A trader in Pennsylvania allegedly made millions in a huge insider trading...
More than 30 defendants were today named in criminal and civil cases over alleged hacking and insider trading.Only one appears to have a background on Wall Street — Vitaly Korchevsky.The 49-year old...
View ArticleThis is what hedge funds are buying right now
Hedge funds are going long large-cap financial companies and transportation stocks and shorting energy and household- and personal-product companies. That is the key takeaway from an equity-strategy...
View ArticleKyle Bass eviscerates a drug company's criticism of his short-selling its stock
Texas hedge fund manager J. Kyle Bass, the founder of Hayman Capital Management, has been waging a war against the US pharmaceutical industry and what he has called its "BS patents."He set up the...
View ArticleA huge London hedge fund just made a some big hires in the US
London-based hedge fund behemoth Brevan Howard just made a couple of big hires in its New York office. Bloomberg News reports that the $27 billion hedge fund hired Michael Lyublinsky, who was...
View ArticleA hedge fund likely made a killing investing in a company right before Warren...
Hedge fund manager Barry Rosenstein's Jana Partners most likely made a killing on an investment in a company that Warren Buffett just acquired in a $37.2 billion megadeal.According to Jana's 13F...
View ArticleTiger Global just made a $1 billion plus bet on Netflix
Tiger Global, the tech-oriented hedge fund run by Chase Coleman, took a huge stake in Netflix during the second quarter.Tiger Global owned 2,571,039 shares shares of Netflix at the end of the period,...
View ArticleDavid Tepper took a big new position in the second quarter
Hedge billionaire David Tepper, the founder of $20 billion distressed-debt fund Appaloosa Management, disclosed three new positions during the second quarter. He snapped up new positions in Alibaba...
View ArticleHedge fund giants are piling into a pharma company that is a target in a $36...
A couple of big name hedge fund managers are long Irish pharmaceutical company Perrigo, which has been resisting a takeover bid from Mylan since April.Texan hedge fund manager J. Kyle Bass of Hayman...
View ArticleThese are the stocks the biggest names in the hedge fund industry have been...
Hedge funds had to publish their 13F filings on Friday, and that means we have insight into what the biggest names in finance were buying and selling in the second quarter.There are a few standout...
View ArticleHedge fund billionaire Stan Druckenmiller has made a huge bet on gold
Legendary hedge fund manager Stanley Druckenmiller, who runs Duquesne Capital, made a huge bet on gold during the second quarter.Duquesne, which is now run as a family office, finished the second...
View ArticleA big hedge fund has gone from turning money away to having investors ask for...
Claren Road Asset Management, the long-short credit hedge fund backed by private equity giant Carlyle Group, was turning money away a year ago.Now its assets under management are plummeting. Bloomberg...
View ArticleThis must be the most crowded hedge fund trade right now
It seems the hottest hedge fund trade right now is betting on a huge pharmaceutical merger that is up in the air.Numerous hedge funds led by some of the biggest names in the industry have recently...
View ArticleThese are the 25 stocks that hedge funds love the most right now (AGN, AAPL,...
Hedge funds are loving Allergan, Apple, Facebook, TimeWarner Cable, and AT&T.That is according to some research from Goldman Sachs, which put together a "Very Important Long Position List."The...
View ArticleOne hedge fund made a 75% return in two days on a big bearish bet on China
A small hedge fund has made big money on the chaos in China.Emerging Sovereign Group's Nexus fund made a 75% return in two days last week, thanks to a big bearish bet on China, according to The Wall...
View ArticleJim Chanos is betting against Elon Musk's solar company
Famed short-seller Jim Chanos is betting against SolarCity, the solar power company cofounded by Elon Musk.The founder of Kynikos Associates revealed on CNBC's "Halftime Report" that he thinks...
View ArticleCEO of Jim Chanos' latest target: 'First I've ever heard of the guy' (SCTY)
Lyndon Rive, the chief executive of renewables company SolarCity and cousin of billionaire serial entrepreneur Elon Musk, has never heard of hedge fund manager Jim Chanos until Friday.That's when...
View ArticleBill Ackman is about to face off against Europe's biggest activist investor...
While Novak Djokovic and Roger Federer prepare for a semifinals at the US Open in Flushing Meadows, Wall Street's biggest hitters are gearing up for the first annual "Finance Cup" on Saturday.The...
View ArticleActivist investors keep colliding — and it's forcing the industry to...
Carl Icahn and Bill Ackman might soon need some translators on staff.Both investors are activists, who take small stakes in companies and then agitate for changes that ought to boost share prices. It's...
View ArticleThese are the 14 characteristics that make an outstanding hedge fund analyst
Hedge fund heavyweight Leon Cooperman, the founder of Omega Advisors, once shared his "characteristics of an outstanding analyst or portfolio manager."The 14 traits Cooperman looks for when making...
View ArticleHow hedge fund legend Jim Simons went from cracking codes to cracking...
Jim Simons, the investor who founded the hedge fund Renaissance Technologies, gave a rare interview to TED's Chris Anderson to chat about his stint at the National Security Agency, his hedge fund, and...
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