Key Takeaways
- • Tiger Global's flagship hedge fund lost 8.5% in October, leaving its year-to-date return roughly flat amid artificial intelligence investment worries.
- • Whale Rock's flagship fund fell about 8% in October but remains up about 34% for the year.
- • D1 Capital Partners' equity portfolio declined 4.4% in October and is up 18.8% year to date.
- • Atreides Management's flagship fund lost 9.5% in October but remains up about 43% for the year.
- • Coatue Management's hedge fund gained 0.2% in October, one of the few stock-picking funds with a positive month.
Summary
Whale Rock's flagship fund fell about 8% during the month, though it remains up about 34% for the year. D1 Capital Partners' equity portfolio declined 4.4% in October and is up 18.8% year to date. Atreides Management's flagship fund lost 9.5% during the month but remains up about 43% for the year.
Coatue Management's hedge fund was one of the few stock-picking funds to post a gain, rising 0.2% in October. The firms declined to comment on their performance.
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