Hedge funds are a quick and easy way to diversify your portfolio, but you have to choose which ones would match best with your investment style. These are some of the top hedge funds of this year that have seen incredible returns.
Sun Valley Gold
Sun Valley Gold is one of the recent hedge funds that are performing very well. Founded in 1999, this firm invests exclusively in metals and mining industries. It has over $1 billion in assets under management and has a portfolio value of $381 million. This quarter, there has been a change of +0.61%. The majority of the activity is coming from Penn Virginia GP Holdings L.P. with a 12.83% port and over 4 million shares.
Kopernik Global Investors
Kopernik Global Investors has remained bullish in the industry and has seen an increase in value along the way. Investing in gold created a major increase in profits and recorded gains of 33% during the first quarter of the year. The majority of its assets come from Cameco Corp, which is continuously raising. Currently, this portfolio is recorded at $565 million with a change this quarter still rising at +1.05%.
Whetstone Capital Advisors
Whetstone Capital Advisors is a value-oriented, long/short hedge fund that focuses on investing in industries that benefit from secular growth. The fund started in 2010 with $13 million in seed money, and it turned about a third of its long value positions into short positions. This quarter, it has seen a +1.13% thanks to the investments in Energy Transfer Equity, which saw a +93% increase this quarter. Whetstone Capital Advisors is valued at $170 million and is continuously on the rise.
Q Investments (Specter Holdings)
Q Investments, managed by Geoffrey Raynor, heavily invested in the technology sector this quarter, but the bulk of its investments went toward real-estate. It worked out quite well for this hedge fund as it’s seen a +0.40% this quarter alone. The portfolio value of this edge is $34 million with the majority of profit coming from Cameron International Corp, Cumulus Media Inc., and Noble Energy Inc.
Encompass Capital Advisors
Encompass Capital Advisors is headquartered in New York City and began in late 2011 with $100 million in assets under management. Since then, it has grown at an exponential rate and now has a portfolio value of $337 million, and it isn’t stopping there. This hedge fund is still on the rise and saw a +1.19% change this quarter. The majority of the securities come from Anadarko Petroleum Corp, Energen Corp, and Newfield Exploration Co.
Brenham Capital Management
Brenham Capital Management has seen major increases this quarter after investing heavily in Callon Petroleum Company. This quarter alone, this hedge fund saw a +1.56% change and the portfolio value raised to $725 million. Despite purchasing so many shares in Callon, the majority of the company is invested in Newfield Exploration Co.—which saw a 900% increase since last quarter. The largest security in Brenham Capital Management is RSP Permian, Inc., which saw a 17% increase.
