Managers
Technology stocks, including Apple, Super Micro Computer, MicroStrategy, and Synopsys, emerged as prime targets for short-sellers in January 2025, according to the latest Shortside Crowdedness Report from Hazeltree.
Bill Ackman, the founder of hedge fund Pershing Square, has clarified that his plans to transform Howard Hughes Holdings into a diversified holding company will not interfere with how his existing portfolios manage their stakes in other companies, according to a report by Reuters.
Izzy Englander, the 77-year-old Chief Executive Officer of Millennium Management, emerged as the highest-earning hedge fund founder in 2024, making some $4bn for the year, according to Bloomberg’s annual rankings of the world’s top hedge fund earners.
Global hedge funds are making calculated bets on Chinese stocks, seeking profits amid shifting US-China trade relations and positioning themselves for wins whether or not Beijing strikes a deal with Donald Trump, according to a report by Reuters.
Rob Citrone, founder of Discovery Capital Management, has vaulted into the ranks of the highest-paid hedge fund managers, earning an estimated $730m in 2024, fuelled by a 52% net return, and outpacing industry heavyweights including Bill Ackman and Paul Singer.
Coatue Management, the hedge fund led by Philippe Laffont, made a bold $1.1bn bet on Reddit in the fourth quarter, with the firm’s latest SEC 13F filing revealing a 6.5 million share stake in the social media platform, according to a report by Business Insider.
Hedge funds are leading a renewed euro rally as optimism over a potential Ukraine peace deal fuels fresh demand for the single currency, according to a report by Investing.com citing Bank of America strategists.
BP is at the centre of a growing battle between activist hedge fund Elliott Management and a group of institutional investors, as tensions rise over the oil major’s climate strategy and capital allocation, according to a report by the Financial Times.
Hedge funds, including DE Shaw, are looking to use an overlooked corporate bond clause to extract profits from European companies undergoing asset sales or break-ups, forcing issuers to repurchase debt at above-market prices, according to a report by the Financial Times.
Hedge funds, including Tudor Investment Corp and Hunting Hill Capital, significantly increased their exposure to US bitcoin exchange-traded funds in Q4 2024, capitalising on the cryptocurrency’s 47% surge, according to newly released regulatory filings.
