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Here Are the Manager Finalists for the 2023 Hedge Fund Industry AwardsHere Are the Manager Finalists for the 2023 Hedge Fund Industry Awards
Mar 13, 2023

Here Are the Manager Finalists for the 2023 Hedge Fund Industry Awards

Here Are the Manager Finalists for the 2023 Hedge Fund Industry Awards

SOURCE:
Institutional Investor

There were plenty of losers in 2022, as stocks plummeted and bond markets broke down in the face of rising interest rates.

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This Top Short-Seller Still Sees Huge Opportunities Despite The MarketThis Top Short-Seller Still Sees Huge Opportunities Despite The Market
Nov 9, 2022

This Top Short-Seller Still Sees Huge Opportunities Despite The Market

This Top Short-Seller Still Sees Huge Opportunities Despite The Market

SOURCE:
Forbes

The industrial sector rallied almost 14% in October, but short-sellers quickly increased their bets against the sector as prices rose. According to S&P Global Market Intelligence, investors boosted short interest in the sector to 3.08%. However, one well-known short-seller prefers consumer discretionary stocks over industrial names.

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Spruce Point Gains in a Big Year for Short SellersSpruce Point Gains in a Big Year for Short Sellers
Jan 24, 2022

Spruce Point Gains in a Big Year for Short Sellers

Spruce Point Gains in a Big Year for Short Sellers

SOURCE:
Institutional Investor

Activist short seller Spruce Point Capital Management bested the market downturn last year with a gain of 7.4 percent, according to a yearend letter to investors that Institutional Investor has received.

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Short Activist Spruce Point Soars in Turbulent Year for Short SellersShort Activist Spruce Point Soars in Turbulent Year for Short Sellers
Jan 10, 2022

Short Activist Spruce Point Soars in Turbulent Year for Short Sellers

Short Activist Spruce Point Soars in Turbulent Year for Short Sellers

SOURCE:
Institutional Investor

Despite all the public outcry against short sellers, a number of them survived 2021 just fine. A case in point is Ben Axler’s Spruce Point Capital, whose flagship hedge funds gained 21.4 percent on a net basis, according to a letter to investors.

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SPAC Boom Creates Fresh Targets for Short Sellers, ActivistsSPAC Boom Creates Fresh Targets for Short Sellers, Activists
Aug 17, 2021

SPAC Boom Creates Fresh Targets for Short Sellers, Activists

SPAC Boom Creates Fresh Targets for Short Sellers, Activists

SOURCE:
Bloomberg

When Genius Sports Ltd. merged with a blank-check company earlier this year, it became part of the the hottest trend on Wall Street this side of meme stocks.

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‘We believe there is a record disconnect between stock prices and reality,’ says Spruce Point CIO‘We believe there is a record disconnect between stock prices and reality,’ says Spruce Point CIO
Oct 8, 2020

‘We believe there is a record disconnect between stock prices and reality,’ says Spruce Point CIO

‘We believe there is a record disconnect between stock prices and reality,’ says Spruce Point CIO

SOURCE:
Hedgeweek

At least that is the view of Ben Axler, founder and CIO of New York-based Spruce Point Management. And it is a view shared by other committed short sellers. As Jim Chanos recently told the Financial Times, ‘we are in the golden age of fraud’. Case in point: Chanos allegedly pocketed a cool USD100 million (approximately) by shorting German fintech company Wirecard.

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Most prolific short sellers amid COVID and the rise of Robinhood tradersMost prolific short sellers amid COVID and the rise of Robinhood traders
Aug 7, 2020

Most prolific short sellers amid COVID and the rise of Robinhood traders

Most prolific short sellers amid COVID and the rise of Robinhood traders

SOURCE:
ValueWalk

Activist short sellers have ramped up activity this year. During the first half of 2020, dozens of stocks have seen wild price swings. Many biotech companies saw their stocks skyrocket after they joined the race to develop a COVID-19 vaccine. The rise of the so-called Robinhood traders has also caused many stocks to behave irrationally, giving activist short sellers some lucrative opportunities. Here we take a look at the most prolific activist short sellers in the first half of 2020.

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The Manager Finalists for the 2020 Hedge Fund Awards Are...The Manager Finalists for the 2020 Hedge Fund Awards Are...
Mar 12, 2020

The Manager Finalists for the 2020 Hedge Fund Awards Are...

The Manager Finalists for the 2020 Hedge Fund Awards Are...

SOURCE:
Institutional Investor

After a wretched 2018, hedge funds — and the broader markets — had a much better run last year. In 2019, the Standard & Poor’s 500 stock market index gained a blistering 31 percent — but a handful of hedge fund managers posted even better results. They will be among the winners at Institutional Investor’s 18th annual Hedge Fund Industry Awards.

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Meet the New York investor who's making all the right calls in shorting Canadian stocksMeet the New York investor who's making all the right calls in shorting Canadian stocks
Nov 19, 2018

Meet the New York investor who's making all the right calls in shorting Canadian stocks

Meet the New York investor who's making all the right calls in shorting Canadian stocks

SOURCE:
Financial Post

Ben Axler is used to being alone on his stock calls. In August, the New-York-based short seller released a report criticizing Canadian space tech juggernaut Maxar Technologies Ltd., raising questions about some of its accounting practices and warning that the company’s shares could lose more than half their value.

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The Short Seller Who Is Killing It This YearThe Short Seller Who Is Killing It This Year
Jul 9, 2018

The Short Seller Who Is Killing It This Year

The Short Seller Who Is Killing It This Year

SOURCE:
Institutional Investor

Ben Axler’s Spruce Point Capital Management, which focuses solely on short activist plays, is having a bang-up year, rising more than 13 percent through June, according to sources familiar with the fund.

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Short-Sellers Who Didn’t Blow 2016Short-Sellers Who Didn’t Blow 2016
Feb 28, 2017

Short-Sellers Who Didn’t Blow 2016

Short-Sellers Who Didn’t Blow 2016

SOURCE:
Institutional Investor

It all started so rosy. The market’s precipitous fall during the first few months of 2016 suggested the time was ripe to launch short-biased hedge funds, whose ranks had diminished in recent years.

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A small hedge fund that says its reports have led to CEO outings has a new big shortA small hedge fund that says its reports have led to CEO outings has a new big short
Dec 16, 2016

A small hedge fund that says its reports have led to CEO outings has a new big short

A small hedge fund that says its reports have led to CEO outings has a new big short

SOURCE:
Insider

A small short-seller that says its reports have led to the resignation of several CEOs has a new big short.

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