The Top Five Hedge Fund Stocks on the Decline
Yesterday's market rout left most investors feeling helpless -- hedge funds, included. Five names continue to batter them today.
Symmetric.io looked at its index of high-hedge-fund-ownership names to assess which company-moves had the greatest impact on hedge fund managers. The Symmetric Hedge Fund Concentration index tracks a basket of companies in which hedge funds hold the highest percentage of the publicly traded equity. Market movement among these companies will disproportionately impact hedge fund investors, over and above other institutions.
Whiting Petroleum Corp. (WLL)
Down 4.6% as of this morning
Key hedge fund owner: Caymus Capital Partners
Realogy Holdings Corp. (RLGY)
Down 3.99% as of this morning
Key hedge fund owner: Manor Road Capital Partners
The Goodyear Tire & Rubber Company (GT)
Down 2.6% as of this morning
Key hedge fund owner: Lonestar Capital Management
Restaurant Brands International Inc. (QSR)
Down 2.25% as of this morning
Key hedge fund owner: Pershing Square
Air Products and Chemicals, Inc. (APD)
Down 2.2% as of this morning
Key hedge fund owner: Pershing Square
For in-depth hedge fund reports on these and other managers, go to Symmetric.io
