Let's create a portfolio that holds the top stock ideas of the smartest, best informed, best performing hedge fund managers in the world. We won't pay hedge fund fees, nor will our money be "locked up." We'll rebalance this portfolio quarterly, so it always owns the highest...
As I've written about before, there is an inverse relationship between hedge fund AUM and performance. Below we look at the top ten small hedge funds posting big returns over the last year. Academic studies have shown that small hedge funds tend to outperform large...
It's been a challenging investing landscape over the last year, to say the least. From Sept. 30, 2019 through Feb. 19, 2020, the S&P 500 gained 14%. Then the Coronavirus pandemic swept in like a giant Black Swan. The market swooned 34% over the next month, bottoming...
San Francisco-based HMI Capital filed a 13G this morning disclosing a 6.11% position in SailPoint Technologies Holdings (SAIL). The software company was HMI's #12 holding as of the second quarter's close. But after HMI Capital increased its SailPoint stake by 162%, purchasing 3.4 million additional shares as...
Tiger Global has been selling Sunrun shares as fellow "Tiger Cub" Coatue Management buys shares of the solar systems retailer. Sunrun Inc. (RUN) has been a huge winner for Tiger Global, surging 352% year-to-date. But since Oct. 1, the $41B hedge fun run by Chase Coleman has...
In the roaring stock market of the 1920's, it was common for groups of shrewd traders to secretly accumulate big stakes in a stock, then promote it, and drive up the price. When unsuspecting buyers chased the stock higher, the manipulators would sell at a big profit,...
Back in 2013, Bloomberg ran a profile of Brad Gerstner's Altimeter Capital that described the up-and-coming hedge fund manager as an adventurer -- an amateur pilot and heli-skier who hangs out with big-time CEOs at Burning Man. The article said Gerstner wanted to build a Venture Capital...
Ark Investment Management Founder, CEO and Portfolio Manager Catherine Wood invests in what she calls "Disruptive Innovation." Wood has been successful with this approach, to say the least. Cloning Ark Investments' 13F portfolio since Q1 of 2017 would have resulted in a 39.74% annualized return. That's nearly...
Many traders know of Bruce Kovner, the cab driver turned multi-billionaire, from his interview with Jack Schwager in the classic investment book Market Wizards. As founder and Chairman of Caxton Associates from 1983 to 2011, Kovner reportedly averaged 21% annual returns. Kovner managed as much as $14 billion...
Tiger Global and Matrix Capital are the two best performing "Tiger Cubs" over the last year. In fact, the two hedge funds' long 13F returns are two of the best in the entire hedge fund universe. That's based on equal-weighted holdings of each fund's top 20 positions,...