Three quarters of the U.S. hedge fund portfolio exposure

The optional consumer shale oil and gas is still the focus

As of November 12, a total of 135 hedge funds in the U.S. market announced a quarterly 13-F table changes positions, however, in which the management of the market value of only $ 13 billion. As mentioned last week, the positions of the big investment institutions prone to reaction in the market, these institutions often choose to delay the deadline of November 14 announced the 13-F table. In 135 hedge funds zhengbao information statistics 11 the management market capitalization of more than 4 billion U.S. dollars, a simple analysis of the third quarter, data from their investment in wind direction of the small and medium-sized institutions.

Heavily loaded with blue-chip benefit, Gardner led the congregation

11 hedge funds, the size of the average funds under management of $ 6.927 billion. Remove the new season raised Advent Capital Management, 6 to achieve a positive return in the third quarter of 10 hedge funds. The performance of the best Gardner Russo & Gardner relatively cautious investment style plate changes in addition to Masukura non-essential consumer goods (automobiles, retail, building materials belong to this section) and to lighten up the consumer discretionary sector, position changes in the proportion of the remaining plates are within plus or minus 0.3 % range. Throughout the third quarter, the three major U.S. stock index rose about 6%, Gardner Russo & Gardner positions mainly blue chips, the fund with broader market rally lock the optimal revenue in 10 hedge funds, market capitalization rose 8.85%.

Alternative energy by bullish, hedge funds jiacang shale oil and gas

Columbus Circle Investors market value of the third quarter, up 7.05%, the market value of the fund to $ 13 billion, is the largest 135 hedge funds, the Fund Iridian Asset Management, Acadian Asset Management, and Cambiar Investors, and the energy sector as the third quarter Masukura focus, few funds make a small fortune in energy sector investment, of which only three quarters of the market value has shrunk Cambiar Investors, burned by $ 74 million due to Shigekura see empty Medtronic medical failure. Other funds, QS Investors also highly leveraged investment Philip 66 Warren Buffett purchased a net profit of $ 38 million. Further broken down these funds jiacang the energy stocks can be found that are basically mainly of shale oil and gas stocks. From the U.S. to China, the global alternative energy heat really is the main theme of the investment in the third quarter. And in terms of reduction of the plate totally different idea of ​​the funds, the Wall Street plate data from the third quarter, industrial, consumer goods and communications segment must relatively weak performance.