Hedge Funds Rack Up Large Returns in 2020 With Some Acquainted Names

Let the bonuses stream. Stocks favored by hedge funds blew out the doorways in 2020, returning 32% by means of Nov. 19. That was 20 points higher than the 12% acquire for the S&P 500 index in that interval, the most effective exhibiting by hedge funds since 2001, in keeping with Goldman Sachs.

Hedge funds report their holdings to the Securities and Alternate Fee each quarter, which Goldman Sachs analysts then compile. Their “Hedge Fund VIP” basket consists of stocks most ceaselessly discovered within the high 10 holdings of 814 hedge funds managing $2.four trillion….