A new leader took over in the race to win

TheStreet.com's

"Beat the Street" stockpicking game

, but some familiar names remain within striking distance.

The new No. 1 is dale111111, with a portfolio valued at $288,389.88. Second place belongs to Linda27614, who has $254,529.11. Prior leader Park92127 stands in third at $250,011.06.

Additionally, three other players have already grown the value of their holdings to more than $240,000.

"Beat the Street" began April 2. All players started the game with $100,000 of fictional money that they can use to buy and sell stocks throughout the trading day. The contest runs for two months, and the winner at the end will receive $100,000 in prize money.