Why, you ask? Well, because it has numerous commonly held hedge fund positions all in their top 15 holdings. Tremblant has the radically popular Visa as their largest stake and has large stakes in the three tech titans: Apple, Research in Motion, and Google. Not to mention, they also hold other tech plays Baidu, Redhat, and long-time hedge fund darling Qualcomm. It seems like people never sell out of QCOM and it is always in the portfolios of numerous hedge funds we track. So, Tremblant's portfolio is the quintessential hedge fund portfolio because they have all of the hedge-fund-favorite names.

As we've covered previously, tons of the 'Tiger Cub' hedge funds are in the Mastercard (MA) and Visa (V) trade, and Tremblant is no different. But, while Tremblant has a large play on the payment processing duopoly, their bigger bet lies in the positions mentioned in the paragraph above. Collectively, it looks like Tremblant is betting on tech to be the sector that outperforms on the long side.

One other holding that we wanted to point out in particular is that of Green Mountain Coffee Roasters (GMCR). This is their 16th largest position at 2.66% of their portfolio and undoubtedly has generated huge gains for Tremblant, even after they sold 60% of their position. After all, shares of GMCR are up 165% over the last 6 months. Over on Twitter, we called this big move as we posted updates on this short squeeze play. 30-40% of the float was short going into an earnings release and GMCR knocked the cover off the ball. All of our channel checks had indicated strong numbers. And, when you combined that with the technical setup on the chart and the short float numbers, it was an easy play.

Assets from the collective holdings reported to the SEC via 13F filing were $1.8 billion this quarter compared to $1.6 billion last quarter, so a slight uptick in their long positions. This is just one of the 40+ prominent funds that we'll be covering in our hedge fund Q1 2009 portfolio series. Check back each day as we cover new fund portfolios. We've already covered Andreas Halvorsen's Viking Global, John Paulson's hedge fund Paulson & Co, Stephen Mandel's Lone Pine Capital, Eric Mindich's Eton Park Capital, John Griffin's Blue Ridge Capital, and David Einhorn's Greenlight Capital, Seth Klarman's Baupost Group, Timothy Barakett's Atticus Capital, Lee Ainslie's Maverick Capital, Raj Rajaratnam's Galleon Group, and Shumway Capital Partners (Chris Shumway).