Today's Hedge Funds Pulse
Paul Tudor Jones places $8 bn volatility bet on U.S. small‑cap stocks
Hedge fund legend Paul Tudor Jones has filed an options position worth $8 billion linked to the iShares Russell 2000 ETF. The structure combines roughly $5.1 billion of puts and $3 billion of calls, creating a volatility‑focused straddle that signals expectations of large price swings in small‑cap equities rather than a directional bet.
Ackman's $64 Billion Universal Bet Hinges on Power Broker Bollore
Bill Ackman's $64 billion unsolicited bid for Universal Music Group hinges on French billionaire Vincent Bolloré, who controls just under 32% of the label through direct shares and Vivendi holdings. Bolloré’s consent is essential; without it the transaction cannot close. His group’s net cash position of about $6.55 billion and a history of protecting European listings suggest he may reject a cash‑or‑stock offer that undervalues the business. Analysts doubt the proposal’s price and expect strong resistance from Bolloré’s camp.
Michael Burry Says He's Still Betting Against Palantir After Trump Post Boosts Stock
Michael Burry remains committed to his bearish position on Palantir Technologies, holding long‑dated put options that expire in 2026 and 2027. Despite a recent Truth Social endorsement from former President Donald Trump that sparked a short‑term rally, Palantir’s shares are...
From $7B Manager to Founder of Europe’s Top Hedge Fund
He managed $7B and mentored a wunderkind. Then he founded one of the Europe's top-performing hedge funds.
Burry Abandoning His Big Short Would Change Everything
Imagine if @michaeljburry gave up on his big short thesis on the first short squeeze. https://t.co/PmWJhvZ8Ss
Miami Hedge Funds Lose 20 Investment Professionals in 2026 as Talent Shift Persists
Regulatory filings show Miami’s eight biggest multistrategy hedge funds trimmed 20 investment professionals in 2026, even as the sector’s total investing headcount grew 11%. The decline underscores a growing talent‑migration hurdle for the city that has marketed itself as a...
Quants, Commodities and Long Vol Outperformed Amid Macro Reversal
This week: March showed how fast macro can turn. Crowded trades unraveled, discretionary funds were hit and the winners came from a very different mix: quants, commodities and long vol https://t.co/mab8WrSfpa via @LinkedIn
Bullish Outlook: Positioning vs Seven-Day S&P Rally
When I ask others for the bull case from here in stocks, by far the most common answer is positioning and CTA buying. I have trouble squaring that idea with the fact that the S&P 500 is up 7 days in...
Douglas Lane & Associates LLC Sells 5,449 Shares of UnitedHealth Group Incorporated $UNH
Douglas Lane & Associates LLC trimmed its UnitedHealth Group (UNH) holding by 7.4% in Q4, selling 5,449 shares and leaving a stake of 68,625 shares worth roughly $22.65 million. The move follows a wave of institutional activity, with Carnegie Investment Counsel...
Flagship Capital Management Inc. Purchases Shares of 13,494 Taiwan Semiconductor Manufacturing Company Ltd. $TSM
Flagship Capital Management disclosed a new position in Taiwan Semiconductor Manufacturing Company (TSMC), purchasing 13,494 shares valued at roughly $4.1 million. The holding represents about 2.9% of Flagship’s portfolio, making TSM its 12th largest position. The purchase comes as several other...
Franklin Templeton Expands Hedge‑fund Platform to $280 Bn, Targeting 16% of Assets
Franklin Templeton reported $280 bn in alternative assets, about 16% of its $1.68 tn total, after a $17 bn net inflow in Q1 2026 and a string of acquisitions. The move, anchored by K2 Advisors, signals a strategic shift toward a large, integrated hedge‑fund...
Red Spruce Capital Puts $7.4 Million Into Invesco BulletShares 2027 and 2029 Corporate Bond ETFs
Red Spruce Capital, LLC disclosed a $4.03 million purchase of the Invesco BulletShares 2027 Corporate Bond ETF and a $3.35 million purchase of the 2029 ETF, bringing its combined stake in the two funds to roughly $7.4 million. The moves raise Red Spruce’s...
Surge in Rates Triggers Worst Month for Brazilian Hedge Funds Since 2020
Brazilian hedge funds posted their worst month since 2020, falling 3.4% in March as global rate hikes and soaring oil prices erased macro bets. The decline outpaced the 1.2% rise in the CDI benchmark, highlighting underperformance versus cash. Major managers...
TRUST COMPANY OF TENNESSEE - Filing for Period Ending 03/31/2026
Trust Company of Tennessee reported a $540 million portfolio in its Q1 2026 13F filing, up from $500 million a quarter earlier. The fund’s holdings are fully concentrated in its top ten ETFs, with Invesco’s S&P 500 Equal Weight ETF (RSP) representing 35.43% of...
Point72 Joins $400M Bet on RISC-V Architecture:
Point72's venture arm, Point72 Turion, has joined NVIDIA and Apollo Global Management in a $400 million Series G financing of SiFive, the leading RISC‑V processor developer. The round underscores a growing hedge‑fund focus on "agentic AI" infrastructure—hardware designed for autonomous, decision‑making AI...
How to Hedge Against a War
ManGroup proposes a dedicated WarHedge portfolio that seeks to profit from geopolitical conflict while dampening overall market risk. Over an 8,000‑day back‑test the strategy generated a 7.8% compound annual growth rate with only 5.4% volatility, compared with a 9.1% return...
Bill Ackman Tries to Make Music and Money Mix with €55bn Universal Bid
Activist investor Bill Ackman is spearheading a €55 billion (≈$59 billion) takeover bid for Universal Music Group, the world’s largest recorded‑music company. The consortium, backed by private‑equity firms and sovereign wealth funds, argues the deal will unlock value by pairing Universal’s catalog...
CTAs Set to Flip $34B Into S&P This Week
"CTAs are currently short $30b S&P 500. Our model suggests that at current market levels CTAs will buy $34b of S&P 500 over the next week (closing out shorts and flipping long)." After yesterday’s move higher in the S&P...
Tom Steyer Labels Farallon’s $90 Million ICE‑Center Bet a Mistake Amid Ongoing Hedge Fund Exposure
Tom Steyer, co‑founder of Farallon Capital, said the hedge fund’s $90 million investment in CoreCivic’s ICE detention center was a mistake. The admission comes as Farallon continues to play a major role in a $3.4 billion private‑credit facility for India’s Shapoorji Pallonji...
Broadcom Inc. $AVGO Stock Holdings Lessened by Cypress Funds LLC
Cypress Funds LLC trimmed its Broadcom position by 20.1%, selling 29,088 shares and leaving a $40 million stake of 115,766 shares. In contrast, investors such as Brighton Jones and Revolve Wealth increased their holdings, adding roughly 22% and 10% respectively. Broadcom...
Financial Planning Navigators CORP Invests $613,000 in Alphabet Inc. $GOOG
Financial Planning Navigators Corp disclosed a new $613,000 stake in Alphabet Inc., purchasing 1,952 shares in the fourth quarter. The filing coincides with several other hedge funds increasing their GOOG positions, keeping institutional ownership at roughly 27% of the company....
Amazon.com, Inc. $AMZN Shares Acquired by Brookstone Capital Management
Brookstone Capital Management boosted its Amazon stake by 5.6% in Q4, adding 27,352 shares to own 512,305 shares valued at roughly $118.3 million. The holding now represents about 1.4% of Brookstone’s portfolio, making Amazon its ninth‑largest position. Institutional ownership of Amazon...
CCLA Investment Management Trims Stock Holdings in Deere & Company $DE
CCLA Investment Management reduced its Deere & Company position by 1.4% in the fourth quarter, now holding 205,327 shares valued at roughly $95.6 million, or 0.08% of the stock. The adjustment occurs alongside activity from other institutional investors and a series...
Hedge Funds Grow Miami Footprint Even as Portfolio Manager Count Drops
Eight leading hedge funds expanded their Miami operations in 2026, yet the combined headcount of portfolio managers fell by 20. The paradox highlights a geographic shift that is attracting capital but struggling to retain senior investment talent.
Bill Ackman in Talks to Launch Fund in Bid to Pounce on Investor Complacency
Bill Ackman is negotiating to launch a new hedge‑fund vehicle that will replicate the “asymmetric” bets that generated a $2.6 billion windfall during the pandemic. The proposed fund would focus on short‑selling prevailing market narratives rather than using Pershing Square’s main...
Mark Cooper on Global Small Cap Value, AI and Managing Small Cap Long/Short at MAC Alpha | S08 E13
Mark Cooper joins The Acquirers After Hours podcast to discuss his approach to global small‑cap value investing, the role of artificial intelligence in stock selection, and the mechanics of managing a small‑cap long/short portfolio at MAC Alpha. He outlines how...
Ackman’s $64 Billion Activist Play:
Bill Ackman’s Pershing Square is reportedly orchestrating a $64 billion activist‑driven restructuring of a major entertainment conglomerate, potentially the largest such play in modern markets. Unlike his traditional short‑term governance pushes, the plan focuses on long‑duration value reconstruction, echoing Warren Buffett’s...
Hedge Funds Hit by “Heaviest Drawdown” In 4 Years:
April 2026 saw hedge funds endure their steepest monthly drawdown since 2022, with an average loss of about 7.8% across the industry. The decline was driven by a perfect storm of heightened geopolitical tensions, multi‑year high currency volatility, and persistent...
Massive XRP Hedge Fund Could Launch XRPL’s Largest DeFi Protocol
$350-400M XRP in hedge fund would make largest XRPL DeFi protocol if on-chain. Regulated securities offering replicates on-chain structure. Pseudo accounts, borrow-lend, liquidity pools coming via XLS amendments. Future yield products mirror current model.
Rokos Fund Gains 2.1% Monthly, 4.7% YTD
Several people asked for Rokos, so here it is: His hedge fund returned about 2.1% last month, taking the year’s advance to 4.7%. +Discovery: -4.1/+5.7 Full list: https://t.co/AJGsR9CjHg
Traders Bet on Gulf Desalination Firm as Iran War Winds Down
Portfolio Armor launched a bullish options position on a Gulf‑based desalination contractor, betting that post‑war reconstruction will drive the stock higher. The trade follows a broader market view that the Iran conflict could end within weeks, prompting parallel bearish bets...
Grid Trading Strategies: A Systematic Approach for Fund Managers
Grid trading builds a lattice of buy and sell orders at preset price intervals, letting positions profit from ordinary market oscillations without forecasting direction. The approach shines in sideways or range‑bound markets, where traditional trend‑following models often stall. Fund managers...
Where Is Money Flowing Today?
A Finviz‑sourced heat map released today visualizes where investors are allocating capital across U.S. equities. The graphic shows strong net inflows into large‑cap technology, especially AI‑focused chip makers, while energy stocks register notable outflows as oil prices dip. Financials benefit...
Pershing Square's UMG Takeover Bid Includes $879M for Artists
Pershing Square, led by Bill Ackman, has submitted an unsolicited $64.4 billion takeover bid for Universal Music Group. The proposal hinges on cashing out UMG's $3.1 billion Spotify stake, which would generate roughly $1.75 billion after taxes. Of that, $879 million is earmarked for...
Let Winners Run, Trim Losers: Long‑Term Position Sizing
Francois Rochon on position sizing and activity "We typically hold 20 to 25 positions and our average holding period is close to seven years. While we'll cut back on a position that gets over 10% , for the most part our...
Maybe CTA Alpha Is Simpler Than You Think: Evidence From the ETF Space
Andrew Beer examines whether the simplicity of CTA ETFs translates into superior alpha. Using Morningstar data, he compares equally weighted composites of US mutual funds, UCITS funds and CTA ETFs against the SG CTA index, the benchmark of the twenty...
Activist Investor Renews Its Criticism of Novavax
Hedge fund Shah Capital, which owns roughly a 9% stake in Novavax, has renewed its proxy campaign ahead of the company’s annual meeting. The fund will vote against the re‑election of the eight‑member board and against executive compensation, citing weak...
Lynx Marches Through March Mayhem
In March, heightened U.S.-Israel-Iran tensions sparked energy price spikes and market dislocations, yet Lynx Asset Management’s systematic funds posted solid gains. Lynx Systematic Macro delivered a 14.7% return, Lynx Constellation rose 7.2%, and the flagship Lynx trend‑following program added 2.4%....
Abu Dhabi’s ‘First Home-Grown Hedge Fund’ Targets Multi-Billion AuM in Three Years
Abu Dhabi‑based Dovehouse Capital, founded by Danish entrepreneurs Claus Gotthard and Martin Rasmussen, launched its first hedge fund this month, positioning itself as the emirate’s inaugural home‑grown manager. The firm has secured $80‑150 million in commitments from Emirati family offices and...
Steinhardt’s Gut Beats Analyst Hype on IBM
New Article John LeFrere, an analyst hired by Michael Steinhardt in the 1970s, recalls his first weeks on the job; he visited IBM and returned convinced that its profits were headed upward. LeFrere recommended buying IBM stock ahead of that Friday's...
Managed Futures Diversify Amid YTD Market Chaos
Carry and trend managed futures strategies hard at work diversifying against the chaos YTD. https://t.co/XvXlGj7r2y
SG Americas Securities LLC Makes New $1.38 Million Investment in H2O America $HTO
SG Americas Securities LLC disclosed a new $1.38 million purchase of 28,065 shares of H2O America (NASDAQ:HTO), taking its stake to roughly 0.08% of the utility’s outstanding equity. The filing shows a wave of institutional activity, with Assenagon Asset Management adding...
Macro Hedge Funds Worst Hit in March Amid Middle East Turmoil
Macro hedge funds recorded their steepest March decline since the pandemic, slipping roughly 5.5% as the Israel‑Iran escalation drove oil to $100 per barrel and spooked equity markets. The turmoil forced a rapid unwind of short positions in U.S. stocks,...
Military Spending Spurs Defense and Rare Earth Investment Boom
Regal Partners boss tips defence stocks, rare earths as military trillions fuel next investment super cycle https://t.co/6ahsU0eU1G
Druckenmiller Dumps SanDisk, Boosts Alphabet Bet Amid AI Surge
Stanley Druckenmiller sold his entire SanDisk position and more than tripled his stake in Alphabet during the fourth quarter. The move underscores a broader reallocation toward AI‑centric assets among top hedge fund managers.
Vanguard Launches Low‑cost U.S. Multifactor ETF that Mimics Hedge‑fund Tactics
Vanguard introduced the U.S. Multifactor ETF (VFMF), a actively managed fund that applies a quantitative, multi‑factor model to deliver hedge‑fund‑style returns while charging a 0.03% fee. With $535 million in assets, the product expands Vanguard’s active‑management lineup and gives retail investors...
The Music Business Has a Problem. Bill Ackman Just Pounced
Bill Ackman's Pershing Square Capital Management has submitted a $64 billion offer to acquire Universal Music Group, representing a 77% premium over the current share price. Ackman, who holds a 4.7% stake and previously served on UMG’s board, plans to relocate...
Macro Traders Face Biggest March Losses Amid War Hedge Squeeze
𝐌𝐚𝐜𝐫𝐨 𝐓𝐫𝐚𝐝𝐞𝐫𝐬 𝐒𝐥𝐮𝐦𝐩 𝐌𝐨𝐬𝐭 𝐢𝐧 𝐌𝐚𝐫𝐜𝐡 𝐚𝐬 𝐖𝐚𝐫 𝐒𝐪𝐮𝐞𝐞𝐳𝐞𝐬 𝐇𝐞𝐝𝐠𝐞 𝐅𝐮𝐧𝐝𝐬 *Haidar Jupiter: -12% *Brevan Howard Master: -6.6% for the worst monthly loss in its two-decade-plus history *Diego Megia’s Taula -8.6% https://t.co/Ye6CajOsZO https://t.co/fMkAfo9I9F
Universal Should Say No to Bill Ackman
Pershing Square, led by activist investor Bill Ackman, has tabled a $64 billion offer to acquire Universal Music Group, the world’s largest recorded‑music company. The proposal, announced in early April 2026, would merge two of the industry’s biggest catalog owners and...
Bill Ackman’s Pershing Square Bids to Buy Universal Music Group
Bill Ackman’s Pershing Square Capital Management has submitted a $64 billion offer to acquire Universal Music Group, representing a 78% premium over the current market price. The proposal would relocate UMG’s listing from Amsterdam to New York and reincorporate the company...
Universal Music Stock Rises After Pershing Square's $64 Billion Takeover Proposal
Pershing Square has lodged a €55.8 billion cash‑and‑stock offer for Universal Music Group, pricing shares at €30.4 each – a 78% premium to the recent close. The proposal combines €9.4 billion in cash with 0.77 new shares per existing share and calls...