SMA Capital Drives Protean Select to Lower Capacity Limit
Protean Select, the long/short equity hedge fund launched in 2022, is cutting its capacity limit from SEK 2 billion (≈$220 million) to SEK 1 billion (≈$110 million) as assets near the new cap. The fund now manages roughly SEK 970 million (≈$107 million) and has halted new subscriptions while keeping redemptions open. The move follows strong inflows via separately managed account (SMA) mandates, which share the same investment universe and effectively reduce overall capacity. Protean Funds’ total AUM across three strategies has just topped $700 million, underscoring its growth despite the tighter limit.
The “Second-Tier” Multi-Manager Surge: Hedge Fund Capital Flows Find a New Frontier:
The hedge fund industry is witnessing a shift as flagship multi‑manager platforms such as Citadel and Millennium hit capacity limits and begin returning capital. Institutional investors are redirecting sizable inflows toward “second‑tier” multi‑manager firms like Balyasny, Schonfeld and ExodusPoint, which...
David Abrams Portfolio Analysis: Key Positions, Concentration & Value Strategy
Abrams Capital Management reported a $5.67 billion equity portfolio that remains extremely concentrated, with the top ten holdings accounting for roughly 99% of assets. The fund’s core positions are dominated by Loar Holdings, Lithia Motors, and other automotive‑related companies, while modest...
Hedge Fund and Insider Trading News: Paul Singer, Seth Klarman, Crispin Odey, Bill Ackman, Ray Dalio, Millennium Management, Saba Capital...
Prominent hedge fund figures disclosed divergent strategies as Paul Singer dismissed the notion of a talent war, citing a robust market and higher fees. Meanwhile, billionaire investor Seth Klarman redirected $600 million into three new positions while shedding a large Alphabet...
Adecco Group Taps Salesforce, Inc. (CRM) for Agentforce Following Nvidia Pact
Adecco Group signed a multi‑year agreement with Salesforce to obtain unlimited global access to the Agentforce 360 platform, a suite that powers agentic AI across enterprise workflows. The deal enables Adecco to accelerate AI‑driven service delivery, boosting speed, quality and reliability...
Gitlab Inc. (GTLB) Enhances Agentic AI Access at Low Cost with GitLab 18.10
GitLab unveiled version 18.10, introducing the GitLab Duo Agent platform that lets customers tap into agentic AI capabilities at a low cost, even on the free tier through a monthly GitLab Credits commitment. The new model gives development teams visibility...
BTIG Cuts Nexxen International Ltd. (NEXN) Price Target But Asserts Buy Stance
BTIG reaffirmed a Buy rating on Nexxen International Ltd. but lowered its price target to $9 from $10. The ad‑tech firm posted Q4 FY2025 revenue of $101 million, slightly beating estimates, and forecast ex‑TAC revenue of $375‑$390 million, indicating about 8% YoY...
Atlas Global Macro Builds on Comeback with New Danish Feeder
Atlas Global Macro, last year’s top‑performing Nordic hedge fund, has launched a Danish feeder on the Fundmarket platform to channel new capital into its Luxembourg‑domiciled Fund 2. Fund 2 mirrors the original macro strategy but strips out legacy Russian holdings...
Svelland Appoints Head of Quant Research From Shell
Svelland Capital has appointed Laurent Hoffmann, formerly head of quantitative research at Shell, as its new Head of Quantitative Research. Hoffmann brings experience across power, gas, carbon markets and crude oil derivatives, complementing Svelland’s commodity‑focused, long/short strategy. The Oslo‑London fund,...
BlackRock’s Rick Rieder Launches “TriaXial” Hedge FundA HedgeCo.Net Special Report:
BlackRock’s senior fixed‑income veteran Rick Rieder is raising capital for TriaXial, a new hedge‑fund‑style vehicle focused on low‑correlation, opportunistic credit opportunities. Backed by BlackRock’s roughly $3 trillion fixed‑income platform, the fund aims to exploit dispersion, rate‑curve shifts, and cross‑market arbitrage in...
Millennium Doubles Down in High-Profile Talent War: Talent as Infrastructure:
Millennium Management has hired Erdit Hoxha, Goldman Sachs' co‑head of global equities, to join its Office of the CIO. The move underscores Millennium's strategy of building talent density at scale, treating top investment professionals as core infrastructure. It reflects a...
Danske Pauses Tactical Risk-Taking as All Eyes Turn to Oil and War
Danske Bank Asset Management has placed its Global Tactical Allocation strategy on hold, moving to a neutral stance across all tactical risk exposures due to heightened uncertainty from the Middle East war. Head of Macro and TAA Bo Bejstrup Christensen...
The Collapse of Indra–EM&E Deal Tests Dan Loeb’s Playbook: Third Point’s Merger Setback:
Third Point’s high‑conviction merger‑arbitrage bet on the Indra Sistemas‑EM&E defense tie‑up collapsed, wiping out the fund’s European position. The breakup was driven by political push‑back, valuation disputes and integration complexity, sending both Spanish defense stocks lower. The failure has forced Dan...
Former Pareto Trader Launches Hedge Fund From Trondheim
Jonas Kvalheim Klock, a former Pareto Securities trader, has founded Nidaros Equity Fund in Trondheim, launching in October 2025 with approximately $5.4 million in assets under management. The one‑person hedge fund employs a bottom‑up, high‑conviction long/short equity strategy focused on Nordic,...
Chris Hohn Portfolio Analysis: Core Holdings, Concentration & Strategy
TCI Fund Management, led by activist investor Chris Hohn, reported a $53.6 billion equity portfolio that is almost entirely concentrated in its top ten holdings. The fund’s core positions include General Electric, Visa, Microsoft, Moody’s and S&P Global, reflecting a bias...
Ridge Capital’s Mantra: “Never Lose Money”
Ridge Capital Northern Yield, launched in January 2023, has posted an annualized 14% return, buoyed by two near‑25% years before a softer 2025 amid tighter spreads. Lead manager Christoffer Malmström leveraged his distressed‑credit background to navigate default events, extracting value...
Symmetry Builds Out Team with Two Analyst Additions
Symmetry Invest, the Aalborg‑based boutique asset manager, announced the hiring of two new investment analysts—Thomas Richard from Paris and Joseph Isaac Rein‑Saunders from Berlin. Richard joins after co‑managing European small‑ and micro‑cap funds, while Rein‑Saunders brings academic research and freelance...
Tom Hayes – Fox Business – Varney & Co – Appearance – 3/19/26
Thomas Hayes, chairman of Great Hill Capital, appeared on Fox Business on March 19, 2026 to discuss the U.S. two‑year Treasury yield climbing to 3.816%, up 4.6 basis points, and Fed Chair Jerome Powell’s remark that stagflation is a “1970s...
Mandatum’s CTA Wins UCITS Hedge Award
Mandatum Managed Futures Fund was named Best Performing CTA Trend Following fund under $150 million for 2025 at the UCITS Hedge Awards, also topping two‑ and three‑year horizons. The systematic fund posted an 8.2% return in 2025, with 11.0% annualized over...
The “Great De-Risking” — BofA Global Fund Manager Survey:
The Bank of America Global Fund Manager Survey shows institutional investors shifting sharply toward cash, with allocations climbing to 4.3%—the highest level since the pandemic. This “Great De‑Risking” reflects waning confidence in AI‑centric, high‑beta themes as valuation concerns and macro...
The Evolution of Point72: From Family Office to Institutional Powerhouse:
Point72, led by Steve Cohen, is executing a rapid expansion that now includes roughly 190 semi‑autonomous trading pods and new verticals in private credit and venture capital. The firm is transitioning from a traditional hedge fund into a fully integrated...
Bridgewater: Dalio’s Principles to Algorithmic Intelligence…The Road to $5 Billion:
Bridgewater Associates’ AI‑focused AIA Labs has topped $5 billion in assets under management, marking a watershed moment for the firm’s post‑Dalio evolution. The platform blends the firm’s historic macro‑principles with machine‑learning models that ingest market, economic and alternative data. Institutional capital...
Lee Ainslie Portfolio Analysis: Key Positions, AI Bets & Maverick Capital Strategy
Maverick Capital, led by Lee Ainslie, disclosed a roughly $9.3 billion equity portfolio that remains moderately diversified, with the top ten holdings accounting for about 44% of assets. The fund’s long/short, research‑driven approach continues to favor high‑quality mega‑cap technology platforms alongside...
Where Is Money Flowing Today?
The latest Finviz heatmap shows capital gravitating toward technology and consumer discretionary stocks, while energy and utilities lag behind. Sector performance is uneven, with tech leading double‑digit gains and financials posting modest upside. Overall market breadth is narrowing, indicating that...
Hafnium Caps One-Year Mark with Strongest Month Yet
Hafnium Investment Fund posted its strongest month on record in February, delivering a 5.7% gain—the best monthly performance since its Q1 2025 launch. The fund completed its first twelve‑month track record with a cumulative 9.2% return and an annualized volatility of...
Goldman Sachs Says Hedge Funds Aggressively Shorting Financial Stocks:
Goldman Sachs' prime brokerage report shows hedge funds are aggressively shorting financial stocks, making the sector the most shorted in hedge fund portfolios this year. Global funds have net sold banks, insurers and fintech firms at the fastest pace observed...
Top Superinvestors Are Buying Rocket Companies, Inc. (RKT)
Rocket Companies (RKT) attracted substantial institutional buying in the latest 13F filings, with hedge funds and asset managers adding over $1 billion in new stakes. Dan Loeb's Third Point, Point72, and Leon Cooperman led the surge, signaling confidence in a mortgage‑volume...
Apollo Global Management Sees Institutional Surge:
Apollo Global Management is attracting a fresh wave of institutional capital, highlighted by Aquatic Capital Management’s 8% increase in its stake this quarter. The firm has transformed from a distressed‑debt private‑equity shop into a diversified credit platform managing hundreds of...
Hedge Funds Pump $600 Million Into Microsoft:
Hedge funds Altimeter Capital and Chilton Investment have markedly increased their Microsoft holdings, with Altimeter expanding to over $601 million and Chilton boosting its stake by roughly 4%, making the stock its largest position at about 10% of assets under management....
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 334
Tom Hayes hosted Episode 334 of Hedge Fund Tips VideoCast, focusing on the recent "Clean Bill of Health" market sentiment report. The discussion highlighted a swing to positive investor sentiment in early 2025, with equity valuations nearing pre‑pandemic norms. Hayes...
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
SS&C Technologies reported that its GlobeOp Hedge Fund Performance Index posted a 0.59% gross return for February 2026. The accompanying Capital Movement Index rose 0.87% in March, marking a 12‑month high of 129.47 points. The index, which tracks assets administered...
Personality Meets the Public Market: Bill Ackman’s “Brand Equity” Pershing Square USA:
Bill Ackman’s Pershing Square USA is set to list on the NYSE with a $2.8 billion anchor book, marking a rare retail‑focused entry for an activist hedge fund. The vehicle is organized as a closed‑end fund that eliminates the traditional 2‑and‑20...
Unlocking the Vault: Apollo Global and the Rise of the UK Long-Term Asset Fund (LTAF):
The FCA‑approved Apollo Long‑Term Asset Fund (LTAF) opens UK defined‑contribution pensions to private credit, infrastructure and venture capital. By imposing 90‑ to 180‑day redemption windows, the fund avoids the liquidity mismatches that plagued earlier products. Apollo will channel pension capital...
Why David Einhorn Is Reducing Equity Exposure Despite Solid Returns
Greenlight Capital’s Solasglas fund posted a 7.9% fourth‑quarter gain and a 9.8% year‑to‑date return in 2026, outpacing the S&P 500’s modest rise. Despite solid performance, David Einhorn trimmed net equity exposure to about 29% in February, down from roughly 40%...
Beyond Shipping: Gersemi Develops Crypto Strategy
Gersemi Asset Management, originally founded to launch a shipping‑focused fund, is preparing to roll out a crypto‑focused strategy. The new approach relies on a proprietary algorithm that seeks returns in both rising and falling cryptocurrency markets. Back‑tested results indicate low...
Top Superinvestors Are Buying ServiceNow, Inc. (NOW)
Top institutional investors dramatically increased their stakes in ServiceNow (NOW) during the latest 13F filing period, adding roughly $2.5 billion in new equity. The purchases were led by Ken Fisher’s Fisher Asset Management, which added over 6.6 million shares, followed by sizable...
CEDARWOOD WEALTH LLC - Filing for Period Ending 12/31/2025
Cedarwood Wealth LLC, a registered investment advisory firm based in Highlands Ranch, reported $133.8 million in discretionary assets under management for the period ending December 31, 2025, serving 91 clients. Its Q4 2025 13F filing disclosed $89.7 million in managed securities, with the top‑10 holdings...
Where Is Money Flowing Today?
The latest Finviz heat‑map shows money gravitating toward energy and dividend‑heavy defensive sectors, while technology and consumer discretionary stocks lag. Energy stocks posted double‑digit gains, pulling the broader market higher. Financials have steadied after recent turbulence, and overall market breadth...
The Gating of Blue Owl: Reviving the “Bear Stearns” Specter in Private Markets:
Blue Owl Capital has imposed an indefinite gate on its flagship retail‑focused alternative investment vehicle, halting all investor withdrawals. The move, driven by a wave of redemption requests that threatened a liquidity mismatch, mirrors concerns from the 2008 Bear Stearns...
REHMANN CAPITAL ADVISORY GROUP - Filing for Period Ending 12/31/2025
Rehmann Capital Advisory Group, based in Lansing, manages $3.18 billion in discretionary assets for 2,803 clients, bringing total regulatory assets to $4.27 billion as of January 1 2025. Its Q4 2025 13F filing disclosed $1.92 billion in managed securities, with a top‑ten holdings concentration of 35.82 %....
Colosseum’s Rollercoaster Start Gives Way to Strong Rebound
Colosseum Global Alpha, a long/short equity fund launched last summer, posted a volatile start to 2026, losing 14% in January. The fund rebounded sharply, gaining 13.3% in February and adding another 4.5% through early March, returning to positive YTD performance....
Nordic CTAs Thrive in February’s Volatile Macro Landscape
February was a strong month for Nordic CTA managers, making CTAs the top‑performing sub‑strategy in the Nordic Hedge Index. Gains were anchored by fixed‑income and soft‑commodity profits, with all trend‑following managers posting positive returns. Several non‑trend managers also delivered gains,...
Bretton Fund Exited Revvity (RVTY) in 2025
Bretton Capital Management’s Bretton Fund posted an 11.58% return for 2025, lagging the S&P 500’s 17.88% gain. In its Q4 2025 investor letter the fund disclosed a complete exit from Revvity (RVTY), citing disappointing post‑COVID acquisitions and a slowdown in...
The Macro Pivot: Anthony Scaramucci and the New Frontier of Alternative Investments in 2026
Anthony Scaramucci’s SkyBridge Capital is leading a “Macro Pivot” as the firm shifts heavy allocation toward macro trading amid heightened inflation, interest‑rate hikes, and geopolitical tension. The move follows a broader industry resurgence of macro strategies that now outperform traditional...
Hedge Funds Reposition Around AI and Tech Volatility:
Hedge funds are actively repositioning their portfolios to capture the AI‑driven technology cycle, moving beyond concentrated bets on mega‑cap names toward a broader exposure across the AI supply chain. Managers are blending long‑short equity, quantitative models, and macro overlays to...
Where Is Money Flowing Today?
The latest Finviz heat‑map shows money flowing primarily into technology stocks, which dominate the green‑shaded areas, while energy and utilities remain mixed or red. Mid‑cap and small‑cap names are experiencing notable speculative inflows, contrasting with lagging performance in financials. Overall...
S HARRIS FINANCIAL GROUP, LLC - Filing for Period Ending 12/31/2025
S Harris Financial Group (SHFG), a San Antonio‑based advisory firm managing $348.6 million for 240 clients, filed its Q4 2025 13F showing $104.4 million in disclosed securities. The portfolio is heavily weighted toward fixed‑income ETFs, with Fidelity Total Bond ETF (FBND) representing 12.5%...
Core, Satellite, and Structural Premiums: PensionDanmark’s Approach to Emerging Market Debt
PensionDanmark has shifted the bulk of its emerging market debt portfolio from external managers to an internal team, now overseeing most hard‑currency and local‑currency sovereign exposure. The fund employs a core‑satellite framework, using the internal core for broad beta and...
Global Geopolitical Tensions Drive Capital Into Safe Havens:
Geopolitical tensions in 2026 have re‑emerged as a primary driver of global capital flows, prompting investors to seek defensive positions. Tens of billions of dollars have moved into money‑market funds, while traditional safe havens such as U.S. Treasuries, gold, and...
Major Pension Funds Accelerate Allocations to Alternative Investments
Pension funds worldwide are rapidly expanding allocations to alternative assets, with global pension assets exceeding $60 trillion. The Teachers’ Retirement System of Illinois alone approved nearly $1 billion for hedge funds and private‑market strategies, reflecting a broader move toward private equity, private...