Paul Tudor Jones Betting On Emerging Markets, Pepsi, Facebook, More

Paul Tudor Jones, the founder of Tudor Investment Corp, is also known as the “legendary macro trader”. He focuses on equity, venture capital, debt, currency, and commodity markets. His fund had a 13F portfolio value of $4.26 billion as at the end of September 2016 and invests mostly in sectors such as healthcare, technology, financial and services. The fund laid off around 15% of its staff during the second quarter after suffering losses and investor withdrawals amounting to $700 million. Let us take a close look at some of Tudor Investment Corp’s biggest moves during the third quarter.

At Insider Monkey, we’ve developed an investment strategy that has delivered market-beating returns over the past 12 months. Our strategy identifies the 100 best-performing funds of the previous quarter from among the collection of 700+ successful funds that we track in our database, which we accomplish using our returns methodology. We then study the portfolios of those 100 funds using the latest 13F data to uncover the 30 most popular mid-cap stocks (market caps of between $1 billion and $10 billion) among them to hold until the next filing period. This strategy delivered 18% gains over the past 12 months, more than doubling the 8% returns enjoyed by the S&P 500 ETFs.

iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) was amongst one of the top buys by Tudor during the third quarter. Tudor Investment Corp reported buying 1,867,000 shares of this stock, valued at $69.9 million during the quarter. The ETF seeks investment results that correspond to the price and yield performance of MSCI Emerging Markets Index. The ETF which has an expense ratio of 0.69% and has the largest allocation of 26.88% to Chinese companies. Its top ten holdings were Information Technology companies. 114 funds created new positions while 270 funds added to an existing position of iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) during the third quarter. In all 33 hedge funds from our system held shares worth $3.89 billion in this stock during the third quarter.