The 2016 Sohn Conference starts on Wednesday (May 4th) at David Geffen Hall, Lincoln Center 10 Lincoln Center Plaza New York City. As is our custom at ValueWalk we will be providing in-depth coverage of the most anticipated event of the year. The line up this year once again does not disappoint.
Note – we will post all links to our coverage on this page so just bookmark it or sign up for our free newsletter– also we will post the schedule once it is up. We have much more in depth notes coming up so please stay tuned!
SEE THE FULL CONFERENCE HIGHLIGHTS HERE-> LINK
- Carson Block Of Muddy Waters short OZRK At Sohn 2016
- Stan Druckenmiller At Sohn “The Endgame” Transcript And Slides
- Sohn Conference Winner – Short Dexcom (DXCM) “Where’s the insulin? Slides
- Jim Chanos Betting Against China
- Sohn Conference Finalists Long AMERCO; Greenhaven Long EXOR
- Larry Robbins attacks Buffett
- Larry Robbins CNBC interview
- Carson Block shorts Bank of the Ozarks – CNBC Interview
- Jeffrey Smith at the Sohn Conference
- Wall Street’s rising star Rosen is long Kraton
- Jeff Gundlach pitch
- Stanley Druckenmiller presentation
- Zach Schreiber pitch
- Jim Chanos Says Valeant Worth Zero, Still Short Tesla
- Jim Chanos short? pitch
- Chamath Palihapitiya Long Amazon
- Howard Marks: Bad decisions made in oil & gas sector
- Adam Fisher, Commonwealth Opportunity Capital Co-Founder & CIO, discusses the current interest rate environment.
- Dan Ariely on hedge fund psychology and trust
- David Einhorn, Greenlight Capital short CAT
- Gundlach CNBC interview full audio
-
Carson Block, Piper Jaffray Duel Over Bank Of The Ozarks
- Notes from the IRA Sohn Next Wave speakers
Sohn Investment Conference 12:00PM – 5:30PM
Here are the speakers
- Larry Robbins, Glenview capital
- David Einhorn, Greenlight Capital
- Zach Schreiber, Poinstate Capital
- Jeff Smith, Starboard Value
- Jeff Gundlach, DoubleLine Capital
- John Khoury, Long Pond Capital
- Carson Block, Muddy Waters
- James Chanos, Kynikos Associates
- Stanley Druckenmiller, Duquesne Family Office
- Dan Ariely, James B. Duke Professor of Psychology & Behavioral Economics
- Richard Deitz, VR Capital
- Adam Fischer, Commonwealth Opportunity
- Chamath Palihapitiya, Social Capital
- Eli Manning, New York Giants
Before the main conference begins the Sohn Next Wave Conference takes place. Next Wave Sohn at Alice Tully Hall, 9:00AM – 11:15AM
Next Wave Sohn brings the next generation of talent to the Sohn Investment Conference. It is held from 9:00AM to 11:15AM just before the Sohn Investment Conference convenes.
Below is the list of this year’s speakers.
- Davide Leone, DP Partners
- Genevieve Kahr, Ailanthus Capital
- Nick Tiller, Precocity Capital
- Nicholas Danaher, Domando Capital
- David D’Alessandro, CMDTY Capital Management
- David Rosen, Rubric Capital
How did the hedge fund gurus do last year? Not so well, but there is always this year plus the Sohn Conference raises money for a really great cause.
Julie VerHage of Bloomberg News crunched the numbers from the 2015 conference, and looked at how the picks have performed over the past ~ year.
Bill Ackman of Pershing Square Capital Management LP – Valeant Pharmaceuticals down 84 percent.
Barry Rosenstein of Jana Partners: Qualcomm down 27 percent.
Keith Meister of Corvex: Yum Brands (mixed)
Leon Cooperman: Mixed
Larry Robbins, of Glenview: AbbVie Inc. and Brookdale Senior Living Inc., which are down 6 and 50 percent respectively.
Mala Gaonkar, co-portfolio manager at Lone Pine long Microsoft is down four percent.
Jeff Gundlach: Puerto Rican debt – down about five percent
David Einhorn of Greenlight Capital pitched SHORT Pioneer Natural Resources, which is down about two percent.
2016 Sohn Conference schedule
Next Wave Sohn: Emerging Managers (Alice Tully Hall):
9:00am – 11:15am:
- David D’Alessandro, CMDTY Capital Management
- Nicholas Danaher, Domando Capital Management
- Genevieve Kahr, Ailanthus Capital Management
- Davide Leone, Davide Leon and Partners Investment Company
- David Rosen, Rubric Capital
- Nick Tiller, Precocity Capital
2016 Sohn Conference (David Geffen Hall):
- 11:00am: Registration & Luncheon opens for the Sohn Conference
- 12:00pm: Sohn Conference begins
- 12:05pm: Larry Robbins, Glenview Capital Management
- 12:25pm: Carson Block, Muddy Waters Capital
- 12:45pm: John Khoury, Long Pond Capital
- 1:05pm: Chamath Palihapitiya, Social Capital
- 1:55pm: Jeffrey Smith, Starboard Value
- 2:15pm: Richard Deitz, VR Capital Group
- 2:35pm: Stanley Druckenmiller, Duquesne Family Office
- 3:10pm: Jeffrey Gundlach, DoubleLine Capital
- 4:00pm: Zachary Schreiber, PointState Capital
- 4:35pm: Adam Fisher, Commonwealth Opportunity Capital
- 5:15pm: David Einhorn, Greenlight Capital
- 5:35pm: James Chanos, Kynikos Associates
Only female fund manager to present at the #sohn2016: Genevieve Kahr, short $GOGO pic.twitter.com/aRYAvWq3Nv
— Shan Shan Xie (@PoorGalRichGal) May 4, 2016
larry Robbins gives big thumbsbup for BCA Antech $WOOF “There’s no Obamacare for pets” #sohn2016
— Nancy Miller (@nancefinance) May 4, 2016
Kynikos Associates’ Jim Chanos says he is still short Alibaba • $BABA#Sohn2016
— CNBC Now (@CNBCnow) May 4, 2016
Chanos who is speaking later told CNBC
Jim Chanos betting against China
Wednesday, 4 May 2016 | 12:03 PM ET
Jim Chanos, Kynikos Associates President and founder, discusses the China story, saying they’ve opened up the “credit spigots again.”
Jim Chanos: Why I’m still short Alibaba
Wednesday, 4 May 2016 | 12:28 PM ET
Noted short-seller Jim Chanos said he has “real questions” about financial metrics and cash flow of Alibaba.
2016 Sohn Conference
From Dave Lutz of Jones Trading
The Street datamined recent 13F filings and headlines to compile the following. Ahead of the conference today, Bloomberg gives us How The Hedge Fund Picks From Last Year’s Sohn Conference Are Performing
- Larry Robbins (Glenview Capital) 12:05pm
- Longs: TWX (Recently added); CI; FMC; HCA.
- Recently Closed: SIRI; RAD; TER; SUNE.
- Carson Block (Muddy Waters) 12:25pm
- Longs: Stoeer (SOTDF).
- Short: CGUSY; WBAI; PFPT (Top short idea at December Sohn); TLSNY; BOIVF; NQ.
- John Khoury (Long Pond Capital) 12:45pm
- Recent Adds: KEY; M; CLNY; SBAC; LADR
- Recently Deleted: KSU; MCD; KIM; WY; WHR
- Charmath Palihapotiya (Social Capital) 1:05pm
- Posted positive tweet on TSLA Monday night (Click here); Has been positive on AMZN in the past.
- Jefferey Smith (Starboard Value) 1:55pm
- Activist in: YHOO; MRVL (6.5% stake); DEPO (9.9%); BLOX (7.5%); QTM (14.2%); NSP (15.7%); DRI (5.2%); FCPT (recently added); NYRT (recently added).
- Stanley Druckenmiller (Duquesne Family Office) 2:35pm
- Longs: PSTG (recently added); SYF; RTN; AMZN; CTRP; FB; Gold.
- Recently Closed: JD; CCL; EOG; WFC; WDAY; PYPL.
- Jeffrey Gundlach (Doubleline Capital) 3:10pm
- Expects Inflation to go lower; Thought oil would have a tough time moving higher through the $40s; Questions inflation trades; Bearish on the dollar; Owns ANLY.
- Zachary Schreiber (Point State Capital) 4pm
- Top Holdings include: TEVA; LNG; AGN; MCD.
- Adam Fisher (Commonwealth Opportunity) 4:35pm
- Recent Adds: BBVA Debt.
- Short: BCS (Recently added puts)
- David Einhorn (Greenlight Capital) 5:15pm
- Longs: CNX; KORS; Gold; SUNE; Resona (Japan); AGNC; HTS; PVH; YELP (just added); UNG (Just added); Largest Long Positions include: AAPL, CNX, GM, TWX, and Gold.
- Shorts: PXD (Presented at last Ira Sohn)
- James Chanos (Kynikos Associates) 5:35pm·
- Longs: MO; CHKP; JD; LMT; TAP; RTN; RAI; VZ
- Recently Deleted: AKAM, CERN, COST, CYBR; JWN; PXD; VFX
- 2016 Sohn Conference
