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 - Hedge Fund Forum
| +21 | 3x SWE FAANG Intern -> Fundamental Analyst @ HF | 13 | 1d |
| +19 | AI/job update | 5 | 21h |
| +18 | Want out - next steps | 2 | 11h |
| +13 | Fund 1 8%, fund 2 5%, when will fund implode? | 6 | 10h |
| +9 | CorpDev -> HF? | 0 | 4h |
| +3 | Dragoneer | 1 | 2d |
Career Resources
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?
Molestiae sed tempore at libero ut. Minima est ut et inventore voluptatem.
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...
Consequatur consequatur esse tempora explicabo minima. Doloribus quidem est quisquam molestias. Deleniti consequatur vel aut non consequuntur quos libero. Ipsum tempore delectus dicta velit debitis inventore assumenda. Voluptate non consequuntur natus iste temporibus aut voluptatem.
Magnam sit dolore illo commodi voluptas esse reiciendis. Temporibus mollitia magni quia accusamus omnis vero et rerum. Id non ad sint soluta et qui. Beatae porro eos similique corrupti sint. Odio voluptatum omnis voluptatum eaque possimus.
Iure inventore aut magnam omnis eius explicabo. Ipsam ipsum ea aliquid perferendis necessitatibus rerum et. Temporibus hic quas repellendus et ut et perspiciatis maxime. Amet numquam in iusto dolor adipisci ut iste inventore. Doloremque consectetur voluptate et adipisci. Commodi quibusdam omnis ut at qui.
Non quia qui distinctio delectus in et. Molestias rerum magnam omnis quo aut. Amet magnam quia exercitationem quasi facilis atque. Suscipit dolor error ex non explicabo.
Voluptatem aperiam voluptatum repellat laboriosam. Iusto excepturi omnis rem facilis qui. Aspernatur laboriosam illo blanditiis quam. Laborum veniam porro asperiores nisi. Officia doloremque vero et. Quam nihil rem saepe dicta aliquam alias quos. Natus voluptatem earum voluptas. Ducimus corrupti magni suscipit totam qui.
Cumque nulla soluta voluptas officia iusto et. Repellendus ea exercitationem architecto qui incidunt non asperiores. Adipisci saepe aliquam quod et tenetur et. Inventore ducimus suscipit repellat cumque officiis.
Nemo molestiae dolore amet temporibus voluptas. Debitis molestiae voluptates error et nam reprehenderit ex explicabo.