Some of the most popular hedge funds have plummetted in value by -26.4% YTD, according to a report from CNBC.
Some of the most popular hedge funds have plummetted in value by -26.4% YTD, according to a report from CNBC.
Big tech has taken a back seat, with Microsoft, Amazon, Alphabet Class A, Apple and Meta Platforms no longer in the top spots.
The top holdings are now Cheniere Energy, PG&E Corp, UNITEDHEALTH, COHERENT, BERKSHIRE HATHAWAY A.
Recent market volatility has contributed to some steep market declines in equities-orientated firms, including Melvin Capital and Tiger Global.
However, overall hedge funds are performing better than the broader market on average.
