Hedge Fund and Insider Trading News: Ken Griffin, Bridgewater Associates, Welton Investment Partners, Merchant Commodity Fund, Rallybio Corp (RLYB), and More

Commodity Trader King Eyes $200 Oil After Record Hedge Fund Gain (Bloomberg)
A hedge fund run by commodities trader Doug King posted a record return last year, thanks to soaring energy, food, power and freight prices. King’s $244 million Merchant Commodity Fund gained 74%, beating its previous best of 59% in 2014, according to an investor letter seen by Bloomberg.

Hilbert’s First Joint Fund Launch (Hedge Nordic)
Stockholm (HedgeNordic) – Digital assets-focused investment firm Hilbert Group has launched a systematic quant-driven crypto fund in a joint venture with Hong Kong-based strategic advisory firm Oracle Strategies Limited. Hilbert Syrius Bit+ Fund uses a mix of artificial intelligence-assisted trend-following and mean-reversion strategies on a small basket of leading altcoins, predominantly Bitcoin and Ethereum.

‘Tiger Cub’ Performance was a Mixed Bag this Year. Inside Hedge Fund Returns from Viking Global to Coatue Management. (Business Insider)
Tiger Cubs Viking Global and Coatue Management saw mixed performance last year. Andreas Halvorsen‘s Viking Global, which managed $48 billion in capital as of September 30, 2021, ended 2021 with a 4% loss, according to sources familiar with the tech-focused firm’s performance.

Wednesday 1/12 Insider Buying Report: RLYB, ZYME (Nasdaq.com)
On Friday, Rallybio’s Jeffrey M. Fryer, made a $94,069 buy of RLYB, purchasing 10,000 shares at a cost of $9.41 a piece. So far Fryer is in the green, up about 19.5% on their buy based on today’s trading high of $11.24. Rallybio is trading off about 2.7% on the day Wednesday. And at Zymeworks, there was insider buying on Friday, by Chief Medical Officer Neil Josephson who purchased 5,000 shares at a cost of $14.28 each, for a total investment of $71,386. This purchase marks the first one filed by Josephson in the past twelve months. Zymeworks is trading up about 0.2% on the day Wednesday. So far Josephson is in the green, up about 6.6% on their purchase based on today’s trading high of $15.22.

Senior Vice President of Worldwide Sales & Customer Excellence Richard Mahoney Just Sold A Bunch Of Shares In ANSYS, Inc. (NASDAQ:ANSS) (SimplyWall.st)
Some ANSYS, Inc. (NASDAQ:ANSS) shareholders may be a little concerned to see that the Senior Vice President of Worldwide Sales & Customer Excellence, Richard Mahoney, recently sold a substantial US$3.7m worth of stock at a price of US$390 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 69% of their entire holding.

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