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Here's the top stock held by each of the 50 biggest hedge funds
The 50 largest hedge funds increased their exposure to stocks by 1% in the fourth quarter, according to Factset.Most hedge funds (85.4%) held US stocks as at the end of the fourth quarter, and Apple...
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Mike Novogratz's flagship fund just lost a quarter of its assets
Investors are pulling their money out of Fortress Investment Group.According to the Wall Street Journal, Fortress disclosed in its fourth-quarter earnings call that investors have taken back about $800...
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For hedge fund managers, the only thing worse than divorce is marriage
Wall Street is no place to be a hopeless romantic.A group of professors studied hedge fund managers' performance during various marital events. And they found that returns slipped more than 7% during a...
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DAN LOEB: Investors buying oil right now are going to be 'disappointed'
Any investors banking on cheap energy for their next big profit may need a new strategy, according to Third Point's Dan Loeb.In a conference call reported by Bloomberg on Friday, Loeb said funds that...
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Whitney Tilson warned us about Lumber Liquidators months ago in this...
Hedge fund manager Whitney Tilson, who runs Kase Capital, was interviewed by Anderson Cooper on "60 Minutes" about his largest short position: Lumber Liquidators."In 16 years of professional money...
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The 40 richest hedge fund managers
Forbes' magazine has just released its annual world's billionaires list.This year, we've counted 40 names in the hedge fund industry. A few of these titans have retired in recent years. Fund managers...
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WHITNEY TILSON: Here are 4 reasons why I'm now even more convinced that...
Hedge fund manager Whitney Tilson, the founder of Kase Capital, saw red flags in Lumber Liquidators' numbers, and he sent to the story to "6o Minutes" and Anderson Cooper.The "60 Minutes" report found...
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What happened with Lumber Liquidators is a perfect example of why hedge funds...
Whitney Tilson, who runs Kase Capital, just gave us all a great example of how hedge funds can be a force of good.On Sunday,"60 Minutes" and Anderson Cooper ran a damning report about Lumber...
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Argentina says the 'vultures' circling overhead have multiplied, and they're...
Investors in Argentina known as "me too" bondholders have filed $6-$8 billion worth of claims for more of the country's money to US Judge Thomas Griesa, says Argentine Economy Minister Axel...
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Casino mogul Steve Wynn's slander lawsuit against Jim Chanos got slapped down...
A California judge has dismissed casino mogul Steve Wynn's libel lawsuit against hedge fund manager Jim Chanos, founder of Kynikos Associates. The suit was dismissed with prejudice and Wynn will have...
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Ken Griffin makes $90,000 per hour even while he's sleeping, according to his...
Chicago hedge fund manager Ken Griffin makes more than $90,000 per hour even while he's sleeping, CNBC reports citing a new court filing from his soon-to-be-ex-wife.CNBC's Robert Frank reports:...
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Bill Ackman is already having a lovely year
Hedge fund manager Bill Ackman, the CEO of $19 billion Pershing Square Capital Management, is killing it again this year.Reuters' Svea Herbst-Bayliss reports that the 48-year-old activist investor...
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John Paulson is off to a good start this year
Billionaire hedge fund manager John Paulson, who runs $18 billion Paulson & Co., is off to a solid start so far this year. Bloomberg News' Simone Foxman reports that the fund's unlevered...
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A hedge fund reportedly fired a trader because he was IM'ing another trader...
Last month, energy trader Nick O'Grady sued his former employer, hedge fund giant BlueCrest Capital Management, over an unpaid $1.28 million bonus.In the complaint, he said he was fired "without cause"...
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The hedge fund manager shorting Lumber Liquidators has 'significantly'...
Hedge fund manager Whitney Tilson, who runs Kase Capital, wrote in an email that he has "significantly increased" his short position in Lumber Liquidators since the "60 Minutes" report.On Sunday,"60...
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A new wave of activist investors is shaking up corporate America
BOSTON (Reuters) - The largest new field of activist investors in years is shaking up corporate America, seeking to tap into billions of dollars in available capital and inspired by the outsized...
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Hedge funds pushed GM to buy back stock — and GM gave in to demands (GM)
(Reuters) - General Motors Co. is expected to announce later on Monday plans to repurchases shares, responding to pressure from a group of hedge funds to return more cash to investors.GM is expected to...
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Bill Ackman finally bought some Valeant stock (VRX)
Activist investor Bill Ackman, the CEO of $20 billion Pershing Square Capital, now owns a $3.3 billion stake in Valeant Pharmaceuticals, Reuters' Svea Herbst-Bayliss reports citing an unnamed source....
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Steve Cohen's fund is going quant
Steve Cohen's Point72 Asset Management is moving into quantitative investing.According to Bloomberg, the firm has 30 new hires dedicated to building investing models that use computer analysis of...
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Lumber Liquidators is surging after an infamous short-selling firm uses logic...
Influential short-seller Citron Research says in a new note that the sell-off in the hardwood-floor retailer Lumber Liquidators may be "largely overdone." Since a troubling "60 Minutes" investigative...
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