These get hold of been amongst the ultimate hedge-fund winners and losers in January as GameStop mania upended markets

• Hedge funds started 2021 within the spotlight after a trading frenzy in GameStop resulted in excessive losses for Melvin Capital.
• These are amongst the winning and shedding hedge funds within the month of January, in accordance to Bloomberg.
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Hedge funds get hold of been thrown into the spotlight this month after a Reddit discussion board known as WallStreetBets sparked a huge instant-squeeze rally in shares of GameStop and AMC Leisure.

The switch in GameStop upended hedge funds that get hold of been instant shares of the video-sport retailer. The instant commerce proved to be a favored wager given the high instant space within the stock on the commence of the year.

Melvin Capital became one hedge fund that suffered unsightly losses stemming from a instant wager on GameStop, with the fund shedding 53% within the month of January. Melvin within the kill got a $2.8 billion emergency investment from hedge fund billionaires Steve Cohen of Point72 and Ken Griffin of Fortress. 

Maplelane Capital, one more hedge fund that became instant shares of GameStop, fell 45% by strategy of January 27.

Listed right here are the winning and shedding hedge funds amid the GameStop mania within the month of January, in accordance to Bloomberg.

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Winners

1. Glenview Capital Management

January Assemble: 6.4%

AUM: $3.5 billion

2. Falcon Edge Capital

January Assemble: 4.2%

AUM: $4 billion

3. Heard Capital

January Assemble: 3.2%

AUM: $325 million

4. ExodusPoint

January Assemble: 1.2%

AUM: $13.3 billion

5. Verition

January Assemble: 1.2%

AUM: $3 billion

6. Schonfeld Strategic Advisors

January Assemble: 0.9%

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Losers

1. Fortress

January Loss: 3%

2. Greenlight Capital

January Loss: 11.1%

3. Honeycomb Asset Management

January Loss: 4%

AUM: $1.2 billion

4. Renaissance Quant Fund

January Loss: 9.5%

5. Maplelane Capital

January Loss (by strategy of January 27): 45%

6. Melvin Capital

January Loss: 53%

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