These Hedge Funds May Be Blowing Up Right Now

Insider Monkey tracks more than 300 hedge funds and a few mutual funds. We believe investors can beat the index funds by imitating best hedge funds’ best stock picks. We also try to avoid the funds that are nothing more than levered beta play. That’s why we like to measure the returns of hedge funds especially when the markets are in free fall.  Our methodology limits its analysis to Russell 3000 constituents and excludes put options and bond holdings. These calculations are based on Q1 filings. Q2 filings will be available next week. We will cover these filings as they become available. As always the data and our analysis will be made available for FREE.

S&P 500 index lost 16.6% since July 22nd and we will be using this as our benchmark. We present returns for those funds with the worst returns. Some of these hedge funds may be blowing up right now if they aren’t properly hedged:

1. Warren Lichtenstein – Steel Partners: Warren Lichtenstein’s largest position, Handy & Harman (HNH), is down 42.9% since July 22nd. This position is more than 3 times bigger than his second largest position, Gencorp (GY). Gencorp lost 26.6%. Lichtenstein 13F portfolio lost around 36% in just two weeks.

2. Mark Rachesky – MHR Fund Management: Mark Rachesky’s largest position, Loral Space & Comm (LORL), is down 27.7% since July 22nd. His loss in Leap Wireless is also more than 57%, or nearly $140 Million. Overall we estimate Rachesky’s 13F portfolio loss to be around 31%.

There are several other hedge funds with estimated losses around 25-30%. If you are interested in getting this list just send us an email. Here are some of the famous hedge funds that are getting hammered:

John Burbank PASSPORT CAPITAL

3. John Burbank – Passport Capital: John Burbank was bearish about the market and thought it was likely to decline. That’s why he said he increased his cash reserves. Unfortunately his stock positions didn’t do well during the past couple of weeks. We estimate Burbank’s 13F portfolio’s loss at 26%.

4. T. Boone Pickens – BP Capital: When energy prices go down, Boone Pickens energy hedge fund goes down. Pickens’ 13F portfolio probably lost around 26% during the past two weeks.

5. Eric Sprott – Sprott Asset Management: Gold and silver are doing OK but Sprott’s mining stocks aren’t. We estimate his 13F portfolio’s losses at around 25%

6. Bruce Berkowitz – Fairholme: Berkowitz’s financial stocks are killing him. Yesterday we covered his losses in Bank of America. We estimate his losses at around 24%.

7. John Paulson – Paulson & Co: Paulson has been hammered by the decline in his financial bets. He lost around $1.6 Billion yesterday. We estimate John Paulson’s 13F portfolio losses at around 24%.

8. David Tepper – Appaloosa: David Tepper said he reduced his financials bets significantly. We estimate his losses at around 23% based on his end of March holdings.

9. Dan Loeb – Third Point: It is a good thing that Dan Loeb reduced his gross exposure to low the 20s. His 13F portfolio lost around 23%. His actual losses are probably much lower than this.

10. Seth Klarman – Baupost: Seth Klarman is a cautious investor and he invests only a small percentage of his funds in the stock market. Unfortunately his 13F stock picks underperformed the market by around 7 percentage points during the past 2 weeks.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

Subscribe

Enter your email:

Delivered by FeedBurner

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!