There were rumours a couple of weeks ago that John Thaler’s JAT Capital might be liquidating some positions because of big losses he took as some big momentum stocks plunged unexpectedly.The $3 billion fund recently took a big position in Netflix, for example, which has seen better days.
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/6163935561/”] JAT Capital, John Thaler’s tech-focused ~$1 billion hedge fund, just reported that they’re now a big holder of Netflix.They’ve owned a bunch of Netflix for a while, but now they own 7.6% of the company, according to a new 13G filing.
While others are getting crushed while the stock crash wipes out much of their small gains this year (or adds to their losses), hedge fund managers John Thaler and Chase Coleman are performing well.They’re up about as much as Paulson’s Advantage funds are down this year. (But of course, Paulson’s […]