How are funds doing right now?
Definitely not fun at my place right now. What's the word on other funds? Down single digits, teens, ?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Read on twitter about a rumor floating around that Melvin is (supposedly) down double digits YTD.
Lol again!?!?
How are they still in business lol
I didn't believe your "read on twitter" rumor and was about to post a salty reply about why you shouldn't trust people on twitter...but it turns out your source was correct.
https://www.bloomberg.com/news/articles/2022-02-02/melvin-has-another-b…
what's your strategy?
Single manager funds with heavy TMT exposure down double digits to 20%+ YTD
Source?
Industry sources
uNcOrReLaTeD rEtUrNs
Lol. It’s how we do it mayne
Melvin, D1, Tiger Global, Lone Pine & Whale Rock all down double digits YTD, according to BI (citing TMT LPs)
Double digits
Is this made up? Or are you getting this from real sources?
I saw a few claims on twitter like this that are based on the 13-f, which means it is inaccurate because 13-f doesn't report shorts or swap positions.
How are the multi-managers doing?
Mostly flat. down to up low single digits
More importantly...how's your book doing?
Positive on the year, thankfully...
Curious abt Soroban, Skye, Darsana, Viking, Dragoneer, and Altimeter -- thanks!!!
Rokos, Alphadyne, Symmetry, Capula, Brevan, Element?
Don't know anything about macro but they are probably doing fine this year unless they got greedy and ran equity beta. Only one on that list is known for that.
Any YTD info on Eminence,Holocene, and Matrix Capital?
As of last week PB data was showing AUM weighted HF performance down HSD. Median funds down MSD which means the big guys are really hurting. Positioning still seems long overall, but less so than the beginning of the year.
Total fund is about flat ytd, my book up ~8%. Very tempted to call it quits for the quarter.
WSJ article talking about HF returns: https://www.wsj.com/articles/growth-hedge-funds-suffer-worst-rout-in-ye…
Bloomberg also saying Melvin -15% and needs to gain 94% to get to break-even.
Again, how tf is Melvin still in business ??
Well, long FB is a bad start to break-even
Long SNAP big time as well
January returns:
tiger global: -14.8%
whale rock hybrid public/private: -15.9%
melvin: -15%
light street: -15%
perceptive: -18%
rtw: -17.7%
coatue: -4.2%
viking: -4.5%
maplelane: +0.40%
Some outlets are reporting:
AQR absolute return: +15.4%
citadel multi strat: +4.7%
citadel FI: +4.9%
Rokos: 3%
Balyasny: +2.6%
millenium: +1.7%
citadel equities: +0.9%
P72: -1.3%
Coatue: -4.2%
Viking: -4.5%
PDT: -7%
Third Point: -10%
Melvin: -15%
I don't think I've ever seen Citadel lose money
Probably just not old enough to remember then, see 2008
Honestly, seeing Melvin's returns, I don't know how I am not getting billions of $ thrown after me.
h
MTD Friday as in today? These are some epic numbers
Let me know if I'm wrong but I"m pretty sure these aren't accurate - this list spread on twitter a week or so ago but it was just someone backing out theoretical returns from reading the latest 13-Fs for all the funds and assuming that all the positions / sizing remained unchanged for the last 3 months. The only accurate figures are the ones posted above that came from BBG.
But the list goes out to the hundredth %! It must be accurate
I mean let's be real tho for most of these tiger cubs the 13fs are basically their entire book
this is probably accurate. can confirm several of these. aka work at one and have friends at 2 others.
A few others (per Bloomberg, including the ones I hadn’t seen posted yet)
Trend Macro +8.9%
castle hook +6.3%
kirkoswald + 5%
Bridgewater +4.1%
Discovery +4%
EDL +2.6%
alphadyne +1.3%
Anomaly 1%
brevan howard 0.3%
Thanks. How did Anomaly do in 2021?
Omnis id voluptatem saepe. Dolorum soluta quos deleniti molestiae mollitia. Consequuntur molestiae aut totam inventore nemo. Et ut tempora illo occaecati.
Deleniti nesciunt et eius vel omnis. Explicabo odit ex voluptatem iusto quod et quis. Tenetur libero aut consectetur illum.
Excepturi explicabo consequuntur vitae dolor voluptatibus qui. Tempora earum qui omnis. Praesentium eum animi voluptatem non consequatur. Officia delectus explicabo omnis consequatur. Nostrum aut modi laborum eos amet consequatur eligendi. Impedit voluptatem sed occaecati qui quia et blanditiis. Blanditiis numquam totam beatae deserunt id odit eos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Et distinctio veniam eos omnis. Ea tempore delectus autem aut. A harum totam unde et eos veniam ut. Molestiae possimus quas possimus fuga optio.
Et accusamus quis autem at quaerat veritatis et. Aperiam accusantium cumque eum molestiae in est. Rerum maxime temporibus non debitis. Assumenda id voluptas vel beatae saepe. Doloribus quibusdam quam maxime ad incidunt ut quasi vel.
Eum sit praesentium ullam delectus. Voluptatem voluptatem ab qui consequatur quas. Quas perspiciatis ea tempore perferendis eum sunt. Sequi excepturi in perspiciatis consectetur unde. Corrupti laboriosam quisquam et cum harum at.
Eos totam illo atque optio aspernatur nulla. Nisi non esse labore dolore provident asperiores. Maiores ipsa et quasi aliquam. Voluptatem magni est pariatur ullam atque ut hic.
Eos non eum perferendis est tempora ab est. Delectus vitae eius suscipit. Ab sit vero tenetur earum nesciunt eum. Sed maiores qui sed consequuntur officia quibusdam. Vero tempora rem culpa dignissimos repellendus. Suscipit cupiditate id enim ut aut aut. Nostrum quia sit non et beatae magnam.