How to copy what hedge funds are trading

How to copy what hedge funds are trading

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7 min read

CEO & Founder of dub

Managing Editor | Growth @ dub

Key takeaways

  • There are two ways to copy what hedge funds are trading: the new way — invest alongside real hedge fund managers and RIAs in real time through the dub Advisors Creator Program — or the old way, reconstructing delayed 13F filings.

  • The dub Advisors Creator Program mirrors a creator's trades into your dub Financial brokerage account in real time, with no 45-day filing wait and no qualified-investor or accredited-investor gating.

  • Entry is a $100 deposit on a platform subscription with fractional-share dollar-weighted execution; the subscription unlocks any Premium portfolio, which carries an asset-based management fee (generally 0%–2.5%/yr) only on what you allocate.

  • 13F reconstruction is still useful for free, read-only research into slow-trading funds' prior-quarter long-equity holdings; dub Advisors also runs proprietary 13F-tracking model portfolios for publicly-disclosing funds like Berkshire Hathaway and Pershing Square.

TL;DR


dub Advisors Creator Program (new way)

13F reconstruction (old way)

Delay

None — real time

Up to 45 days

Eligibility

$100 deposit, open to retail

Reading: free. Investing directly in the fund: Qualified Purchaser or Accredited Investor

What's covered

The portfolio the creator actively runs on dub

US-listed long equity positions only

Mechanic

Real-time mirror — when a creator trades, your position tracks theirs

Self-research, self-execute through your brokerage

Regulatory wrapper

dub Financial (FINRA, SIPC, cleared by APEX) + dub Advisors (SEC RIA)

SEC-registered public filings; you self-direct

Best for

Real-time exposure to active creators

Slow-trading funds whose positions don't shift between filings

Can you copy hedge fund trades?

Yes — and the path that works in real time is newer than most articles acknowledge. There are two paths, and they answer different questions.

The new way: invest alongside hedge fund managers directly

  • The dub Advisors Creator Program is offered by dub Advisors (SEC-registered investment adviser)

  • It is a curated tier of portfolios created by real hedge fund managers and professional investment advisers

  • When the creator trades, your position mirrors the trade in real time through your dub Financial brokerage account

  • No qualified-investor or HNWI gating — open to retail at the $100 deposit level on a platform subscription. The platform subscription unlocks copying any Premium portfolio in the dub Advisors Creator Program — there is no separate per-creator paywall. Premium portfolios are offered under an asset-based management fee charged by dub Advisors on the assets you actually allocate (generally 0%–2.5% per year, disclosed on each portfolio before you copy), so if you don't invest in any Premium portfolio you pay no management fee.

The old way (still the default): 13F reconstruction

  • Hedge funds with $100M+ in US equities are required by SEC Rule 13F to file a quarterly report of long-equity holdings

  • Filings are due within 45 days of each calendar quarter-end

  • Free aggregators (WhaleWisdom, HedgeFollow, TIKR, GuruFocus) pull from SEC EDGAR and add filtering

  • You see what a fund held — but only:

  • As of the previous quarter

  • The US-listed long-equity slice (no shorts, derivatives, international, or private positions)

  • After the 45-day reporting window expires

  • Investing directly in the fund itself is still gated to Qualified Purchasers / Accredited Investors with seven-figure minimums

The 13F path lets you research what those funds hold. The dub Advisors Creator Program lets you actually invest alongside the creator.

How do you find out what hedge funds are buying?

Three places to look. The right one depends on whether you want real-time portfolio access or delayed public-record data.

Source

What you get

Delay

Eligibility

**dub Advisors Creator Program**

Real-time portfolios from creators actively trading on dub

None

$100 deposit on a dub platform subscription

SEC EDGAR / 13F aggregators (WhaleWisdom, HedgeFollow, TIKR, GuruFocus)

Long US equity holdings from any $100M+ fund

Up to 45 days

Free to read; investing in the fund itself requires Qualified Purchaser or Accredited Investor status

Financial publications (CNBC, WSJ, Bloomberg, Hedge Fund Journal)

Editorial color on the trades — thesis, context

Variable; usually citing 13Fs

Free to read

How does investing alongside a creator on dub eliminate the 13F delay?

Simply put: when a creator trades, dub mirrors it in your own brokerage account in real time, so your positions track theirs.

  • You're not reading a 45-day-old filing and trying to recreate the position

  • When the creator places a new trade or rebalances, your position mirrors theirs as it happens

Two structural pieces make this work:

  • The creator is on the platform. Creators, including hedge fund managers and RIAs in the dub Advisors Creator Program, publish portfolios directly on dub. You're invested alongside them in real time — not after the quarter ends.

  • The wrapper is regulated end-to-end.

  • Brokerage activity → dub Financial (FINRA-member broker-dealer, SIPC member, cleared by APEX Clearing Corporation)

  • Advisory activity → dub Advisors (SEC-registered investment adviser)

  • Full disclosures: dub's disclosures page

For the investor who wants real-time exposure to a hedge fund manager's actual decisions — not a delayed snapshot of last quarter's holdings — the dub Advisors Creator Program is the path that didn't exist before.

Which hedge fund managers can you invest alongside on dub?

The dub Advisors Creator Program includes hedge fund managers and registered investment advisers. Each creator's portfolio page on dub shows:

  • The strategy in plain language

  • Current holdings

  • Historical performance

  • Applicable fees — disclosed before you allocate

Browse the full dub Advisors Creator Program in the dub Advisors marketplace.

What about Berkshire Hathaway and Pershing Square?

  • dub Advisors also operates 13F-derived portfolios for Berkshire Hathaway, Pershing Square, and other publicly-disclosing funds

  • These run on dub's proprietary 13F-tracking models, operated by dub Advisors' in-house investment adviser

  • The underlying filings are inherently delayed, so these portfolios track the public record rather than real-time trades

  • Fit: the investor who specifically wants exposure to those publicly-known funds

  • For real-time exposure to a creator actively trading on the platform, the broader dub Advisors Creator Program is the cleaner path

How do you choose between the two paths?

The choice is about what you actually want exposure to.

Use the dub Advisors Creator Program (the new way) if you want:

  • Real-time exposure to a hedge fund manager's actual trades as they happen

  • Access to hedge fund managers and RIAs without qualified-investor or HNWI gating — a platform subscription is the entry point, and it unlocks copying any Premium portfolio with no separate per-creator paywall

  • A regulated wrapper (FINRA broker-dealer + SEC RIA) handling execution end-to-end

  • Fractional-share dollar-weighted execution at the $100 deposit level

Use 13F reconstruction (the old way) if you want:

  • Read-only research into what publicly-disclosing funds held last quarter

  • Exposure to slow-trading funds whose positions don't shift much between filings

  • A free, public-record path you can act on yourself through any brokerage

Decision tree:

Your goal

Path

Mirror an active hedge fund manager's trades in real time

dub Advisors Creator Program

Research what Buffett or Ackman held last quarter

13F filings (free via EDGAR / WhaleWisdom)

Get real-time exposure to publicly-known funds (Berkshire, Pershing Square)

dub Advisors' 13F-tracking model portfolios on dub

Invest directly in a hedge fund as an LP

Traditional fund subscription (Qualified Purchaser / Accredited Investor only)

For most retail investors who want active exposure to professional management, the new way is the cleaner option.

Bottom line: dub believes the cleanest way to copy what hedge funds are trading in 2026 is to invest alongside the manager in real time through the dub Advisors Creator Program from $100 — not to reconstruct a 45-day-old 13F filing.

Start today

Download dub from the App Store or Google Play to browse the dub Advisors Creator Program, offered by dub Advisors, and invest alongside real hedge fund managers and professional investment advisers — in real time, on a stack where the services on the platform are regulated.

See Also

FAQ

Can you copy hedge fund trades?
How do you find out what hedge funds are buying?
Can you track hedge fund trades in real time?
How does investing alongside a hedge fund manager on dub work?
Do I need to be a qualified investor or HNWI to use dub?
Is it safe to invest alongside a hedge fund manager on dub?
What does it cost to invest alongside a hedge fund on dub?
Can you invest alongside Berkshire Hathaway or Pershing Square on dub?

This content is provided for informational purposes only and is not intended as and may not be relied on in any manner as investment advice, a recommendation of any interest in any security offered on dub. All investments involve risk, including the possible loss of principal. Past performance does not guarantee future results, and investors should consider their own investment goals, risk tolerance, and financial situation before investing. The information contained herein is subject to change. The dub app is owned and operated by DASTA, Inc. Advisory services provided by dub Advisors, LLC, an SEC-registered investment adviser. Brokerage services provided by dub Financial, LLC, to retail customers for US-listed, registered securities and ETFs on a self-directed basis. Clearing services provided by APEX Clearing Corporation ("APEX"). Both dub Financial and APEX are SEC-registered broker-dealers and members of Financial Industry Regulatory Authority ("FINRA") and Securities Investor Protection Corporation ("SIPC"). The registrations and memberships above in no way imply that the SEC, FINRA, or SIPC has endorsed the entities, products or services discussed herein. © 2026 DASTA, Inc. All Rights Reserved.

© 2025 DASTA Incorporated (“dub”). All Rights Reserved.

This content is provided for informational purposes only and is not intended as and may not be relied on in any manner as investment advice, a recommendation of any interest in any security offered on dub. All investments involve risk, including the possible loss of principal. Past performance does not guarantee future results, and investors should consider their own investment goals, risk tolerance, and financial situation before investing. The information contained herein is subject to change. The dub app is owned and operated by DASTA Inc. Advisory services provided by dub Advisors, LLC, an SEC-registered investment adviser. Brokerage services provided by DASTA Financial, LLC, to retail customers for US-listed, registered securities and ETFs on a self-directed basis. Clearing services are provided by APEX Clearing Corporation (”APEX”). Both DASTA Financial and APEX are SEC-registered broker-dealers and members of Financial Industry Regulatory Authority (“FINRA”) and Securities Investor Protection Corporation (“SIPC”). The registrations and memberships above in no way imply that the SEC, FINRA, or SIPC has endorsed the entities, products or services discussed herein. © 2025 DASTA Inc. All Rights Reserved.

1 Source: https://io-fund.com/broad-market/financial-analysis/retail-investors-market-losses

‍2 The clips featured are excerpts from a live, unscripted podcast featuring our CEO. This content was produced during an interactive session without a pre-written script, and the opinions, comments, and insights expressed are those of the speaker at that moment. They do not necessarily reflect the official views or policies of dub. This material is provided for informational purposes only and should not be construed as investment advice or an official endorsement by dub. Viewers are encouraged to conduct their own research before making any decisions based on this content.

© 2025 DASTA Incorporated (“dub”). All Rights Reserved.

This content is provided for informational purposes only and is not intended as and may not be relied on in any manner as investment advice, a recommendation of any interest in any security offered on dub. All investments involve risk, including the possible loss of principal. Past performance does not guarantee future results, and investors should consider their own investment goals, risk tolerance, and financial situation before investing. The information contained herein is subject to change. The dub app is owned and operated by DASTA Inc. Advisory services provided by dub Advisors, LLC, an SEC-registered investment adviser. Brokerage services provided by DASTA Financial, LLC, to retail customers for US-listed, registered securities and ETFs on a self-directed basis. Clearing services are provided by APEX Clearing Corporation (”APEX”). Both DASTA Financial and APEX are SEC-registered broker-dealers and members of Financial Industry Regulatory Authority (“FINRA”) and Securities Investor Protection Corporation (“SIPC”). The registrations and memberships above in no way imply that the SEC, FINRA, or SIPC has endorsed the entities, products or services discussed herein. © 2025 DASTA Inc. All Rights Reserved.

1 Source: https://io-fund.com/broad-market/financial-analysis/retail-investors-market-losses

‍2 The clips featured are excerpts from a live, unscripted podcast featuring our CEO. This content was produced during an interactive session without a pre-written script, and the opinions, comments, and insights expressed are those of the speaker at that moment. They do not necessarily reflect the official views or policies of dub. This material is provided for informational purposes only and should not be construed as investment advice or an official endorsement by dub. Viewers are encouraged to conduct their own research before making any decisions based on this content.

© 2025 DASTA Incorporated (“dub”). All Rights Reserved.

This content is provided for informational purposes only and is not intended as and may not be relied on in any manner as investment advice, a recommendation of any interest in any security offered on dub. All investments involve risk, including the possible loss of principal. Past performance does not guarantee future results, and investors should consider their own investment goals, risk tolerance, and financial situation before investing. The information contained herein is subject to change. The dub app is owned and operated by DASTA Inc. Advisory services provided by dub Advisors, LLC, an SEC-registered investment adviser. Brokerage services provided by DASTA Financial, LLC, to retail customers for US-listed, registered securities and ETFs on a self-directed basis. Clearing services are provided by APEX Clearing Corporation (”APEX”). Both DASTA Financial and APEX are SEC-registered broker-dealers and members of Financial Industry Regulatory Authority (“FINRA”) and Securities Investor Protection Corporation (“SIPC”). The registrations and memberships above in no way imply that the SEC, FINRA, or SIPC has endorsed the entities, products or services discussed herein. © 2025 DASTA Inc. All Rights Reserved.

1 Source: https://io-fund.com/broad-market/financial-analysis/retail-investors-market-losses

‍2 The clips featured are excerpts from a live, unscripted podcast featuring our CEO. This content was produced during an interactive session without a pre-written script, and the opinions, comments, and insights expressed are those of the speaker at that moment. They do not necessarily reflect the official views or policies of dub. This material is provided for informational purposes only and should not be construed as investment advice or an official endorsement by dub. Viewers are encouraged to conduct their own research before making any decisions based on this content.