Only one fund manager, Ted Seides, took the bet and chose five "funds of funds" as his picks. The first year tracked for the purposes of the wager was 2008, so 2016 represented the ninth full year. Buffett detailed the year-to-year performance of each investment thus far, and the results aren't even close.
The S&P index fund has returned a compounded average of 7.1% per year -- a total return of 85.4% as of the end of 2016. On the other hand, the collective performance of the five funds-of-funds has been dismal. The total gain of 22% represents just over one-fourth of the return of the S&P index fund. So, barring a miraculous year for the hedge fund industry, it looks as if Buffett and the charity he selected to receive his winnings will be victorious at the end of 2017. In fact, Seides conceded the bet shortly after Berkshire's annual letter discussed the bet's current status.