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Billionaire David Tepper Dumps Nvidia, Slashes 'Magnificent 7' Holdings — But Bets Big On These 2 AI And Blockchain Plays
Thursday, June 26, 2025 - 4:40am | 810Billionaire David Tepper‘s hedge fund Appaloosa Management L.P. made significant changes to its portfolio in the first quarter of 2025 as it reduced its holding in the Jensen Huang-led tech giant Nvidia Corp. What Happened: The hedge fund made crucial changes in its holdings during the...
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Michael Saylor's Bitcoin Strategy Drives MicroStrategy's 490% Surge, Hedge Fund CIO Says It's An 'Extreme Example' Of Volatility Monetization
Wednesday, December 4, 2024 - 11:51pm | 440MicroStrategy Inc. (NASDAQ:MSTR) is attracting hedge fund interest through its convertible notes offerings, as co-founder Michael Saylor continues his aggressive Bitcoin (CRYPTO: BTC) purchase strategy that has driven the company’s stock up more than 490% this year, as of Wednesday. What...
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Blackrock In Early Talks To Take Equity Stake In Hedge Fund Giant Millennium: Report
Friday, November 8, 2024 - 1:52am | 472BlackRock Inc. (NYSE:BLK), the world’s largest asset manager, is reportedly in preliminary discussions to acquire an equity stake in Millennium Management, one of the leading hedge fund managers. What Happened: BlackRock is considering a strategic partnership with Millennium Management, the...
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Elliott Investment Secures Enough Shares To Call Special Meeting At Southwest Airlines Amid Leadership Dispute: Report
Tuesday, September 3, 2024 - 2:53am | 689Ahead of the scheduled meeting on Sept. 9, Elliott Investment Management has secured enough shares to call a special meeting at Southwest Airlines (NYSE:LUV). What Happened: Elliott Investment now holds 10% of Southwest Airlines’ common stock, enabling the hedge fund to call a special meeting...
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Amazon Emerges As Hedge Funds' Top Stock Choice In Q2, Surpassing Microsoft With 411 Holders
Wednesday, August 28, 2024 - 6:07am | 845Amazon.com Inc. (NASDAQ:AMZN) has emerged as the most popular stock among hedge funds by the end of the second quarter. What Happened: Amazon, the e-commerce and cloud computing giant, was held by 411 hedge funds at the end of June, marking a net increase of 13 investors from the previous quarter,...
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NSA Code Breaker Jim Simons' Hedge Fund Renaissance Technologies — Ozempic, Wegovy Maker Novo Nordisk Along With Nvidia, Palantir Among Top Holdings
Monday, August 19, 2024 - 10:25pm | 789Editor’s Note: The headline has been revised for clarity. Renaissance Technologies, the hedge fund founded by legendary mathematician and former National Security Agency code breaker Jim Simons, recently disclosed its latest stock holdings in a 13F filing with the U.S. Securities and Exchange...
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After Major Market Gains, 'It's Natural to Feel Uneasy,' Says Miami Hedge Fund Founder
Monday, February 12, 2024 - 11:14am | 689With approximately four years since the dramatic market decline triggered by the global pandemic, concerns are mounting about challenging times ahead, particularly amid uncertainties surrounding geopolitics and the economy. “It’s natural to feel uneasy after a big advance,”...
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Hedge Fund Manager Says Republicans Are Committing 'Political Suicide' Ahead Of 2024 Election... Here's Why
Wednesday, November 8, 2023 - 3:32pm | 427Kyle Bass is known for running Hayman Capital Management, a hedge fund he founded in 2005. Bass is also not afraid of sharing his political opinions on X, formerly known as Twitter, to his hundreds of thousands of followers. Bass tweeted that he believes Republicans are committing...
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Billionaire Hedge Funder Leon Cooperman Says Trump Belongs In Jail: 'Would Be Terrible For The Country' If He's Reelected
Tuesday, October 31, 2023 - 5:23pm | 552A famous hedge funder is speaking out with a warning to voters ahead of the 2024 election. Here's a look at what the billionaire is saying. What Happened: Billionaire Leon Cooperman is known for his takes on the stock market and as the chairman and CEO of hedge fund Omega Advisors. In a recent...
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CoinShares Launches Hedge Fund Division In The US, Targeting Institutional Investors
Friday, September 22, 2023 - 2:33pm | 446Crypto asset manager CoinShares announced on Friday its foray into the U.S. with the launch of CoinShares Hedge Fund Solutions. This move will extend the company's offerings to qualified U.S. investors, providing a diverse range of investment products tailored to the digital asset space....
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Republican Donor Ken Griffin Not Backing Ron DeSantis, Calls Battle With Disney 'Pointless'
Monday, September 18, 2023 - 2:56pm | 882One of the biggest donors to the Republican party is sitting out and not making large donations ahead of the primary race ahead of the 2024 presidential election. Here’s a look at why Ken Griffin isn’t impressed with alternates to Donald Trump for the GOP nomination. What Happened:...
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Ken Griffin Cautious About Economy: 'I'm A Bit Anxious We're Sort Of In The 7th Or 8th Inning Of This Rally'
Thursday, September 14, 2023 - 12:42pm | 727Hedge fund manager Ken Griffin is known for his takes on the economy and recent fears that a recession could happen. Here’s how Griffin saw things standing now and where they could go. Griffin on Economy: Griffin said he was anxious about the current stock market rally. Griffin, who...
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Well-Known Hedge Fund Manager Takes On Challenge Of Brewing Beer In Economically Devastated Lebanon
Monday, July 10, 2023 - 5:09am | 415Philippe Jabre, a well-known hedge fund manager, has taken an unexpected turn in his career by buying back his family business, Brasserie Almaza, a brewery established by his grandfather 90 years ago. Jabre, once a prominent figure in Europe’s hedge fund trading scene, is now the third-...
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Alameda Research Hunts For $700M After FTX's Celebrity And Politico Access Fiasco
Friday, June 23, 2023 - 11:00am | 528Alameda Research, the hedge fund division of the now-bankrupt FTX (CRYPTO: FTT) group, is in pursuit of reclaiming $700 million that its founder, Sam Bankman-Fried, allegedly spent to gain access to high-profile individuals including celebrities and politicians. According to court documents filed...
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What Are Digital Assets? Don't Ask The SEC! Definition Gets Scrapped From Final Rules
Thursday, May 4, 2023 - 3:46pm | 340The U.S. Securities and Exchange Commission (SEC) has chosen not to include its previously proposed definition of "digital assets" in the finalized hedge fund reporting rules. The agency is still considering the term and will not adopt it in the current rule, The Block reported. The SEC...