Last Week’s Notable Insider Purchases
Insider transactions are usually worth looking at. Though insider purchases or sells do not always send clear “buy” or “sell” signals, it is always a good starting point to choose which stocks...
Hedge Fund - Ascend Capital
Malcolm Fairbairn Bio, Returns, Net Worth
Ascend Capital is a San Francisco based long-short equity hedge fund that was founded in 1999. The fund's founder and Chief Investment Officer is Malcolm Fairbairn. Ascend Capital has more than $3 Billion in AUM as of May 2011. Ascend Partners II fund had a 3-year annualized return of 8.3% between 2006 and 2008, and lost only 3% in 2008. Ascend Partners II was among Barron's Top 100 hedge funds in 2009. Ascend Partners II returned 8.6% annually between January 2004 and May 2010. Ascend Partners, Ascend's flagship fund returned 16.2% annually between Jan 2000 and September 2007. Fairbairn previously worked at Citadel Investment Group and Strome Susskind. Malcolm Fairbairn holds an MBA from Harvard Business School and has B.S. and M.S. degrees in Chemical Engineering from Massachusetts Institute of Technology.
Fund Profile
Showing:
| Fund Name: | Ascend Capital |
| Manager | Malcolm Fairbairn |
| Portfolio Value | $748,321,000 |
| Change This QTR | +0.61% |
Top Holdings
Showing:
Sorted by:
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | XRX | 6,038,853 | $48,069 | -20% |
6.42% | |
| 2.) | MOLXA | 1,088,193 | $21,524 | -35% |
2.87% | |
| 3.) | Lucent Technologies Inc.BOND |
24,267,000 | $21,239 | +26% |
2.83% | |
| 4.) | VCI | 1,039,334 | $19,986 | +1432% |
2.67% | |
| 5.) | ACI | 1,371,571 | $19,900 |  |
2.65% | |
| 6.) | Liberty Media Corp |
250,000 | $19,513 | |
2.6% | |
| 7.) | Pantry IncBOND |
PTRY | 19,717,000 | $19,318 |  |
2.58% |
| 8.) | MAR | 625,000 | $18,232 | |
2.43% | |
| 9.) | AVTR | 20,011,000 | $18,056 | +37% |
2.41% | |
| 10.) | SPY | 135,246 | $16,974 | |
2.26% | |
| 11.) | SJM | 199,502 | $15,596 | -56% |
2.08% | |
| 12.) | ANR | 750,718 | $15,338 | |
2.04% | |
| 13.) | WLT | 249,376 | $15,103 | |
2.01% | |
| 14.) | HAL | 425,434 | $14,682 | |
1.96% | |
| 15.) | RIG | 15,000,000 | $14,708 | |
1.96% | |
| 16.) | Hologic IncBOND |
HOLX | 14,776,000 | $14,115 | |
1.88% |
| 17.) | M | 400,000 | $12,873 | |
1.72% | |
| 18.) | B | 512,794 | $12,364 | |
1.65% | |
| 19.) | BTI | 124,687 | $11,830 | |
1.58% | |
| 20.) | AWK | 371,073 | $11,822 | -37% |
1.57% |
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Ascend Capital is a San Francisco based long-short equity hedge fund that was founded in 1999. The fund’s founder and Chief Investment Officer is Malcolm Fairbairn. Ascend Capital has more than $3 Billion...
