Bitcoin Etfs Also Owned By Steven Cohen's Point72, Fortress Investment
Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.
Solana (sol) Price Targets $200 Leading The Crypto Rebound, Hedge Fund Founder Says
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
Ray Dalio Sees 40% Risk Of Civil War, Touts Taylor Swift For President
Ray Dalio founded Bridgewater Associates.Reuters / Ruben SprichRay Dalio sees up to a 40% chance that political division in the US escalates into civil war.The hedge fund billionaire has repeatedly warned about US debt and internal and external conflicts.Dalio half-jokingly endorsed Taylor Swift for president, citing her ability to unite people.Ray Dalio warned the probability of a US civil war is as high as 40% — and said he might back Taylor Swift if she ran for president.
Barclays' Ex-head Of Emea Rates Trading Is At Centre Of Hedge Fund Hiring Dispute
As we noted a few weeks ago, Eisler Capital the self-proclaimed "intellectually honest hedge fund" that's on a hiring spree is having some issues with a headhunting firm, which says it's owed £389k ($492k) after placing a portfolio manager there. Get Morning Coffee ☕ in your inbox.
Hedge Fund Millennium Management Reveals $2B Holdings Across Five Spot Bitcoin Etfs
International hedge fund Millennium Management revealed that it holds just under $2 billion in spot Bitcoin ETFs (exchange-traded funds), underscoring the increasing interest in the [...]
Bet Against Tech Stocks With This Bold, Lower-risk Trade Idea | Investorplace
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Using a long/short spread trade can help you bet against tech stocks while minimizing risk with long positions in regional banks. The post Bet Against Tech Stocks with This Bold, Lower-Risk Trade Idea appeared first on InvestorPlace. More From InvestorPlace
The #1 AI Investment Might Be This Company You’ve Never Heard Of
Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. It doesn’t matter if you have $500 or $5 million. Do this now.
Michael Burry Just Made A Brilliant Gold Arbitrage Trade In Phys (nysearca:phys)
Quarterly 13-F reports came out this week, requiring institutional investors with more than $100 million in assets to disclose their holdings as of the end of Q1. 13-F reports offer a window into the portfolios of investing legends like Warren Buffett, Bill Ackman and Michael Burry (of The Big Short fame). I'm fascinated with these because the only time valuations were higher than now for large-cap US stocks was the late 1990s tech bubble. Buffett sold some Apple (AAPL) and bought Chubb (CB), Ackman bought nothing, and Burry disclosed that his biggest purchase was a physical gold fund (NYSEARCA:PHYS).
The "extremely Kind" New Hedge Fund With An Ex-citadel Founder Has Been Hiring
The new kid on the hedge fund block might also be the nicest. Aquatic Capital Management was founded in 2019 by Jonathan Graham, formerly head of Citadel's statistical arbitrage and equity high-frequency trading. Since then, social media data suggests it has amassed over 100 employees, and a few senior names have been joining in 2024.Click here to sign up to our technology newsletter 🔧This month, Aquatic hired David Harks as a software engineer. Harks, whose senior career has had a focus on data engineering, joined from hedge fund Balyasny.
Cais Hosts Third Annual Alternative Investment Summit For Independent Advisors
NEW YORK--(BUSINESS WIRE)--CAIS, the leading alternative investment platform for financial advisors, today announced that the CAIS Alternative Investment Summit will return for its third year and feature a lineup of renowned speakers across alternative investing, wealth management, technology, and geopolitics. The 2024 event will be held on October 14-17 at The Beverly Hilton in Los Angeles, California. “We’ve reached a transformative moment in the alternative investment industry. Financial adv.
An Elite Hedge Fund Bought 1 Million Gamestop Shares Before The Meme Stock's 400% Surge
A top hedge fund built a GameStop stake from scratch last quarter ahead of the meme stock's surge. Renaissance Technologies' 1 million shares were briefly worth $65 million at Tuesday's high. A world-beating hedge fund revealed it built a GameStop stake from scratch last quarter, making it a potential winner from the meme stock's explosive leap this week. Renaissance Technologies owned 1 million shares of the video-game retailer at the end of March, a position worth $13 million at the time, its first-quarter portfolio update shows.