Martn Zweig and Joe DiMenna founded Zweig-DiMenna Associates in 1984. Zweig-DiMenna returned around 90% between 2006 and 2010. However, their recent performance isn't great. In 2008, their loss was nearly 6%- which is much better than an average hedge fund's. In 2009, they lost 3.5% when everybody else was recouping their 2008 losses. Over the first 11 months of 2010, their loss was close to 3%.
Martn Zweig and Joe DiMenna founded Zweig-DiMenna Associates in 1984. Zweig-DiMenna returned around 90% between 2006 and 2010. However, their recent performance isn't great. In 2008, their loss was nearly 6%- which is much better than an average hedge fund's. In 2009, they lost 3.5% when everybody else was recouping their 2008 losses. Over the first 11 months of 2010, their loss was close to 3%.
Zweig-DiMenna usually have a gross long exposure of 95% and a gross short exposure of 40%. So they're 55% net long on the average. They say their long bias usually range between 25% and 85%. Considering they had 180 stocks in their 13F portfolio and probably short sell a similar number of companies, clearly they aren't placing their bets randomly. They systematically manage to buy the losers and sell the winners during the past couple of years.
| Fund Name: | Zweig Dimenna Partners |
| Manager | Joe Dimenna |
| Portfolio Value | $1,738,580,000 |
| Change This QTR | +1.22% |
| No. | Security | Ticker | Shares | Value (x$1000) | Activity | % Port |
|---|---|---|---|---|---|---|
| 1.) | AAPL | 324,152 | $131,282 | -5% |
7.55% | |
| 2.) | MMI | 1,713,030 | $66,466 | +60% |
3.82% | |
| 3.) | APC | 664,175 | $50,696 | -17% |
2.91% | |
| 4.) | VRUS | 394,100 | $50,524 |  |
2.9% | |
| 5.) | GG | 1,093,310 | $48,379 | +321% |
2.78% | |
| 6.) | GR | 372,090 | $46,028 | +201% |
2.64% | |
| 7.) | GOOG | 69,709 | $45,025 | |
2.58% | |
| 8.) | NBL | 466,298 | $44,014 | +154% |
2.53% | |
| 9.) | DG | 1,026,810 | $42,243 | -9% |
2.42% | |
| 10.) | PXD | 460,435 | $41,200 | +146% |
2.36% | |
| 11.) | CAM | 754,990 | $37,138 | |
2.13% | |
| 12.) | PM | 448,370 | $35,188 | -42% |
2.02% | |
| 13.) | OXY | 362,980 | $34,011 | |
1.95% | |
| 14.) | NETL | 659,450 | $32,689 |  |
1.88% | |
| 15.) | CMCSA | 1,239,550 | $29,390 | -29% |
1.69% | |
| 16.) | CF | 192,465 | $27,904 | +80% |
1.6% | |
| 17.) | DLTR | 330,600 | $27,476 | -5% |
1.58% | |
| 18.) | GE | 1,457,600 | $26,106 | |
1.5% | |
| 19.) | AET | 610,870 | $25,773 | |
1.48% | |
| 20.) | MA | 68,150 | $25,408 | +201% |
1.46% |
