Top Hedge Funds in September

Hedge funds fell 3.2% in September according to Bloomberg, making September 2011 the worst month for hedge funds in over a year. Bloomberg cited the European debt crises and worries over a US recession as the primary factors in the performance decrease. “It was one of the worst months we’ve seen since 2008,” said Don Steinbrugge, managing partner of Agecroft Partners LLC. “From a hedge-fund manager’s standpoint, there’s a lot of stress to navigate these markets. Any strategy that was exposed to the fixed-income and equity markets generated negative returns.”

PAULSON & CO

Multi-strategy funds fared slightly better than funds overall, reporting a 3.1% decrease. Macro-strategy funds did even better, reporting losses closer to 2.4% for September. The largest losses came from Long-Short Equity funds. They lost 4.4% in September. The losses are significant but hedge funds still managed to outperform the market. HSBC reports that the average hedge fund is down 3.72% YTD. The S&P 500 lost around 7% in September and is down 8.7% for the year.

Here is how individual hedge funds performed in September (You can see each fund’s entire 13F portfolio by clicking on each fund’s link):

1. John Paulson – Paulson & Co.: John Paulson’s loss in his leveraged Advantage Plus fund reached 33.95% YTD at the end of September. The loss in his Advantage fund is slightly less at 23.2%. Paulson’s Credit Opportunities fund is down 10.63% for September, but the fund is down 7.60% YTD.

2. Bill Ackman – Pershing Square: Pershing Square Intl lost 1.6% by the end of the month. The fund is down 12.18% YTD.

3. Dan Loeb – Third Point: Loeb’s Third Point Offshore fund was down 0.60% for the fmonth of September. The fund is still up 3.53% YTD.

4. Lee Ainslie – Maverick Fund: Maverick Fund is down 5.63% for September. The fund has lost 14.86% YTD.

5. Jim Simons – Renaissance: Simons’ Renaissance Institutional Equities gained 0.41% during themonth of September. The fund is up 23.94% YTD.

6. Israel Englander – Millennium: Englander’s Millennium Intl Ltd lost 0.05% during the September. The fund is up 5.26% YTD.

7. James Dinan – York Capital: Dinan’s York Investment Ltd. lost 3.53% during September. The fund is down 7.91% YTD.

8. John Thaler – JAT Capital: JAT Capital’s Offshore fund is up 1.8% during September. The fund is one of the best performing hedge funds in 2011 with a 37.43% YTD return.

9. Steve Heinz – Lansdowne: Lansdowne’s European Long Only fund lost 7.29% during September. The fund is down 16.41% YTD. Lansdowne’s UK Equity fund performed a little better. The fund gained 0.23% in September but lost 13.59% YTD.

10. Joshua Friedman – Canyon Capital: Canyon’s global distressed security funds lost between 2.73% and 2.82% during the first 9 months of the year.

11. Edward Mule – Silver Point Capital: Silver Point Offshore fund lost 1.08% during t September. The fund is still up 3.42% YTD.

12. John Bader – Halcyon: Halcyon Offshore Asset-Backed Value Fund is up 0.37%for September and 5.44% YTD.

13. Richard Perry – Perry Capital: Perry Partners Intl fund is down 2.13% for September. The fund is down 6.90% YTD.

14. Robert Karr – Joho Capital: Joho lost 5.62% during September, the fund is down 4.17% YTD.

15. John Horseman – Horseman Capital: John Horseman’s Global Fund lost 7.49% in the month of September. The fund is down 4.38% YTD.

16. Mark Kingdon – Kingdon Capital: Kingdon Offshore fund is down 5.56% for September. The YTD return is even worse, at -16.58%.

17. Curtis Macnguyen – Ivory Capital: Ivory Capital’s Flagship Strategy lost 2.24% during September. The fund lost 5.61% YTD.

18. Michael Messner – Seminole: Messner’s Seminole Offshore fund lost 0.90% during the month of September. The fund is down 4.41% YTD.

19. Jacob Gottlieb – Visium Asset Management: Visium Institutional Partners Fund lost 1.13% in September, the fund is down 2.35% YTD. Visium Balance Offshore fund is down 1.55% during the same time in August, and is down 1.39% YTD.

20. Philippe Jabre – Jabre Capital: Jabcap Global Balanced Fund Ltd lost 1.42% during September. The fund is down 21.17% YTD.

21. Glenn Dubin – Highbridge: Highbridge Long/Short Equity Fund lost 2.81% by the end of September, and it is down 12.67% YTD.

22. Andreas Halvorsen – Viking Global: Viking Global Equities was down 0.03% for September, however, the fund is up 2.92% YTD.

John Murphy’s Alydar is up 3.31% YTD, Tom Claugus’ Bay Resources Partners Offshore fund is down 7.77% YTD, Paul Tanico’s Castlerock is down 14.87% YTD, Wayne Cooperman’s Cobalt Offshore is up 0.14% YTD, Leon Cooperman’s Omega is down 5.10%, David Einhorn’s Greenlight Offshore is down 5.44% YTD and Ricky Sandler’s Eminence is down 8.58% YTD.

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

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

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!