2013 hedge fund returns: Many financial journalists commit the travesty of reporting improper return figures every quarter. Due to the fact that hedge funds file their quarterly equity holdings in the form of 13F filings, we can easily determine the returns of their equity portfolios. Sometimes, though, this information is confused with the return of an entire hedge fund, which involves a range of other investments. The best place to get total return data is from hedge funds themselves, typically via quarterly letters.
We’ve compiled as many hedge fund returns as we could find for 2013:
Steven Cohen‘s SAC Capital returned close to 13% through mid-September.
David Tepper and Appaloosa Management’s flagship fund gained 23.4% this year through July.
Ray Dalio and Bridgewater Associates’ All Weather Fund had lost 8% through late June.
Bill Ackman and Pershing Square gained 0.2% through Q3.
Nelson Peltz‘s Trian Partners is up 30% through the end of Q3.
Paul Tudor Jones‘ Tudor BVI Global Fund gained at least 7.5% through the end of Q3.
Activist Jeffrey Ubben and ValueAct Capital‘s Master Fund has gained 19.8% over this same time.
John Paulson‘s Recovery Fund is up 39% through the first week of October, including a 4.2% gain last month. Paulson Partners is up 14% on the year, while Paulson Partners Enhanced is up about 25% over this time.
Another activist, Dan Loeb‘s Third Point Offshore Fund is up 18% through the first three quarters of 2013.
Barry Rosenstein’s Jana Partners is up 14.2% during this time.
David Einhorn and Greenlight Capital booked a 12.2% gain through the end of Q3.
Ken Griffin and Citadel generated a total return of 9.5% this year through mid-August.
Paul Singer’s Elliott Associates and Elliott International each gained around 9% through September 30th.
David Harding and Winton Capital’s futures fund returned almost 3.5% in September, but lost 3.8% in August. The fund is down 0.10% on the year.
Billionaire Jim Simons and Renaissance Technologies’ Renaissance Institutional Futures Fund lost 3.03% through August.
Israel Englander‘s Millennium Management fund had gained 7% this year through July.
Brevan Howard‘s IIMacro FX fund lost 4.2% through the end of August.
Bruce Kovner‘s Caxton Associates gained 14.8% through three quarters.
The macro-focused arm of Louis Bacon‘s Moore Capital Management was up almost 13% through September 26th.
Krim Delko and Orange Capital Partners‘ Masterfund is up 41.6% year-to-date, according to data obtained by Insider Monkey.