Hedge Fund - Lone Pine Capital

Everybody is talking about Bill Ackman's nearly $2 billion losses in Valeant (VRX). Valeant isn't the only stock that is costing hedge funds billions.

The returns of the U.S. equity markets  were quite disappointing in the third quarter, wiping most of the gains registered before and offsetting the year-to-date returns of all major indices.

The recent broader market selloff has put significant downward pressure on the shares of Cheniere Energy Inc. (NYSEMKT:LNG), which have lost more than 23% over the past month.

Julian Robertson was one of the prime forces that helped nurture the hedge fund industry in the United States.

Stephen Mandel’s Lone Pine Capital acquired 8.35 million shares of Horizon Pharma PLC (NASDAQ:HZNP) on July 17, 2015, according to a recent 13G filing made by the hedge fund.

We are 3 weeks away from the 13F filing deadline but it seems like hedge funds are exiting their bets in favor of other mega-cap tech companies.

As reported in a recently filed Schedule 13G form, Stephen Mandel’s Lone Pine Capital owns 6.34 million shares in Charter Communications Inc.

After collating the 13F filings submitted by hedge funds for the period ended March 31, 2015, a lot of details have been unearthed, some of which cannot be readily noticed by simply looking at the figures...

High-ranking investment managers often show similar interest in stock investments with common positions in multiple companies.