ValueWalk covered the Q1 13F filers from the top hedge funds and there were a few frequently picked stocks that stood out, and some sells that were ubiquitous in many filers. Before we get into our takeaways, lets take a look at what FactSet is saying. FactSet, which analyzes the quarterly holdings of the 50 largest hedge funds, noted that The Boeing Company (NYSE:BA) has suddenly become very popular, as the stock took $1.6 billion in...
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Artificial Fed moves driving investors to riskier assets, said hedge fund titan Ray Dalio, founder of Bridgewater Associates. But he also had a warning for investors in an interview with CNBC. Ray Dalio segment below hedge fund manager ray dalio receiving the money management lifetime achievement award last night. here’s what he had to say when asked if all the fed’s quantitative easing has been artificially inflating the markets. i think what has been artificial is there’s been a lot of printing of money which...
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Ray Dalio’s Bridgewater Associates filed 13f with SEC today. Here is a breakup of the major portfolio changes in the last quarter—note that the long equity portfolio made public is only worth $10 billion, whereas the actual AUM of Bridgewater exceeds $120 billion. Bridgewater bought CenturyLink, Inc. (NYSE:CTL), General Electric Company (NYSE:GE), Expeditors International of Washington (NASDAQ:EXPD), The Walt Disney Company (NYSE:DIS) and Red Hat Inc (NYSE:RHT) in Q1. Ray Dalio’s Bridgewater Associates Sells DELL, HPQ, VMED Ray Dalio is not waiting for the...
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Billionaire hedge fund manager Ray Dalio’s Bridgewater Associates revealed in a 13F filing with the Securities and Exchange Commission that it has 332 stocks in its portfolio as of March 31, 2013. During the first three months, the hedge fund added 121 new stocks, made additional purchases in 68 stocks, exited 66 stocks entirely, and reduced holdings in 76 stocks. Bridgewater Associates’ top ten holdings represent 90.38 percent of the hedge fund’s total investments....
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Appaloosa Management, the hedge fund founded by David Tepper, has started accumulating a position in the Energy Holdings Corp debt, people familiar with the matter told the Financial Times. The Texas-based power producer has a total debt of over $46 billion. Though most other hedge funds have purchased the most senior debts of the company, Appaloosa Management has bought riskier, junior debt, betting that the Dallas, Texas-headquartered company won’t file for a Chapter 11 bankruptcy anytime...
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The top earning hedge fund managers of 2012 compiled by Institutional Investor Alpha ranks David Tepper of Appaloosa Management at the top earning hedge fund managers list with a net profit of $2.2 billion in 2012. Ray Dalio comes in at the second place with $1.7 billion in earnings which makes this his third consecutive entry in the top three earners in the past three years. Despite the notorious insider trading scandal, Steve Cohen of S.A.C Capital takes the third spot with...
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David Einhorn has kept himself busy with Apple Inc. (NASDAQ:AAPL) and has since stayed quite for the most part. He has not einhorned any stock lately by mentioning it as a short or by failing to mention it. So for a change of scene we have some news from Einhorn. We have talked about how hedgers can contribute meaningfully to a charity through a fun game, Portfolios With Purpose, in which famous names like David...
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Fortress Investment Group LLC (NYSE:FIG)’s Macro fund is the latest hedge fund to bet big on the weakness of Japanese yen. Though the Japanese currency has already been sliding since mid-November, Fortress Investment Group LLC (NYSE:FIG) sees further slide in the yen as newly appointed Bank of Japan governor gears up for aggressive monetary easing. In fact, yen is the worst performing currency among the 10-developed country currencies monitored by Bloomberg. Fortress Macro fund, which...
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The results of Italian elections were an eye opener for those who had faith left in the strength of European Union. The people of Italy, especially the youth rebelled against the continued austerity and the failure of government to provide relief for the common men. The Five Star Movement, run by comedian turned politician Beppi Grillo, amassed 25 percent of the cast vote in Europe’s third largest economy. For the eurozone, this event marks...
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Forbes’ annual list of the 40 highest-earning hedge fund managers and traders is out, and David Tepper took the top spot. Tepper’s hedge fund, Appaloosa Management, had net returns of almost 30 percent during 2012 and Tepper’s share was $2.2 billion. David Tepper’s achievements last year are especially significant because the average hedge fund underperformed the stock market in the U.S. during the year. When you compare the highest earner list with the lowest earner list,...
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These days in currency trades the question is not who is shorting yen, it is more like who is not shorting yen. We have no answer to that, because in all our readings of market reports and hedge fund letters, we have not found one thesis that says that investing in the Japanese yen will not be profitable from a risk-reward perspective in the near term ; shorting yen is like a universal truth in...
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