2013 hedge fund returns
: Many financial journalists commit the travesty of reporting improper return figures every quarter. Due to the fact that hedge funds file their quarterly equity holdings in the form of 13F filings, we can easily determine the returns of their equity portfolios
. Sometimes, though, this information is confused with the return of an entire hedge fund, which involves a range of other investments. The best place to get total return data is from hedge funds themselves, typically via quarterly letters.
We've compiled as many hedge fund returns as we could find for 2013:
's SAC Capital returned close to 13% through mid-September
and Appaloosa Management's flagship fund gained 23.4%
this year through July.
and Bridgewater Associates' All Weather Fund had lost 8% through late June
and Pershing Square gained 0.2% through Q3
's Trian Partners is up 30% through the end of Q3
Paul Tudor Jones
' Tudor BVI Global Fund gained at least 7.5%
through the end of Q3.
Activist Jeffrey Ubben and ValueAct Capital
's Master Fund has gained 19.8%
over this same time.
's Recovery Fund is up 39%
through the first week of October, including a 4.2% gain last month. Paulson Partners is up 14% on the year, while Paulson Partners Enhanced is up about 25% over this time
Another activist, Dan Loeb
's Third Point Offshore Fund is up 18%
through the first three quarters of 2013.
Barry Rosenstein's Jana Partners is up
14.2% during this time.
and Greenlight Capital booked a 12.2%
gain through the end of Q3.
and Citadel generated a total return of 9.5% this year through mid-August
Paul Singer's Elliott Associates
and Elliott International each gained around 9%
through September 30th.
and Winton Capital's futures fund returned
almost 3.5% in September, but lost 3.8% in August. The fund is down
0.10% on the year.
Billionaire Jim Simons
and Renaissance Technologies' Renaissance Institutional Futures Fund lost 3.03% through August
's Millennium Management fund had gained 7%
this year through July.
's IIMacro FX fund lost 4.2% through the end of August
's Caxton Associates gained 14.8% through three quarters
The macro-focused arm of Louis Bacon
's Moore Capital Management was up almost 13%
through September 26th.
Krim Delko and Orange Capital Partners
' Masterfund is up 41.6% year-to-date, according to data obtained by Insider Monkey.