The best active superinvestors, ranked.
29 of the best portfolio managers in the world, ranked by a composite of 10-year quality × CAGR × recent activity. Quiet alpha rises; reputation alone doesn’t.
S&P 500 10-year CAGR (benchmark): 13.1%. Activity = distinct 13F moves over the last 4 quarters.
Quiet alpha — beats Stanley Druckenmiller’s 3.9% by 1.6 pts. 6 moves in the last 4 quarters — actively playing.
- 1.Stanley DruckenmillerDuquesne Family Office208.1+3.9% α
- 2.David TepperAppaloosa Management166.2+3.1% α
- 3.Prem WatsaFairfax Financial142.8+4.9% α
- 4.Warren BuffettBerkshire Hathaway127.7-1.4% α
- 5.Bill AckmanPershing Square Capital92.6-2.1% α
- 6.Mohnish PabraiPabrai Investment Funds90.7+1.5% α
- 7.Michael BurryScion Asset Management79.9-1.9% α
- 8.Bill NygrenOakmark Funds66.2-2.2% α
- 9.Howard MarksOaktree Capital48.3-4.2% α
- 10.Joel GreenblattGotham Asset Management25.7-4.1% α
- 11.Seth KlarmanBaupost Group17.2-7.7% α
- 12.David EinhornGreenlight Capital0.4-9.8% α
- 1.Chris HohnTCI Fund Management198.3+5.5% α
- 2.Dev KantesariaValley Forge Capital191.7+5.6% α
- 3.Chuck AkreAkre Capital Management120.1+1.2% α
- 4.Glenn GreenbergBrave Warrior Advisors110.2-0.4% α
- 5.Tom SlaterBaillie Gifford (Long Term Global Growth)93.0+1.8% α
- 6.Terry SmithFundsmith90.0+0.4% α
- 7.Polen CapitalPolen Capital Management88.1+1.2% α
- 8.John ArmitageEgerton Capital77.2-0.5% α
- 9.David RolfeWedgewood Partners75.0-0.6% α
- 10.François RochonGiverny Capital74.3+0.1% α
- 11.Li LuHimalaya Capital69.9-2.0% α
- 12.Andreas HalvorsenViking Global Investors54.4-3.5% α
- 13.William von MuefflingCantillon Capital Management50.8-2.4% α
- 14.Chase ColemanTiger Global Management37.4-4.7% α
- 15.Jeffrey UbbenValueAct Capital37.0-4.4% α
- 16.Stephen MandelLone Pine Capital25.8-4.5% α
- 17.Lee AinslieMaverick Capital5.0-9.2% α
All 29 ranked by composite
One list, one ranking. Reputation gets no bonus — only verifiable returns and current trading activity move the score.
| # | Manager | Quality | Alpha | Composite |
|---|---|---|---|---|
| 1 | Duquesne Family Office | 7.2 | +3.9% | 208.1 |
| 2 | TCI Fund Management | 8.2 | +5.5% | 198.3 |
| 3 | Valley Forge Capital | 8.2 | +5.6% | 191.7 |
| 4 | Appaloosa Management | 7.6 | +3.1% | 166.2 |
| 5 | Fairfax Financial | 6.9 | +4.9% | 142.8 |
| 6 | Berkshire Hathaway | 5.9 | -1.4% | 127.7 |
| 7 | Akre Capital Management | 7.0 | +1.2% | 120.1 |
| 8 | Brave Warrior Advisors | 6.2 | -0.4% | 110.2 |
| 9 | Baillie Gifford (Long Term Global Growth) | 4.8 | +1.8% | 93.0 |
| 10 | Pershing Square Capital | 5.1 | -2.1% | 92.6 |
| 11 | Pabrai Investment Funds | 5.4 | +1.5% | 90.7 |
| 12 | Fundsmith | 5.8 | +0.4% | 90.0 |
| 13 | Polen Capital Management | 5.6 | +1.2% | 88.1 |
| 14 | Scion Asset Management | 4.6 | -1.9% | 79.9 |
| 15 | Egerton Capital | 4.9 | -0.5% | 77.2 |
| 16 | Wedgewood Partners | 4.8 | -0.6% | 75.0 |
| 17 | Giverny Capital | 4.5 | +0.1% | 74.3 |
| 18 | Himalaya Capital | 4.5 | -2.0% | 69.9 |
| 19 | Oakmark Funds | 4.5 | -2.2% | 66.2 |
| 20 | Viking Global Investors | 4.2 | -3.5% | 54.4 |
| 21 | Cantillon Capital Management | 3.8 | -2.4% | 50.8 |
| 22 | Oaktree Capital | 3.7 | -4.2% | 48.3 |
| 23 | Tiger Global Management | 3.3 | -4.7% | 37.4 |
| 24 | ValueAct Capital | 3.4 | -4.4% | 37.0 |
| 25 | Lone Pine Capital | 2.5 | -4.5% | 25.8 |
| 26 | Gotham Asset Management | 2.2 | -4.1% | 25.7 |
| 27 | Baupost Group | 2.2 | -7.7% | 17.2 |
| 28 | Maverick Capital | 1.0 | -9.2% | 5.0 |
| 29 | Greenlight Capital | 0.1 | -9.8% | 0.4 |
Activity is half the story
Most superinvestor sites rank by AUM, name recognition, or pure historical return. Those rankings are stale by the time you read them. Our composite adds a third dimension — recent activity — so a manager with great history who hasn’t made a move in two years drops down the list, and a quiet high-alpha manager who’s actively trading rises.
Side by side: Big names are the household-familiar superinvestors. Quiet alpha are the managers most retail investors haven’t heard of — yet routinely beat the people they have.
Composite formula: quality0to10 × max(1, cagr10y) × (1 + movesLast4Q / 20). Quality 0-10 is computed from real returns (see /leaderboard for the formula). Activity is distinct 13F moves over the last 4 quarters of public filings. Not investment advice. Methodology.