Another Hedge Fund Bites The Dust: $350 Million in Sales Coming
Matthew Iorio's White Elm Capital is returning money to its investors at the end of the year.
Located on the East Coast, Matt Iorio's White Elm Capital is a top-tier hedge fund that flies under many investors' radar screens. A former managing director at Stephen Mandel's Lone Pine Capital, Matt Iorio is a Tuck School of Business graduate, and he mainly employs a long/short strategy with a fundamentalist focus.
| Fund Name: | White Elm Capital |
| Manager | Matthew Iorio |
| Portfolio Value | $117,850,000 |
| Change This QTR | +0.30% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | TDG | 15,900 | $8,904,000 | -69% | 7.55% | ||
| 2. | MA | 29,000 | $8,659,000 | -63% | 7.34% | ||
| 3. | V | 42,900 | $8,061,000 | -67% | 6.84% | ||
| 4. | TPL | 248,400 | $7,187,000 | -67% | 6.09% | ||
| 5. | PYPL | 62,800 | $6,793,000 | -63% | 5.76% |