Activist Investors and Leading Hedge Funds display their mutual Love for Consumer Discretionary Stocks
|July 29th, 2015||
|The latest list of largest Consumer Discretionary hedge fund investors has been released, with the top funds reportedly managing $176 billion in Consumer Discretionary stocks. While there were familiar names headlining the top of the list, the top investors in the sector based on percentage of total equity assets invested in Consumer Discretionary is, interestingly, four activist investors
with heavily concentrated positions: H Partners Management (94% of equity assets in Consumer Discretionary), ESL Investments (87%), The Children's Investment Fund Mgmt (82%) and MHR Fund Management (77%).|
activist investor founded by Rehan Jaffer, an alum of Daniel Loeb’s Third Point. H Partners currently holds 94% of its equity assets under management in four Consumer Discretionary companies, including 59.2% of its portfolio in Six Flags Inc (SIX), 26.1% in Tempur-Pedic International (TPX), 4.6% in Remy International Inc (REMY), and 4.5% in Boyd Gaming Corp (BYD).
Leading the list overall are Citadel Investment Group ($10.6B in Consumer Discretionary Assets), D.E. Shaw & Co ($7.9B), Lone Pine Capital ($6.9B), AQR Capital Management LLC ($7.1B), and Millennium Management ($6.5B).
Hedge Tracker releases a series of top hedge fund lists on a quarterly basis. The Top 100 Consumer Discretionary Hedge Funds list is based on the top hedge funds investing in the Consumer Discretionary sector, ranked by their U.S. Consumer Discretionary equity assets under management. To view the Top Consumer Hedge Fund list in its entirety, please visit the Top Hedge Fund List ranking portal.
For Detailed Investor Profiles on these Investors, click below: