Hedge Fund and Insider Trading News: Jim Simons, Nelson Peltz, Ray Dalio, Hudson Bay Capital Management, Eisler Capital, NextEra Energy Inc (NEE), GeneDx Holdings Corp. (WGS), and More

A Jim Simons Market Mystery — Solved? (Institutional Investor)
Is Jim Simons, founder of Renaissance Technologies and quant whiz extraordinaire, really a closet stock-picker? The question springs to mind on account of an investment fund backed by Simons called Euclidean Capital, which is widely reported to be his family office. The fund reports at least some of its public stock holdings quarterly in Securities and Exchange Commission filings.

Bed Bath & Beyond Gets a Lifeline From Hudson Bay Capital (The Wall Street Journal)
Bed Bath & Beyond Inc. (BBBY) couldn’t get banks to lend it money, but the troubled retailer found one hedge fund willing to bet on its stock. Bed Bath & Beyond landed a do-or-die rescue deal that takes bankruptcy off the table for now. Shares, which have surged in recent weeks despite the company’s dire situation, tumbled by nearly 50% early Tuesday as the new financing will dilute existing shareholders.

Disney Shareholders Set to Vote on Peltz at April 3 Annual Meeting (Reuters)
Walt Disney Co (DIS.N) said on Monday it had set its annual shareholder meeting on April 3, with a focus on activist investor Nelson Peltz‘s bid seeking a seat on the media and entertainment conglomerate’s board. The board recommends shareholders vote against a proposal of Peltz’s Trian Group that would reverse recent board changes to bylaws and against a shareholder proposal requesting a report on the company’s reliance on China operations.

Photo by Marga Santoso on Unsplash

World’s Largest Hedge Fund Founder Ray Dalio Says Cash Is “In Jeopardy” but Sees an Unexpected Solution (Benzinga)
Inflation has been a massive issue for nearly every major country for the past year or so. Consumers and corporations alike have felt the pain, with the previous four quarters of earnings proving to be relatively lackluster. While inflation is slowly declining, it has caused the debt of the U.S. and other countries to soar. Between strong inflation and the massive debt burden, the founder of the world’s largest hedge fund is sounding the alarm. Bridgewater Associates Founder Ray Dalio has grown his investing empire into one of the largest hedge funds in the world.

Eisler Capital Appoints Eric Lonergan as Portfolio Manager (Financial News)
London-based hedge fund Eisler Capital has hired former M&G macro fund manager Eric Lonergan as a portfolio manager. Lonergan has joined Eisler after spending nearly 17 years at £349bn UK savings and investment group M&G, having started at the firm in June 2006.