Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

David Gallo and Valinor Management’s Stock Picks

David Gallo, founder of the Valinor Management hedge fund, is one of the infamous “Tiger Cubs” – a name commonly given to those analysts who started at Tiger Management and have gone on to found some of the world’s most profitable hedge funds (Read more about “Tiger Cubs” here). Unfortunately, Gallo’s performance has been less than impressive.

Cardtronics, Inc. (NASDAQ:CATM)

Since the end of the first quarter, his Valinor Management, so named for the place where immortal souls rest in the “Lord of the Rings” trilogy, has underperformed the S&P 500 (SPY) by almost 7 points. Gallo saw a negative return in all of his top 25 stock picks except one – the business service provider Cardtronics Inc (CATM). While the return was a modest 10%, Gallo still reduced his position in the company by 3%. Still, Gallo owns 10 times more shares of Cardtronics than any other hedge fund; Ken Griffin’s Citadel Investment Group is the closest at 247,330 shares compared with Valinor’s 2,433,012 shares.

Check out Gallo’s top stock picks at the end of March and their returns since then:

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!