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.
Hedge Funds Poised for Best Monthly Gains Since 2016, Driven by Asia Exposure
Equity long/short hedge funds have posted a 7.7% gain this month, positioning the industry for its strongest monthly return since 2016. The surge is anchored by Asian and China‑focused managers and a wave of new capital, according to a Goldman Sachs quarterly report cited by FX Leaders and TradingView.
Hedge Funds Move Into Market for Trump-Era Tariff Refunds
Hedge funds in London, New York and other hubs are buying rights to potential U.S. tariff refunds after a Supreme Court ruling nullified Trump-era duties that generated roughly $166 billion in collections. Importers are selling their refund claims at a discount...
Understanding Trend Following: A Strategic Diversifier for Modern Portfolios
The Meketa Investment Group’s December 2025 whitepaper examines trend‑following strategies over the 2000‑mid‑2025 period, reporting an annualized 4.9% return with 13.4% volatility—positioned between U.S. bonds and global equities. The research highlights “crisis alpha,” showing positive gains during the dot‑com bust,...
Energy Emerges as Hedge Fund Bright Spot Amid Global Equity Sell-Off Driven by Middle East Conflict
Global equity markets slipped in March as Middle East tensions sparked heightened volatility, but energy stocks emerged as a rare bright spot for hedge funds. Hazeltree data shows hedge funds boosted long exposure to the energy sector by 55% versus...
Where Is Money Flowing Today?
Finviz’s intraday heatmap shows capital gravitating toward technology and consumer‑discretionary stocks, while energy, utilities and several small‑cap names lag behind. The visualization highlights a pronounced rally in mega‑caps such as Apple and Microsoft, contrasted with broad weakness in commodity‑linked equities....
Alcur Elevates Flöstrand to CIO One Year After Joining
Alcur Fonder promoted portfolio manager Per Flöstrand to Chief Investment Officer, succeeding co‑founder Johan Klevby who will stay on the investment team. Flöstrand, a former ABG Sundal Collier executive, moves into the role just over a year after joining the firm. The...
Crypto Hedge Funds Turn to Oil and Gold on 24/7 Blockchain Platforms
Crypto hedge funds are reallocating capital toward tokenized crude oil, gold and copper on 24/7 blockchain exchanges. The move follows a surge in stable‑coin activity and a 9.5% jump in Circle’s stock, underscoring broader crypto‑market momentum.
Month in Review – March 2026
March 2026 marked a sharp downturn for Nordic hedge funds, with the Nordic Hedge Index slipping 2.6% amid the Middle East conflict that closed the Strait of Hormuz. All five strategy sub‑indices posted losses, though CTAs, macro and managed futures...
The Home Depot, Inc. $HD Position Boosted by Assetmark Inc.
Assetmark Inc. increased its Home Depot position by 12.5% in Q4, holding 70,608 shares worth roughly $24.3 million. At the same time, CFO Richard Mcphail sold 2,550 shares for about $0.94 million, cutting his stake by 5.4%. Home Depot reported Q4 earnings...
Stryker Corporation $SYK Position Increased by Consolidated Investment Group LLC
Consolidated Investment Group LLC boosted its Stryker Corporation stake by 24.7%, holding 13,110 shares valued at roughly $4.6 million after buying an additional 2,600 shares in Q4. The medical‑technology giant reported Q4 earnings that beat forecasts, with EPS of $4.47 and...
Citadel CEO Ken Griffin Warns a Six‑to‑twelve‑month Hormuz Shutdown Would Trigger a Global Recession
Citadel founder Ken Griffin told the Semafor World Economic conference that a six‑to‑12‑month closure of the Strait of Hormuz would make a global recession unavoidable. He linked the risk to oil prices above $100 a barrel and the chokepoint’s role...
Dubai Offers Hedge Funds Flexibility Amid Iran War
Dubai is moving quickly to give hedge funds flexibility to navigate Iran war-related disruptions. An open-for-biz approach, alongside tax advantages and access to capital, had lured hedge funds to Dubai and neighboring Abu Dhabi in the first place. https://t.co/m9DiSMStwP
Macro Hedge Funds in China Hit by Sharp Losses
Macro hedge funds operating in China posted sharp losses in March as geopolitical tension sparked volatile swings across equities, bonds, commodities and FX. Bridgewater's All Weather Plus systematic strategy slipped 5.6%, while Shanghai Longlife's Macro Hedging No1 fund plunged 25%....
BlackRock Issues “Crowding” Warning for Hedge Funds:
BlackRock’s Spring Hedge Fund Outlook warns that multi‑strategy “pod” hedge funds are far more crowded and correlated than traditional diversification metrics suggest. Shared data sets, AI‑driven models and common macro narratives cause independent pods to take near‑identical positions, raising the...
What Daniel Loeb’s Latest Letter Reveals About Market Risk and AI
Daniel Loeb’s Q1 2026 investor letter outlines a risk‑first framework that helped Third Point post a modest decline while still beating the market. The firm began trimming positions in February, ahead of a private‑credit unwind and an Iran‑driven oil price...
Alua Capital to Shut Down $2 Bn Hedge Fund After Four‑Year 4% Return
Alua Capital Management announced it will wind down its roughly $2 bn global equities hedge fund, citing under‑performance. The fund posted an annualised 4% return from its November 2020 launch through Q1 2026, prompting a capital return to investors by the end of...
David Einhorn Signals Downside Risk, Shifts Greenlight Capital to Preservation
Greenlight Capital’s David Einhorn warned investors that market optimism may be masking significant downside risk and announced a renewed emphasis on capital preservation. The fund posted a 6.5% first‑quarter gain, outpacing a 4.4% decline in the S&P 500, while keeping...
SS&C GlobeOp Hedge Fund Index Slides 1.79% in March, Capital Movement Index Gains 0.26% in April
SS&C Technologies announced that its SS&C GlobeOp Hedge Fund Performance Index fell 1.79% in March 2026, while the newly released Capital Movement Index rose 0.26% in April. The data underscores heightened market volatility and a tentative rebound in hedge‑fund inflows.
Archipelago Adds Firepower After Back-to-Back Strong Years
Archipelago Investments has bolstered its research team by hiring Anders Fagerlund as Senior Analyst and Head of Research. Fagerlund arrives after 15 years as a senior fund manager at AMF Fonder and a decade at UBS covering European capital goods....
Ex‑Druckenmiller Insider Reveals Hedge Funds’ Early AI Edge
Really cool episode. Jan spent many years directly working for Stan Druckenmiller before starting his AI software reflexivity long before anyone knew what chatGPT was. He has a very unique line of sight into how some of the best hedge funds...
Hedgeweek® in Conversation with Wellington Management
Hedge‑funds posted mixed performance in early 2024, with SS&C GlobeOp reporting a 2.3% loss in March but a 4.5% inflow rebound in April, adding roughly $12 billion of new capital. BlackRock urged investors to diversify allocations amid heightened volatility, while digital‑asset...
BlackRock Q1 Profit Surges on Active ETF Gains, $130 B Inflows
BlackRock reported a first‑quarter net profit of $2.21 billion and attracted $130 billion of client cash, largely from its active‑ETF platform and a spike in performance fees. The results highlight the firm’s fee‑centric growth model, a key reference point for hedge‑fund investors...
Reinhart Partners Puts $36 Million Into OneSpaWorld, Boosting Hotel‑Spa Stake
Reinhart Partners increased its OneSpaWorld holding by 1.7 million shares, an estimated $36.1 million transaction that lifts the fund’s stake to 2.56% of its 13F assets. The move underscores confidence in the niche spa‑at‑sea business, which commands roughly 90% of the cruise‑ship...
BlackRock Calls on Investors to Diversify Hedge Fund Allocations Amid Heightened Volatility
BlackRock’s Spring Hedge Fund Outlook urges investors to broaden exposure across a wider array of hedge‑fund strategies as macro uncertainty, AI‑driven market shifts, and geopolitical tensions heighten volatility. The firm warns that hidden correlations, leverage, and crowding in multi‑manager platforms...
Assetmark Inc. Boosts Stock Position in The Walt Disney Company $DIS
Assetmark Inc. increased its Disney stake by 14.9% in Q4, now holding 318,385 shares valued at roughly $36.2 million. The entertainment giant reported Q4 earnings of $1.63 per share, beating estimates, with revenue of $25.98 billion, up 5.2% year‑over‑year. Analysts maintain a...
SS&C GlobeOp: Hedge Fund Capital Flows Turn Positive:
SS&C GlobeOp's Capital Movement Index shows hedge fund net inflows turned positive in April after March's -1.79% gross return. Institutional investors are allocating more to hedged, market‑neutral and multi‑strategy funds as macro volatility rises. The shift reflects a strategic move...
Intelligence Driven Advisers Cuts QEFA Holding, Signaling Shift in EAFE Exposure
Intelligence Driven Advisers LLC trimmed its position in the SPDR MSCI EAFE StrategicFactors ETF (QEFA) as of April 14, 2026. The adviser did not disclose the size of the reduction, but the move adds to a wave of recent portfolio...
Ruffer Investment Company Reports Sharp Volatility After US‑Israeli Attack on Iran
Ruffer Investment Company said its March 2026 performance was dominated by the US‑Israeli strike on Iran, which sent crude oil up more than 60% in the month and 94% for the quarter while equities, bonds and even gold fell sharply....
Tok-Edge - The Crypto Hedge Fund with a Token
In this episode of Brave New Coin Crypto Conversation, co‑founder and CIO Raze explains TokEdge’s innovative "redemption token" model—a hybrid crypto asset that combines permissionless DeFi utility with a real, tradable function for fund investors. He outlines how TokEdge pairs...
Portfolio Shifts to Cash, Short US Equities, and Put Spreads
On the close. Raised cash in Beta by 10% of AUM trimming commodities, gold, and US and ROW Equities. Up to 30% Cash. In Alpha went max short US Equities. Two and Six Month Put Spreads totaling 4%...
AllianceBernstein AUM Falls to $839B as Outflows Outpace Inflows in March
AllianceBernstein announced that assets under management slipped to $839 billion at the end of March, a $41 billion decline from the prior month. The drop reflects $7.2 billion of net outflows, largely from retail and institutional channels, even as private‑wealth clients added modest...
David Einhorn Signals Caution as His Hedge Fund Greenlight Prioritizes Capital Protection
David Einhorn told investors Greenlight is putting capital protection ahead of market optimism, even as the S&P 500 rallied to 6,966.75. The hedge fund delivered a 6.5% return in Q1, outpacing the index’s 4.4% decline, while keeping gross and net exposure...
Pershing Square Files $2.8 Bn Dual‑Listing IPO, Aiming for $10 Bn Capital
Bill Ackman's Pershing Square Capital Management has filed for a dual‑listing initial public offering that has already attracted $2.8 bn of investor commitments. The IPO will list both Pershing Square Inc. (PS) and Pershing Square USA (PSUS) at $50 per share,...
EU Agencies Push Cat Pool Backed by ILS
European regulators, led by the European Commission and EIOPA, are advancing a new catastrophe‑reinsurance pool that will be financed with insurance‑linked securities. The pool is slated to be underpinned by a €500 million (≈ $540 million) ILS tranche, providing fresh capital for natural‑disaster...
Funds Limit Losses in March Mayhem
In March 2026, heightened market volatility triggered sharp equity declines, but active fund managers successfully limited losses through disciplined risk‑management tactics. Average drawdowns among large‑cap equity funds fell to 1.8%, well below the 4.5% benchmark loss recorded by passive indices....
Do You Believe in the Long-Term Growth Potential of Marsh & McLennan Companies (MRSH)?
Oakmark Fund’s Q1 2026 letter announced a new position in Marsh & McLennan Companies (MRSH), a $84 billion‑market‑cap insurance broker. The fund outperformed the S&P 500, posting a –2.47% return versus the index’s –4.33% for the quarter. Marsh’s stock closed at $173.55, up 0.94%...
Oakmark Fund Picks Roper Technologies (ROP) on Varied Growth Drivers
Oakmark Fund’s Q1 2026 letter highlighted a new position in Roper Technologies (NASDAQ:ROP), a diversified vertical‑software and technology‑enabled products company. The fund outperformed the S&P 500, returning –2.47% versus the index’s –4.33% for the quarter. Oakmark praised Roper’s strong margins,...
Oakmark Fund Picks Roper Technologies (ROP) on Varied Growth Drivers
Oakmark Funds’ Q1 2026 investor letter highlighted Roper Technologies (ROP) as a core pick, noting its diversified vertical‑software portfolio and strong cash generation. The Oakmark Fund outperformed the S&P 500, returning –2.47% versus the index’s –4.33% for the quarter. Roper’s stock closed...
Accenture (ACN) Is Trading at a Low Valuation Multiple Despite Strong Fundamentals
Oakmark Funds’ Q1 2026 letter spotlights Accenture (NYSE:ACN), noting its $117.75 billion market cap and FY2026 revenue of $18.7 billion, up 5% in local currency and 6% in USD. The stock closed at $191.95, down 33.8% over the past year, and now trades...
Accenture (ACN) Is Trading at a Low Valuation Multiple Despite Strong Fundamentals
Oakmark Fund’s Q1 2026 letter highlighted Accenture (NYSE:ACN) as a high‑quality, large‑cap tech services play that is trading at its lowest price‑to‑earnings multiple since 2015. The company posted $18.7 billion in revenue for the quarter, up 6% in USD, and its market...
Strategic Mix Led Oakmark Fund’s Sysco Corporation (SYY) Addition
Oakmark Fund’s Q1 2026 investor letter announced a new holding in Sysco Corporation, a leading food‑service distributor. The fund outperformed the S&P 500, posting a –2.47% return versus the index’s –4.33% for the quarter. Sysco closed the month at $73.36 per share,...
Is Synchrony Financial (SYF) an Underappreciated Stock?
Oakmark Fund’s Q1 2026 letter highlighted Synchrony Financial (SYF) as an undervalued large‑cap play. The consumer‑finance firm closed at $68.02 on April 13, delivering a 13.3% one‑month gain and a 55.3% rise over the past year. SYF’s market cap stands at roughly...
What Gives Netflix (NFLX) a Valuable Moat?
Oakmark Fund’s Q1 2026 letter added Netflix as a new holding, citing its 325 million subscriber base and $45 billion in revenue as a durable moat. The fund outperformed the S&P 500, returning –2.47% versus the index’s –4.33%, and highlighted Netflix’s stock at...
Salesforce (CRM) Traded Lower Due to Market Fears Over AI Disruption
Oakmark Fund’s Q1 2026 letter flagged Salesforce (CRM) as its top detractor, with the stock sliding 11.5% in the past month and down 32.2% over the last year. Despite the price weakness, the cloud‑software giant posted solid quarterly results, improving margins...
Blackstone Upgraded to Outperform as Shares Rise on Valuation Reset
Oppenheimer upgraded Blackstone Inc. (BX) to Outperform from Perform, noting that a recent sell‑off has created a more attractive valuation. The rating change lifted Blackstone’s stock 1.5% in early Monday trading, underscoring renewed confidence in the firm’s operating performance and...
Centurion Wealth Sells $5.3 M of Global X Data Center ETF, Shrinking DTCR Stake to 0.4%
Centurion Wealth Management LLC disclosed an April 10 SEC filing showing it sold 216,719 shares of Global X’s Data Center & Digital Infrastructure ETF (DTCR) for an estimated $5.3 million. The divestiture reduced the fund’s DTCR exposure from 1.4% to 0.4%...
From Zero Rates to Volatility: Excalibur at 25
Excalibur Fixed Income, Sweden’s second‑longest‑running hedge fund, marks its 25‑year anniversary. In 2025 the strategy posted an 11.1% return, nearly double its 5‑6% target and its strongest performance since 2009. The outperformance reflects the return of higher interest rates and...
Hedge Funds Bet Heavily on Oversupplied Grains
Hedge Funds Are Long on Oversupplied Grains Hedge funds are at their most net long in about three years despite an oversupplied grain bear market after the Iran-war bounce. My graphic highlights the potential oxymoron: managed-money net longs in corn, soybeans...
March Sees Mixed Fund Performance, Many Losses
More evidence of a tough March: --Moore Offshoot JJJ: lost 11% --Guo Feng’s Symmetry lost 2.6% --Greg Coffey’s Kirkoswald joined Rokos: + 0.23%, bringing returns for the first quarter to 11%,. Others: -Blackrock STA: +1.2%/+4.2% and D1 Stock Book: -6%/+2.7 (March/YTD) https://t.co/X8Ifaxd1Yi
April 14 Tactical Update: New Portfolio Tweaks Unveiled
(PREMIUM) "Tactical Update: April 14, 2026 - All The Trimmings..." Tuesday A.M. portfolio tweaks... via The Lyons Share https://t.co/imbOEcrTTV https://t.co/cMdMjNVjrm