Hedge Fund All-Stars Revealed: Sector, Quant and Long/Short Equity Funds Outperform

April 17th, 2016
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While equity hedge funds had a tough quarter overall, falling by -0.2%, several of the top investment styles managed to outperform. Leading the way were Sector Focused hedge funds, which saw their assets increase by 9.8% quarter-over-quarter. The top performing sector styles were Tech, TMT, Healthcare and Biotech focused funds, which were collectively able to lift the sector specific class, despite the less than stellar performances by Commodities, Energy and Financials focused funds. Leading the top sector focused gainers were Tech-focused Tiger Global Management, biotech-focused RA Capital Management and healthcare-focused Cormorant Asset Management.

Quant funds also had a strong quarter, realizing gains of 5.1%. Helping quant funds outperform for the quarter were London-based AHL Partners, NYC-based Element Capital Management and Fort Worth-based Wildcat Capital Management

Long/Short Equity funds were up 4.7% Q-O-Q, thanks largely to hedge funds with a global equity focus, which saw their assets surge by 9.4%. Leading the top long/short equity funds overall were Suvretta Capital Management, Ardevora Asset Management and Hitchwood Capital Management. Notably, James Crichton’s Hitchwood is also a top ranked fund on the top TMT and top Emerging Equity hedge fund rankings lists.

Hedge Tracker releases a series of top hedge fund lists on a quarterly basis. To view the Top 300 Equity Hedge Fund list in its entirety, please visit Hedge Tracker’s Premium Hedge Fund Portal.
For Detailed Investor Profiles on these Investors, click below:
Cormorant Asset Management LLC
Hitchwood Capital Management
Man Group plc
RA Capital Management
Tiger Global Management
Related People: Bihua Chen (CEO); Chase Coleman; David Sanford; Dr. Peter Kolchinsky; Emmanuel Roman; Feroz Dewan; Guy Baron; James Crichton; Jon Aisbitt; Julian Robertson; Lu Chen; Michael Wrick; Neeraj Chandra
Related Entities: ; Cormorant Global Healthcare Fund LP; Cormorant Global Healthcare GP LLC; Cormorant Private Healthcare GP LLC; Cormorant Private Healthcare Offshore Fund I LP; AHL; BlueCrest Capital Management; Cormorant Global Healthcare Master Fund LP; Entrepreneur's Guide to a Biotech Startup; GLG Partners; Hitchwood Capital ll; Hitchwood Capital Ltd; Hitchwood Capital Master Fund; Man Global Strategies; Man Investments; RA Capital Biotech Fund II LP; RA Capital Biotech Fund LP; Tiger Global Funds; Tiger Management Corporation; Tiger Technology LP
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Featured Reports; Hedge Fund Launches and Hedge Fund Closings

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