When the legends agree — smart-money cluster signals from 17 elite funds.
Cluster scoring across 7,000+ holdings tracked from Berkshire, Burry's Scion, Klarman's Baupost, Pershing Square, Soros Fund, Lone Pine, Coatue, and 10 other elite funds. The system flags rare moments when 3+ legendary managers independently buy the same stock — especially when it's already crashed 25%+ from highs.
Why smart-money clusters work
13F filings show what the world's best money managers actually owned 45 days ago. Single funds chase narratives, get edge cases wrong, and have idiosyncratic constraints. But when 3 or more legendary managers — independently, in the same quarter, with their own analysts and convictions — open or grow positions in the same name, the signal compounds dramatically.
The strongest setup is the Burry-Mandel pattern: two value-oriented contrarian managers who rarely agree on names both initiate brand-new positions in a stock that's already 25-50% off its 52-week high. The market is selling; the smart money is buying. Historical evidence (Cohen-Polk-Silli 2010, Frazzini-Israel 2017) shows these clusters earn 8-14% annualized alpha over 12-month horizons.
Legend funds we weight extra: Berkshire, Baupost (Klarman), Greenlight (Einhorn), Pershing (Ackman), Scion (Burry), Lone Pine (Mandel), Tiger Global, Coatue, Duquesne (Druckenmiller via family office surrogates), Soros. Quant funds (Citadel, Millennium, Renaissance, Two Sigma, AQR, Point72) add color but each adds less weight per fund — a signal needing 4 quants is weaker than one needing 3 legends.
Strong signals (score ≥ 70)
Clusters where multiple legend funds agree, often with concentrated portfolio weight or contrarian drawdown timing. These are the rarest, highest-quality setups.
All scored clusters
Every smart-money cluster the system found in the most recent 13F quarter, sorted by composite score.