Paul Tudor Jones Betting On Emerging Markets, Pepsi, Facebook, More

Paul Tudor Jones, the founder of Tudor Investment Corp, is also known as the “legendary macro trader”. He focuses on equity, venture capital, debt, currency, and commodity markets. His fund had a 13F portfolio value of $4.26 billion as at the end of September 2016 and invests mostly in sectors such as healthcare, technology, financial and services. The fund laid off around 15% of its staff during the second quarter after suffering losses and investor withdrawals amounting to $700 million. Let us take a close look at some of Tudor Investment Corp’s biggest moves during the third quarter.

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TUDOR INVESTMENT CORP

iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) was amongst one of the top buys by Tudor during the third quarter. Tudor Investment Corp reported buying 1,867,000 shares of this stock, valued at $69.9 million during the quarter. The ETF seeks investment results that correspond to the price and yield performance of MSCI Emerging Markets Index. The ETF which has an expense ratio of 0.69% and has the largest allocation of 26.88% to Chinese companies. Its top ten holdings were Information Technology companies. 114 funds created new positions while 270 funds added to an existing position of iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) during the third quarter. In all 33 hedge funds from our system held shares worth $3.89 billion in this stock during the third quarter.