Founded in 2005, Magnetar Capital is headquartered in Evanston, Illinois and also has a presence in New York, London, and Beijing. A “magnetar” is a neutron star with an extremely powerful magnetic field that produces bursts of energy resulting in the brightest objects observed in the universe. The hedge fund believes this name is fitting because they attract world-class professionals, and the company fosters an environment that brings energy and passion to investing.
Founded in 2005, Magnetar Capital is headquartered in Evanston, Illinois and also has a presence in New York, London, and Beijing. A “magnetar” is a neutron star with an extremely powerful magnetic field that produces bursts of energy resulting in the brightest objects observed in the universe. The hedge fund believes this name is fitting because they attract world-class professionals, and the company fosters an environment that brings energy and passion to investing.
Magnetar Capital has quadrupled assets under management since its founding date, and managed roughly $8 billion in 2011. Magnetar incorporates a long-term investing strategy with the goal of harnessing alpha in a sustainable manner. The fund allocates capital dynamically by pursuing market inefficiencies, while staying focused on opportunities that are overlooked in areas that fall outside of traditional investments.
Alec Litowitz and Ross Laser founded Magnetar Capital. Before the duo came together in 2005, Litowitz spent nine years as a Principal at Citadel Investment Group, where he served as Global Head of Equities (See what two stocks Ken Griffin likes). Laser, meanwhile, was formerly employed at Glennwood Capital Partners.
| Fund Name: | Magnetar Capital |
| Manager | Alec Litowitz And Ross Laser |
| Portfolio Value | $3,099,886,000 |
| Change This QTR | 0.00% |
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | Noble Energy IncCALL |
NBL | 1,700,000 | $196,622 |  |
6.34% |
| 2.) | APC | 1,609,600 | $140,760 |  |
4.54% | |
| 3.) | HAL | 3,316,400 | $134,016 | +800% |
4.32% | |
| 4.) | EOG | 956,400 | $122,486 | |
3.95% | |
| 5.) | Ishares TrustPUTPUT |
1,150,000 | $108,629 | |
3.5% | |
| 6.) | PXD | 796,466 | $98,961 | |
3.19% | |
| 7.) | Hess CorpCALL |
HES | 1,384,500 | $99,144 | |
3.19% |
| 8.) | LNG | 3,424,262 | $95,879 | |
3.09% | |
| 9.) | TK | 2,591,196 | $93,179 | |
3% | |
| 10.) | MPC | 1,018,000 | $91,213 | |
2.94% |
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