Best Hedge Funds: First Quarter 2012
Insider Monkey looks out for long/short equity hedge funds with the best stock picking ability. The reason is simple. We believe we can outperform those investors who surrender 2% of their savings and...
Hedge Fund - Algebris Investments
Eric Halet And Davide Serra Bio, Returns, Net Worth
Algebris Investments was founded in 2006 by Eric Halet and Davide Serra with seed capital from TCI's Chris Hohn. Hohn has a 22% passive stake in Algebris. Halet got his MBA from the University of Pittsburgh and was previously a global industry analyst at Wellington Management. Serra was the former head of European banking research at Morgan Stanley and holds a CEMS Master's in International management. Algebris is a long/short equity fund that focuses on long-term opportunities mostly in financials with a three year horizon or greater. Algebris lost around 32 percent in 2008, gained 31% in 2009. The fund also returned 9.3 percent during the first 10 months of 2010.
Fund Profile
Showing:
| Fund Name: | Algebris Investments |
| Manager | Eric Halet And Davide Serra |
| Portfolio Value | $55,573,000 |
| Change This QTR | 0.00% |
Top Holdings
Showing:
Sorted by:
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | C | 762,096 | $20,051 | -3% |
36.08% | |
| 2.) | JPM | 240,274 | $7,989 | -35% |
14.37% | |
| 3.) | MET | 210,334 | $6,558 | -51% |
11.8% | |
| 4.) | BX | 443,555 | $6,214 | -72% |
11.18% | |
| 5.) | MS | 373,472 | $5,651 | +206% |
10.16% | |
| 6.) | HIG | 197,699 | $3,213 | -28% |
5.78% | |
| 7.) | RBS | 150,000 | $1,709 |  |
3.07% | |
| 8.) | WFC | 54,411 | $1,500 | -84% |
2.69% | |
| 9.) | RBS | 50,000 | $639 | |
1.14% | |
| 10.) | NDAQ | 11,376 | $279 | -98% |
0.5% | |
| 11.) | RBS | 25,000 | $280 | |
0.5% | |
| 12.) | PRU | 5,290 | $265 | -96% |
0.47% | |
| 13.) | PBCT | 19,600 | $252 |  |
0.45% | |
| 14.) | TRV | 4,000 | $237 | |
0.42% | |
| 15.) | ALL | 8,300 | $228 | |
0.41% | |
| 16.) | KEY | 27,902 | $215 | |
0.38% | |
| 17.) | FITB | 12,642 | $161 | -98% |
0.28% | |
| 18.) | BPOP | 94,773 | $132 | |
0.23% | |
| 19.) | FMBI | 0 | $0 |  |
0% | |
| 20.) | FULT | 0 | $0 | |
0% |
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