Today's Hedge Funds Pulse
Paul Tudor Jones places $8 bn volatility bet on U.S. small‑cap stocks
Billionaire hedge fund manager Paul Tudor Jones has filed an $8 bn options position linked to the iShares Russell 2000 ETF. The structure includes roughly $5.1 bn of puts and $3 bn of calls, forming a volatility‑focused straddle that signals expectations of large price swings in U.S. small‑cap equities rather than a directional bet.
Saba Capital Seizes Control of Edinburgh Worldwide Investment Trust After Third Board Bid
Activist hedge fund Saba Capital Management secured control of the Edinburgh Worldwide Investment Trust (LON:EWI) on April 30, winning three board seats after two failed attempts. The victory gives Saba its first UK trust foothold and signals a new wave of activist pressure on under‑performing closed‑ended funds.
Speculators Flood Commodities as Corn Stalls at $5 per Bushel
Large speculative funds are building record‑size grain positions while December corn barely nudged above $5 per bushel, a two‑year high. Analyst Ted Seifried says the influx reflects broader concerns over fertilizer shortages and geopolitics, but near‑term fundamentals remain mixed.
CTAs Pump $40 B Into Equities, Fuel Fifth Week of Market Gains
Commodity trading advisors added roughly $40 billion of equity exposure during the week ending May 1, 2026, pushing global equities to a fifth consecutive week of gains. Faster‑moving trend models led the rebuild in U.S. stocks while slower cohorts kept capacity...
Pershing Square IPO Rebounds, Ackman Cites Retail Allocation Focus
Pershing Square Inc. and its closed‑end fund Pershing Square USA clawed back above their IPO price after a turbulent debut on the NYSE. Bill Ackman said the initial slide stemmed from a retail‑heavy allocation that forced quick sales, not from...
Digital Ray AI Flags 15‑20% Market Correction, Backs Gold and Short Treasuries
Ray Dalio’s AI model, Digital Ray, warns that U.S. equities face a 15%‑20% correction within the next 12‑18 months. The tool advises hedge‑fund managers to tilt toward gold and short‑duration Treasury bonds as defensive positions.
WIN Advisors Puts $13 Million Into Harbor All‑Weather Commodity ETF
WIN Advisors, Inc. disclosed a new $13.13 million stake in the Harbor Commodity All‑Weather Strategy ETF (HGER), representing about 6.7% of its reported assets under management. The purchase, filed on May 1, 2026, signals a strategic shift toward inflation‑hedging commodities amid lingering...
Even Druckenmiller Doubts His Short‑selling Profits
Stanley Druckenmiller isn’t sure if he’s actually made money over his career short-selling. Showing that the bear side isn’t easy. https://t.co/kRlZIYKEZ1
Vincere Trading Relaunches After Audited Near‑50% Annual Growth Record
Vincere Trading announced its relaunch on May 3, 2026, highlighting an audited track record of nearly 50% average annual growth across its futures algorithms over six years. The company now targets individual investors with hedge‑fund‑style, rule‑based trading systems, positioning itself...
Legendary Investor Who Made an Estimated $100 Million on 1987 Crash Says Investors Could See 'Negative 10-Year Returns'
Paul Tudor Jones, who earned an estimated $100 million from the 1987 crash, warned that buying the S&P 500 at today’s valuations could generate negative 10‑year returns. He highlighted that U.S. market capitalization now stands at 252% of GDP, the highest ratio...
Hedge Fund Inflows Surge to $45 B as Large‑Cap Stocks Reach Record Highs
Hedge funds pulled in $45 billion of fresh capital this month, the biggest inflow in years, as the S&P 500 and Nasdaq 100 closed at all‑time highs. The surge reflects renewed risk appetite fueled by mega‑cap technology earnings, especially Apple’s upbeat...
Man Group Faces $6 Billion Redemption, Highlighting Institutional Capital Volatility
Man Group disclosed a $6 billion redemption from a single institutional client, the largest single outflow in recent hedge‑fund history. The withdrawal spotlights growing concentration risk as hedge funds lean heavily on a few large allocators, raising questions about liquidity management...
Steve Cohen Overhauls Point72 Leadership as Firm Reaches $50 Bn AUM
Point72 Asset Management announced a sweeping reorganization of its senior leadership, installing co‑CIO Harry Schwefel as president and moving to an executive‑committee model. Founder Steve Cohen will stay on as chairman and CEO while delegating day‑to‑day responsibilities, a change prompted...
VALINOR MANAGEMENT, L.P. - Filing for Period Ending 03/31/2026
Valinor Management, L.P., a Boca Raton‑based hedge fund, filed its Form 13F for the quarter ending March 31 2026. The filing, posted on WhaleWisdom, adds to a track record of 72 13F submissions, along with 16 13D, 50 13G, and 7 Form 4 reports....
Federated Hermes Posts Record $907B AUM in Q1, Boosted by Equity and Money‑Market Gains
Federated Hermes announced $907 billion in assets under management at the end of Q1, a record level fueled by equity and money‑market inflows. The firm also completed an $3.2 billion real‑estate acquisition and raised $780 million for its European Direct Lending III fund,...
Microsoft Corporation (MSFT): Billionaire Tom Steyer Is Buying This Stock
Billionaire activist Tom Steyer's hedge fund increased its Microsoft stake to 2.2 million shares in Q4 2025, a 15% rise from the prior quarter. Microsoft reported Q3 2026 earnings highlighting a $37 billion AI revenue run‑rate, up 123% year‑over‑year, and over 20 million paid Copilot...
Boston Scientific Corporation (BSX): Billionaire Tom Steyer Is Loading Up on This Stock
Boston Scientific (BSX) has attracted renewed attention from billionaire investors, with Farallon Capital boosting its holding to 7.4 million shares—a 56% rise from the prior quarter. The company showcased two breakthrough devices at Heart Rhythm 2026: FARAPULSE PFA, which outperforms antiarrhythmic drugs for...
Villere St Denis Dumps 134,000 Tidewater (TDW) Shares Worth $9.3 Million
Villere St Denis J & Co LLC sold 134,355 Tidewater (TDW) shares for roughly $9.34 million, cutting its holding to 292,866 shares valued at $24.47 million, or 2.7% of its 13F assets. The sale represents a 31% reduction of the position, yet...
Polen Capital Q1 Down
Polen Capital Focus Fund is down -17% in Q1 Buys: $LRCX, $META, $ROL Sold: $ABT, $ADBE, $BSX, $PAYC, $INTU Added to: $CSGP, $SHOP, $NOW Trimmed: $AMZN
Borrow Rates Reveal Alpha Across Shipping, Energy, Semis
OUT NOW - super quanty interview from ~5B manager on use of good analyst // tracking borrow rate for alpha, and what that indicates about shipping/energy/semis & countries / single stocks ELITE charts. Apple https://t.co/md3zbwfGS9 Spotify https://t.co/CEuLMJIZ6g 1/2 https://t.co/vYlvmVzmCV
Masters in Business: Lawrence Calcano (Podcast)
Lawrence Calcano, chairman and CEO of iCapital, joins Bloomberg’s Masters in Business podcast to discuss how the firm has become a leading global platform for alternative investments. He outlines iCapital’s rapid growth, its technology‑driven approach, and its expanding client base...
Ares Management Raises $30 Billion in Q1, Easing Private‑Credit Fears
Ares Management announced a record $30 billion of new capital in the first quarter, the largest fundraising haul for any private‑credit manager this year. The influx, driven by institutional investors, is seen as a vote of confidence that tempers recent negative...
Coatue Has a Plan to Buy up Land for Data Centers, Possibly for Anthropic
Coatue has launched Next Frontier, a venture to acquire land adjacent to large power sources for building AI‑focused data centers, a move that could directly support its stakes in Anthropic and other generative‑AI firms. The initiative already includes a joint...
Blue Owl Capital Posts Strong Q1 Results, Raises $3 B Amid Redemption Pressure
Blue Owl Capital posted solid first‑quarter earnings, expanding its assets under management to $315 billion while raising $3 billion from private‑wealth investors. The firm faced $170 million of net outflows from its credit evergreen vehicles, but executives say redemption pressure is headline‑driven, not...
From Tiger Cub Tech Bets to Largest Female‑Led Hedge Fund
She went from running a Tiger Cub’s tech bets to building the largest hedge fund ever run by a woman — here’s her story.
Rethinking Trend Following: Optimal Regime-Dependent Allocation
A new paper separates regime detection from position sizing, deriving Sharpe‑optimal weights for each market state. Applying the framework to two‑ and four‑regime specifications lifts out‑of‑sample Sharpe ratios from 0.208 to 0.506 and from 0.496 to 0.628, respectively, across 18...
Marks Reveals Hidden $10 Bill, Switches on AI
Howard Marks runs Oaktree, a $120 billion+ firm built on distressed debt, has been writing the memos Warren Buffett opens first for over thirty years, and just changed his mind on AI after a single conversation with Claude — we...
Paloma Partners Cuts Nearly Dozen Staff, Including CMO, After Firm‑Wide Revamp
Paloma Partners announced the departure of nearly a dozen employees, among them its chief marketing officer and chief strategy officer, following a firm‑wide revamp that reshaped its leadership, technology and operations. The hedge fund now manages roughly $1.1 bn and is...
Point72 Forms New Executive Committee as AUM Hits $50 Billion
Point72 Asset Management announced a new five‑member executive committee, headed by founder Steve Cohen, as the firm’s assets under management climbed to $50 billion. The reshuffle formalizes a leadership structure that has evolved alongside a near‑five‑fold AUM increase and a tripling...
Rokos Capital Moving Forward with UAE Expansion After Securing Abu Dhabi Licence
Rokos Capital Management, the $22 bn hedge fund founded by Chris Rokos, has received a full licence from the Abu Dhabi Global Market to open an office in the emirate’s Sky Tower. The London‑based firm will use the new base to...
Former Senior Bank Traders Exit Verition’s Credit Trading Team
The hedge‑fund landscape saw a flurry of activity this week. Verition’s credit trading team lost two former senior bank traders, while activist firm ADW floated a $3 billion takeover bid for Roark’s Driven Brands. Point72 reshuffled its leadership as it scales,...
Activist ADW Proposes $3bn Takeover of Roark’s Driven Brands
Activist investor ADW Capital has lodged an unsolicited cash offer to acquire Driven Brands Holdings for roughly $3 billion, proposing $18 per share—a 40% premium to recent trading levels. ADW, which owns about 3.7% of the company, aims to displace majority...
Steve Cohen Reorganises Point72 Leadership Structure as Firm Scales
Steve Cohen is reshaping Point72 Asset Management’s leadership by replacing the president role with an executive committee, while retaining his chairmanship and CEO duties. Co‑chief investment officer Harry Schwefel will become president, linking macro and quantitative teams. The new committee...
Man Group’s $6 Billion Redemption Signals New Era of Institutional Capital Volatility:
Man Group saw a $6.1bn redemption from a single institutional client, enough to offset its AUM growth despite overall industry inflows. The outflow underscores rising concentration risk as hedge funds rely on large institutional mandates. The event highlights the shift...
Saba Capital Secures Board Control of Edinburgh Worldwide Investment Trust, Ending Weinstein Feud
Activist hedge fund Saba Capital, headed by Boaz Weinstein, won a decisive board‑seat battle at Edinburgh Worldwide Investment Trust (EWIT), replacing the entire Baillie Gifford‑run board. The victory follows a months‑long feud over the fund’s SpaceX exposure and a shift...
Anaconda Invest Posts 39% Q1 Gain by Betting on Energy, Says Trump Irrelevant
Anaconda Invest SA, a boutique Swiss hedge fund, posted a 39% return in the first quarter of 2026 by maintaining long positions in oil while deliberately ignoring President Donald Trump’s public statements about a possible Iran cease‑fire. The performance outstripped...
Overweight PSH to Boost EPS via Fee Cuts
Macro: fee-conscious markets. Key: PSH cuts performance fees by offsetting 20% of PSUS manager fees after $5bn IPO. Risk: IPO closing/AUM growth. Insight: overweight PSH for fee-driven EPS lift.— Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
FX Options Traders Face Losses as US‑Iran Ceasefire Dampens Volatility
FX options traders are scaling back directional positions after the US‑Iran ceasefire, while some hedge funds turn to volatility‑selling structures. The shift follows a reversal of the dollar’s early‑April rally as oil prices fell and equities rose on ceasefire optimism.
Managed Futures Boosted Our Model Alpha This Year
Two words that have really added some alpha to our models this year Managed Futures
Short Equity Puts Halve in Value, Risk Further Loss
My max short equity puts which expire in June and September which I paid 4% of AUM are now worth 2% of AUM. This position alone is down 2% of AUM. Whatcha gonna do. 2% further loss...
Tesla, Inc. $TSLA Shares Sold by Bogart Wealth LLC
Bogart Wealth LLC slashed its Tesla position by 61.4% in Q4, selling 1,812 shares and retaining 1,141 shares worth roughly $513,000. The fund’s divestment adds to a broader pattern of institutional rebalancing, with several other investors either adding modest stakes...
Blue Owl Fundraising Splits: Institutions Rise, Private Wealth Falls
Look at the divergence in Blue Owl Fundraising $OWL: Institutional up, private wealth down https://t.co/xUIMrqM2Lw
Hedge Funds Attract Record $90B Inflows Since 2007
Hedge funds just recorded the biggest two-quarter inflows since **2007**, drawing around $90 billion. Assets in hfs are at a record now--HFR, JPM
Citadel CEO Ken Griffin Calls Mayor’s Tax Video a Personal Attack, Threatens $6 B Midtown Project
Citadel founder Ken Griffin labeled New York City Mayor Zohran Mamdani’s viral tax‑policy video a "personal attack" and warned the hedge fund could pull a $6 billion Midtown Manhattan development. The clash spotlights the growing political risk hedge funds face when...
Jain and the House of Millennium
Millennium has struck a strategic partnership with Jain Global, effectively bringing the boutique hedge fund under its fund‑of‑funds platform. The deal promises significant cost efficiencies, with a base‑case 25% reduction in Jain’s operating expenses and a potential drop in pass‑through...
Wayfair Inc. (W): Bares Capital Trims Position
Wayfair (NYSE:W) remains a long‑term holding for Bares Capital, but the fund has been steadily reducing its position. After peaking at roughly 5 million shares in early 2022, the hedge fund trimmed the stake to 672,000 shares in the third quarter...
Saba-Led Shareholders Officially Oust EWI Board in 'Rude Awakening' For Trust Sector
Activist hedge fund Saba Capital won its proxy fight to overhaul the board of Edinburgh Worldwide Investment (EWI) trust. Shareholders voted to remove the incumbent directors and install three independent directors nominated by Saba. The ouster, dubbed a “rude awakening,”...
Michael Burry Warns SpaceX IPO Could Force 401(k) Funds Into Low‑float Stock
Michael Burry, the hedge‑fund manager famed for betting against the 2008 housing market, warned that SpaceX’s confidential filing for what could be the largest IPO ever may be automatically added to the Nasdaq‑100 under a new “Fast Entry” rule. The...
Energy‑Transition Hedge Fund Gains 39% by Ignoring Trump
A hedge fund manager focused on navigating the energy transition has generated a 39% return so far this year, after adopting a policy of ignoring Trump’s signals on the Iran war https://t.co/R5kv2CsNBq
Pershing Square USA Falls 18% on NYSE Debut After $5 Billion IPO
Bill Ackman's Pershing Square USA Ltd. opened at $42 and closed at $40.90 on its NYSE debut, an 18% drop despite a $5 billion IPO that set a record for U.S. closed‑end funds. The sharp fall has reignited debate over the...
Paloma Partners Trims Nearly a Dozen Staff After $1.1 Bn Revamp
Paloma Partners announced the departure of almost a dozen employees, among them its chief strategy officer and chief marketing officer, following a firm‑wide revamp completed in the first quarter of 2026. The hedge fund, now overseeing about $1.1 bn, says the...