Of course, these disclosures come 45 days following the end of the quarter and represent only a partial picture of these secretive traders' actual investments. But, in a volatile market that swings against you at every turn, it helps to know in which direction the smart money is headed.
Buy and hold investors may want to follow Buffett's picks, while traders want to know where a big fish like Soros has been swimming. Those looking to go contrarian might wish to follow Paulson's buys and sells, while performance chasers might hope to duplicate Tepper's success.
Here is a roundup of the changes your favorite market heavyweights have made to their portfolios lately based off their most recent regulatory filings.