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June 4 Hedge Fund Performance Report - May P&L Was A Bloodbath

Tyler Durden's picture




 

The latest HSBC hedge fund performance report is out, this one including P&L through the end of May. In short, a bloodbath. Some notable performers for the month of May:

  • RIEF B: (4.46%)... and just 0.74% YTD
  • Moore Global: (9.15%)... now that's a pounding.
  • Tudor: (2.26%)
  • Fortress Drawbridge: (1.31%)
  • Millennium: (1.31%)
  • Pershing Square: (2.20%)
  • York: (4.80%)
  • Caxton Global: (0.01%)
  • Greenlight: 0.30%
  • Landsdowne Global: (5.56%)
  • Cobalt Offshore: (2.76%)
  • Viking Global: (3.20%)
  • Shumway Capital: (4.72%)
  • Odey European: (10.96%)
  • Bluemountain: (1.50%)
  • Perry: (1.11%)
  • Owl Creek: (2.80%)
  • Marathon: (3.46%)
  • QVT: (1.64%)

Full report:

 

HedgeWeekly2010_No23

 

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Mon, 06/07/2010 - 16:48 | 400394 Niskyboy
Niskyboy's picture

Gonna be an interesting remainder of the year. . .

Mon, 06/07/2010 - 16:49 | 400398 Joe Shmoe
Joe Shmoe's picture

The smart money?

Mon, 06/07/2010 - 17:00 | 400422 Sudden Debt
Sudden Debt's picture

SSSTTT, I hid the smart money in the stove. Safest place in the house, hidden under a pile of wood and some old newspapers.

Mon, 06/07/2010 - 17:20 | 400481 bigdumbnugly
bigdumbnugly's picture

bad form, SD.

those newspapers and that pile of wood might be worth something some day.

Mon, 06/07/2010 - 17:48 | 400539 Spitzer
Spitzer's picture

What was your return ? mine was 1.65%

Regarless how Greenlight does month to month, I still have respect for David Einhorn.

Mon, 06/07/2010 - 18:23 | 400588 I need more asshats
I need more asshats's picture

You swallow right? It's subtle but I get it.

Mon, 06/07/2010 - 16:58 | 400416 Sudden Debt
Sudden Debt's picture

Bought some Robertson Chinese Equity D-shares today on a autobuy that was still active from last month. Funny thing is they are in a fund that I can't access for 5 years. I'll better put that folder on ignore for the next few years...

Mon, 06/07/2010 - 17:08 | 400448 Rick64
Rick64's picture

Very dismal YTD results. What about Eclectica (Hugh Hendry)?

Mon, 06/07/2010 - 17:49 | 400542 Spitzer
Spitzer's picture

wasn't this a monthly result ? not YTD ?

Mon, 06/07/2010 - 18:09 | 400574 Rick64
Rick64's picture

I guess you didn't read it? It has Both MTD and YTD.

Mon, 06/07/2010 - 17:11 | 400453 idea_hamster
idea_hamster's picture

Could someone please tell these guys that the degree symbol is not the same as a superscript letter "o" -- it just makes them come across as pretentious.

It also wrecks the keming of their title. ;-)

Tue, 06/08/2010 - 07:10 | 401174 Circumspice
Circumspice's picture

The most confusing part is that it's harder to type a degree symbol than a superscript "o".

 

Mon, 06/07/2010 - 17:18 | 400473 Ted K
Ted K's picture

Oh, I feel so sad, these guys who raped us with derivatives are not even making what grandma got on her bank account.  Does this mean we have to call "W" Bush and Hank Paulson to turn the world upside down again???

Mon, 06/07/2010 - 17:43 | 400531 jswede
jswede's picture

which privately owned hedge fund raped you with derivatives?

Mon, 06/07/2010 - 17:47 | 400537 TexDenim
TexDenim's picture

Misery loves company. I'm glad I'm not the only dummy.

Mon, 06/07/2010 - 18:20 | 400584 unununium
unununium's picture

One name I don't see on the list: Sprott Asset Management.

Someone got killed today, trying to sit on top of PHYS.  They gave up at 3:30 and boom, PHYS outperforms the spot market and GLD yet again.

Mon, 06/07/2010 - 18:51 | 400631 drwells
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I'm still hoping for a correction in the POG. Therefore it will continue to go up.

Mon, 06/07/2010 - 19:09 | 400656 Cactus Rocky
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In November I piled into Himalayan Global and got throttled cash-wise.  But I am experiencing total consciousness.  Which is nice.

Mon, 06/07/2010 - 19:49 | 400691 SteveNYC
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LOL, that's almost "comment of the day" material.

Tue, 06/08/2010 - 01:57 | 401061 Hephasteus
Hephasteus's picture

It's ok. The subconcious manipulation will counteract it and they'll get another payment out of you.

Mon, 06/07/2010 - 19:51 | 400695 M31Capital
M31Capital's picture

That has to be Louis Bacons worst month ever.  Has always been touted as having the most meticulous money and risk management out of anyone.  He was quoted as being bullish on the US recovery, can't believe he got sucked in that bad for a macro guy.  

Mon, 06/07/2010 - 20:44 | 400738 whatsinaname
whatsinaname's picture

how about braxton biggs ?

Mon, 06/07/2010 - 20:54 | 400751 Itsalie
Itsalie's picture

so who shorted the euro, european banks and the PIIGUS CDS all the last 2 months if not the hedgies? who who who???

Mon, 06/07/2010 - 21:48 | 400808 Augustus
Augustus's picture

Gain of 10% YTD does not seem too bad for me in comparison, even if I was just flat for May.

Mon, 06/07/2010 - 21:49 | 400810 sneering nihilist
sneering nihilist's picture

i love a good bloodbath as much as anybody but don't you think you've been throwing that term around a little fast and loose?  I feel like "bloodbath" has been cheapened.  I am now less inclined to click on a "bloodbath" posting.

Mon, 06/07/2010 - 21:55 | 400816 nedwardkelly
nedwardkelly's picture

The 'smart money' being down 10% in a month isn't a bloodbath?

Mon, 06/07/2010 - 22:28 | 400851 sneering nihilist
sneering nihilist's picture

"Moore Global: (9.15%)... now that's a pounding."

 

down 6% for the year. i'd call it "piss poor" or "shitty" but not a bloodbath.

Mon, 06/07/2010 - 21:54 | 400815 nedwardkelly
nedwardkelly's picture

.

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