A Reuters analysis of filings with the U.S. Securities and Exchange Commission showed that Coatue Management, Omega Advisors, Third Point, Tiger Global Management, Appaloosa Management, Paulson& Co, Soros Fund Management and Greenlight Capital in aggregate slashed 16 stakes, sold two stakes, increased six stakes, opened two new stakes, and maintained two...
Some $70 million in research by Coatue Management this year has so far yielded three themes for investing in technology.
A high-flying private investment firm known for its prescient bets on tech is losing two of its top executives.
One-time hedge fund darling Apple was dropped by more famous hedge fund managers in the first quarter.
The roughly $6 billion fund, run by Chase Coleman and Feroz Dewan, has been the darling of the investment community for its string of strong returns at a time when the average hedge fund is delivering only low single-digit returns. At the end of the second quarter the New York- based fund listed Apple Inc, Yandex NV and Google Inc.