Today's Hedge Funds Pulse
Paul Tudor Jones places $8 billion volatility bet on U.S. small‑cap stocks
Hedge fund legend Paul Tudor Jones has filed an $8 billion options position linked to the iShares Russell 2000 ETF, split into roughly $5.1 billion of puts and $3 billion of calls. The structure resembles a volatility‑focused straddle, signaling expectations of large price swings in U.S. small‑cap equities rather than a directional view.
Millennium Pushes Ahead with $87B Jain Global Deal Amid Integration Woes
Millennium is set to seal an exclusivity agreement with Jain Global that will channel the $87 billion hedge fund into a single partnership, despite ongoing turbulence in Jain’s fundamental equities unit. The deal, slated for a third‑quarter close, comes as the unit wrestles with manager departures and uncertain staffing, highlighting the friction that can accompany rapid consolidation in the hedge‑fund world.
Coleman and Tepper Slash UnitedHealth Stakes as Hedge Funds Rebalance
Tiger Global Management and Appaloosa Management reduced their UnitedHealth Group holdings by roughly 17% and 55% respectively in the first quarter of 2026, according to 13F filings. Analysts remain overwhelmingly bullish, citing a recent earnings beat and a narrowing medical‑cost...
We Asked an $850M Trend Manager Why Only 6 Funds Out of 10,000 Deliver What Investors Actually Want
The video features an interview with a $850 million trend‑manager discussing why only a handful of funds consistently meet investor expectations. He explains that systematic trend‑following, when paired with strict risk discipline, can navigate abrupt regime shifts such as the trade‑war‑induced...
Unearthing Alpha with a Metals Hedge Fund with Matt Heap
In this episode, host Paul Chapman talks with Matt Heap, founder and CIO of the upcoming metals‑focused hedge fund Forth Fund Management, about the evolution of hedge funds in commodities and the specific opportunities in metals and mining. Heap explains...
Millennium Secures Exclusive Partnership with Jain Global, Targeting $87B Hedge Fund Platform
Millennium Capital Partners has signed an exclusivity agreement with emerging manager Jain Global, binding the latter’s $6 billion flagship fund to Millennium’s $87 billion platform. The deal, slated to close in Q3, promises access to Millennium’s resources while limiting Jain’s ability to...
Paul Tudor Jones Makes $8bn Bet on Small-Cap Volatility
Billionaire hedge fund manager Paul Tudor Jones has taken an $8 billion options position tied to the iShares Russell 2000 ETF, comprising roughly $5.1 billion in puts and $3 billion in calls. The structure resembles a volatility‑focused straddle, indicating expectations of large price swings...
David Einhorn Goes Long on Victoria's Secret as Turnaround Gains Momentum
Greenlight Capital founder David Einhorn announced a bullish stance on Victoria's Secret at the Sohn Investment Conference, marking a rare long position from the famed short‑seller. He cited the brand’s new leadership and accelerating sales growth as the catalyst for...
Owls Nest Partners Invests $20 Million in CorVel as Shares Tumble 45%
Owls Nest Partners IA disclosed a $20.06 million purchase of 348,329 CorVel shares, a firm whose stock has fallen 45% over the past year. The investment makes CorVel 6.66% of the fund’s reportable assets, highlighting a contrarian view on the claims‑management...
Galaxy Launches $100 Million Crypto Hedge Fund to Trade Long and Short Positions
Galaxy has announced a new $100 million hedge fund that will take both long and short positions in crypto tokens and traditional equities. The fund, slated to launch in the first quarter, marks a shift toward volatility‑focused strategies as the market...
Dorsal Capital Sells $19.8 M of Planet Fitness Shares Amid Mixed Earnings Outlook
Dorsal Capital Management, LP sold roughly $19.78 million of Planet Fitness stock in Q1 2026, trimming its stake to 7.3% of assets under management. The move comes as the fitness chain posted 22% revenue growth yet warned of a slower‑than‑expected start...
Linonia Partnership LP Takes $225 Million Stake in MercadoLibre
New York‑based Linonia Partnership LP disclosed a first‑quarter purchase of 130,261 MercadoLibre shares, valued at $225.22 million at quarter‑end. The hedge fund’s move highlights a strong bet on the Latin‑American e‑commerce and fintech giant amid a recent price dip.
Blackstone and Google Launch $5 B AI Data‑Center JV Targeting 500 MW by 2027
Blackstone announced a $5 billion joint venture with Google to develop AI‑focused data centers in the United States, with a goal of bringing 500 MW of capacity online by 2027. The partnership, revealed weeks after Blackstone’s Q1 earnings fell short of expectations,...
Hedge Funds Boost AI‑Linked Tech Exposure by Record 853 Bps in Q2 2026, Chipmakers Lead the Charge
Global hedge funds increased AI‑related equity exposure by a record 853 basis points in Q2 2026, with semiconductor holdings reaching a 10% portfolio weight. The shift lifted information‑technology returns 62% year‑to‑date while raising leverage and concentration risks.
Harbor Capital Files to Launch AI‑Focused ‘Lab’ ETFs Targeting Anthropic, OpenAI and xAI
Harbor Capital has filed with the SEC for five actively managed “Lab” ETFs that each track the revenue streams of a specific generative‑AI lab – Anthropic, Google DeepMind, Meta, OpenAI and xAI. The move creates a new, lab‑specific vehicle for...
Bill Ackman's Pershing Square Pours $2.09 B Into Microsoft, Dumps Uber, Alphabet, Meta
Activist investor Bill Ackman's Pershing Square Capital Management bought 5.65 million Microsoft shares for $2.09 billion in Q1 2026, its largest single‑asset purchase this quarter. At the same time the fund trimmed its Uber stake and sold most of its Alphabet and Meta...
Superstring Capital Sells $6.6M of UroGen After 600% Stock Surge
Superstring Capital Management trimmed its UroGen Pharma position by 330,983 shares, cashing in an estimated $6.64 million after the stock surged more than 600% in the past year. The sale, disclosed in a May 14, 2026 SEC filing, leaves UroGen as one of...