Hedge Funds

Billionaire investor Ray Dalio’s Bridgewater Associates is planning to accumulate funding for an Asia-excluding-China fund that caters to Chinese investors looking to diversify their holdings across the Asian economy. What Happened: Bridgewater’s Chinese arm is looking to raise funds...

The chief economic adviser to President Donald Trump, Stephen Miran, reportedly struggled to reassure major bond and hedge fund investors during a meeting last week. What Happened: Miran, who also heads the Council of Economic Advisers, met with representatives from top hedge funds and other...

Billionaire Dan S. Loeb, the founder of Third Point, exited his stake in Bath & Body Works, Inc. (NYSE:BBWI) in the fourth quarter of 2024. Details: As of the third quarter of 2024 filings, the investor had 11,785,000 shares in the company. Notably, Loeb has been cutting stakes in Bath...

The recent spotlight on DeepSeek’s owner, High-Flyer has renewed interest in quantitative hedge funds. These are pooled funds that employ sophisticated mathematical and statistical models to identify and exploit market inefficiencies. Unlike traditional hedge funds that rely on fundamental...

Editor’s note: This story has been updated to reflect that Bill Ackman’s social media post in support of Whitney Tilson’s candidacy for New York City mayor did not make a formal endorsement. Former hedge fund manager Whitney Tilson is running for mayor of New York City and he...

Billionaire investor and former hedge fund manager Stanley Druckenmiller, a confidant of George Soros, is well known for his top-down investment style and for paying close attention to macroeconomic factors. One of his recent wagers seemingly predicted the 2024 U.S. presidential election ahead of...

Mark Spitznagel, co-founder of Universa Investments, believes the stock market is in a "Goldilocks phase" following the Federal Reserve's rate cuts and China's stimulus measures. After a crash last month, the market surged to new highs, but Spitznagel warns this euphoria won't last in an interview...

Whether the Federal Reserve will implement a 25-basis-point reduction or a 50-basis-point cut, is top of mind ahead of Wednesday’s meeting. But there’s an "even bigger question" to answer, Thomas Hayes of Great Hill Capital tells Benzinga. What will Japan's central bank decide at its...

Activist fund Elliott Management has made several moves in 2024 including targeting coffee chain Starbucks Corporation (NASDAQ:SBUX), which recently announced a new CEO. A new 13F filing reveals three other key areas Elliott is increasing focus on. Match Group: Online dating company Match Group Inc...

In 2022, Netflix Inc's (NASDAQ:NFLX) stock traded down more than 65% amid growth concerns and an overall sell-off in the tech industry. During that dip, billionaire investor Bill Ackman purchased more than $1 billion worth of shares through his hedge fund Pershing Square Capital while the stock...

BlackRock (NYSE:BLK) CEO Larry Fink has acknowledged Bitcoin as a legitimate financial instrument in an interview with CNBC’s Jim Cramer. What Happened: “I was a proud skeptic, and I studied it, learned about it, and I came away saying, okay, you know, my opinion [for] five years was...

Technology sector optimism has catapulted the SPDR S&P 500 ETF Trust (NYSE:SPY) to all-time highs in 2024 even amid tough macroeconomic conditions and geopolitical uncertainty. Despite the rally, there are mixed signals on Wall Street. The Data: A post on X relayed data from Goldman Sachs....

New York Mets owner Steve Cohen‘s new stake in Sphere Entertainment Co (NYSE:SPHR) could signal a future bet on more sports-related events at the ball-shaped venue. What Happened: Cohen's Point72 Asset Management hedge fund recently disclosed a 5.5% stake in Sphere Entertainment with 1.56...

Steve Cohen's Point72 Asset Management is set to launch a new hedge fund with a focus on artificial intelligence, aiming to raise approximately $1 billion. The fund will concentrate on both investing in and betting against AI hardware and semiconductor companies globally, such as Nvidia, Broadcom...

In a recent report, Goldman Sachs revealed that hedge funds focusing on mergers and acquisitions have outperformed their peers in the first five months of 2024. What Happened: M&A-focused hedge funds have seen a 7.7% return in the first five months of 2024. This is a significant turnaround from...