Hedge Fund and Insider Trading News: Tiger Global Management, Odey Asset Management, Bridgewater Associates, Cutter Capital Management, Tesla, Inc. (TSLA), Williams Cos Inc (WMB), and More

Ex-Citadel PM Launches Healthcare-Focused Hedge Fund with $275m (Hedge Week)
Cutter Capital Management, a new healthcare-focused hedge fund founded by former Citadel portfolio manager Vince Aita, has begun trading with $275m from two institutional investors, according to a report by Bloomberg. The report cites a letter sent to prospective investors and seen by Bloomberg as revealing that the initial funding, which has been invested via separately managed accounts, will be leveraged up to $550m.

Hedge Fund Millennium Got Another Goldman Commodities Trader (eFinancialCareers)
Millennium, the multi-strategy hedge fund that likes to hire from banks, particularly likes to hire commodities traders from Goldman Sachs. It took one in the form of Anthony Dewell, Goldman’s 38-year-old oil trading superstar last October. Now it’s come back for another bite. Katie Edin, a vice president in Goldman’s natural gas derivatives trading in New York City has also gone to Millennium. Edin is eight years into her career, having joined Goldman Sachs after graduating in 2015.

Abu Dhabi in Talks to Attract 30 Global Hedge Funds (Financial News)
Abu Dhabi’s financial centre is in talks with more than 30 hedge funds to help them set up in the Middle East. “We are increasingly seeing more hedge funds setting up or exploring setting up a presence in Abu Dhabi Global Market,” Arvind Ramamurthy, chief of market development told Financial News. “The pipeline of potential new hedge funds that Abu Dhabi Global Market has been engaging with is more than 30.”

Tesla, Netflix And 2 Other Stocks Insiders Are Selling (Benzinga)
Tesla: The Trade: Tesla, Inc. (TSLA) CFO Zachary Kirkhorn sold a total of 3,750 shares at an average price of $278.70. The insider received around $1.05 million from selling those shares. Moderna: The Trade: Moderna, Inc. (MRNA) Director Noubar B. Afeyan sold a total of 15,000 shares at an average price of $124.73. The insider received around $1.87 million from selling those shares.

Insiders Buy the Holdings of AIVL ETF (Nasdaq.com)
Williams Cos Inc (Symbol: WMB), which makes up 3.48% of the WisdomTree U.S. AI Enhanced Value Fund (AIVL), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $13,480,473 worth of WMB, making it the #1 largest holding. The table below details the recent insider buying activity observed at WMB.