If you figure out exactly what Michael Burry was up to in the second quarter of 2020, please let me know. Scion's Q2 13F portfolio released today shows that Burry dumped his #1 holding -- and new position -- from last quarter, Jack in the Box (JACK)....
The Securities and Exchange Commission has proposed significantly raising the size threshold of funds required to file quarterly 13F disclosures. The SEC 13F rule change would end quarterly portfolio filings for nearly 90% of current filers. The proposal would raise the AUM threshold...
The ten most underrated hedge funds are not famous. But the managers running these funds have consistently generated exceptional returns despite (or maybe because) they fly under the radar. The stock picks of the managers on this list have handily outperformed most of the "wizards of...
For Akre Capital Management Founder Charles Akre, investment success is all about the power of compounding. As Akre puts it, "Many people think of us as a 'value investor' and others ask whether we are a value or a growth investor. We’ve started to say, we’re neither,...
At the Sohn San Francisco Investment Conference last year, Gil Simon of SoMa Equity Partners presented his best idea: SailPoint Technologies (SAIL). The Sohn conference is renowned as an annual event where hedge fund managers make market-moving presentations. Indeed, after Simon -- a rising star in the...
As we've written before, Abdiel Capital is all about focus. Managing partners Colin Moran and Geoffrey Gentile don't spread their bets around much -- they run a concentrated long book. Abdiel's 13F portfolio, disclosed last Friday, showed that the fund's $2.14B in long holdings was invested...
RA Capital has outperformed all other healthcare hedge funds over the past decade, based on 13F holdings. In fact, RA's 30.88% annualized return of it's equal-weighted top 20 long portfolio led all other hedge funds over that period. So, when RA manager Peter Kolchinsky discloses portfolio changes,...
Dr. Michael Burry's Scion Capital added Jack In The Box (JACK) to its portfolio in Q1 of 2020. According to a 13F filed today, the manager, famous as the focus of the book and movie The Big Short, made the fast-food company his #2 position. It's impossible...
Last week, Abdiel Capital added to its its Appian and Fastly stakes -- core positions for the top-performing fund. Managing partners Colin Moran and Geoffrey Gentile of New York-based Abdiel Capital Advisors aren't big on diversification. The managers prefer to focus on a...
What do Abdiel Capital, Citadel Advisers, Dragoneer Investment Group, Melvin Capital, Point 72 Asset Management, Tiger Global and Whale Rock Capital have in common? Aside from being among the world's leading hedge funds, Bill.com 13F holdings reveal all the above bought shares of Bill.Com (BILL) in Q4...