quarter to help other investors replicate their success.
- The firm put together a list of the funds' favorite stocks, including which moved up or down from previous quarters.
Each quarter, hedge funds must disclose their holdings of publicly traded companies.
WalletHub, a personal finance site, analyzes the filings of top 400 hedge funds each quarter to see what stocks they were buying up and which they were selling.
Their monitoring includes famous investors and funds like Warren Buffett's Berkshire Hathaway; Ray Dalio's Bridgewater Associates, the world's largest hedge fund; David Tepper's Appaloosa Management; and Daniel Loeb's Third Point Capital.
"It makes sense that people pay attention to what hedge fund managers are buying, selling and holding," the firm said. "We want to replicate their success. Hedge funds' quarterly public disclosures, mandated by the Securities and Exchange Commission, give us a window into their recent activity."
Scroll through to see the he 400 largest hedge funds' favorite stocks in the second quarter of 2018: