# hedge fund (blogs) — RSS Amplifier Recent posts from the 20 feeds in the RSS Amplifier directory that cover hedge fund. Page: Feed: --- ## [Treasury buybacks - what does it mean?](http://mrzepczynski.blogspot.com/2026/08/treasury-buybacks-what-does-it-mean.html) _2026-08-22 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ Treasury Secretary Bessent announced a Treasury buyback program, an increase in an existing program, amid much market discussion about its objectives and what it means. Investors should note that this does not change the size of the deficit or the Treasuries outstanding. It may change the debt’s composition and will affect the spread between on-the-run and off-the-run bonds. For the Treasury… ## [Treasury buybacks - A history](http://mrzepczynski.blogspot.com/2026/08/treasury-buybacks-history.html) _2026-08-22 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ The Treasury announced an increase in its Treasury buyback program from $2 to $4 billion per operation. This is not the first time buybacks have been used to support the Treasury market, yet this action suggests plumbing problems in the Treasury market. Past buybacks have focused on ensuring more Treasury market liquidity. We expect the same for this program, but it also means the Treasury will be… ## [This week’s top stock pitches from investment newsletters.](https://hfbestideas.substack.com/p/this-weeks-top-stock-pitches-from) _2026-08-22 · HF Best Ideas_ Stock Analysis Compilation #143 ## [Prime Brokerage Explained: The Hidden Layer That Lets Every Hedge Fund Function](https://youngandcalculated.substack.com/p/prime-brokerage-explained-the-hidden) _2026-08-22 · Quant Enthusiasts · Quant Enthusiasts_ The financing layer that decides how much risk a fund carries, what it costs, and how fast it gets taken away ## [Citadel offloads 80% of Situational Awareness portfolio](https://www.hedgeweek.com/citadel-offloads-80-of-situational-awareness-portfolio/) _2026-08-21 · Tom Watkins · Hedgeweek_ Citadel has sold more than 80 per cent of the positions it acquired from Situational Awareness, following the AI-focused hedge fund’s near-collapse during last month’s technology sell-off, according to a report by the FT. ## [Stay Private Mike Bloomberg](https://rupakghose.substack.com/p/stay-private-mike-bloomberg) _2026-08-21 · Rupak Ghose · Rupak's Substack_ Private ownership is a competitive advantage as terminal king faces disruption ## [How a Trade Actually Reaches the Market: From Signal to Order to Exchange](https://youngandcalculated.substack.com/p/how-a-trade-actually-reaches-the) _2026-08-21 · Quant Enthusiasts · Quant Enthusiasts_ The eight handoffs between a model output and a matching engine, and the cost each one imposes ## [Alternative Views Aline Carnizelo](https://www.hedgeweek.com/alternative-views-aline-carnizelo/) _2026-08-21 · Tom Watkins · Hedgeweek_ In Alternative Views Hedgeweek®,goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Aline Carnizelo, CEO of Frontier Commodities. A $1bn + long/short commodity shop just two years after inception. ## [Hedge fund tax breaks reignite Singapore-Hong Kong rivalry](https://www.hedgeweek.com/hedge-fund-tax-breaks-reignite-singapore-hong-kong-rivalry/) _2026-08-21 · Tom Watkins · Hedgeweek_ Singapore and Hong Kong are stepping up their battle to attract hedge funds and the people who run them, with tax incentives emerging as the latest weapon in the competition between Asia’s two financial centres, according to a report by the Business Times. ## [Quant hedge funds hit two-year performance low](https://www.hedgeweek.com/quant-hedge-funds-hit-two-year-performance-low/) _2026-08-21 · Tom Watkins · Hedgeweek_ TOP STORY: Quantitative hedge funds suffered their sharpest daily decline in more than two years ton Wednesday as violent market rotations battered momentum strategies, adding to pressure on systematic managers following last month’s technology sell-off, according to a report by the Financial Times. ## [Crush Every Threat in Real Time (Sponsored)](https://crawlproof.com/a/XDP9BphaueU3) _2026-08-21 · **Sponsored**_ One agent for real-time detection, exposure tracking, and active defense. ## [Hedge funds suffer historic July setback as AI trade unravels](https://www.hedgeweek.com/hedge-funds-suffer-historic-july-setback-as-ai-trade-unravels/) _2026-08-21 · Tom Watkins · Hedgeweek_ Hedge funds endured their sharpest monthly underperformance against the S&P 500 in more than two decades in July, as a reversal in AI stocks forced managers to cut positions and reduce exposure to some of the market’s most crowded trades, according to a report by CNBC citing data from Goldman Sachs. ## [Deutsche Bank steps up energy trading push with senior hires](https://www.hedgeweek.com/deutsche-bank-steps-up-energy-trading-push-with-senior-hires/) _2026-08-21 · Tom Watkins · Hedgeweek_ Deutsche Bank is rebuilding its energy trading franchise with a series of senior appointments, marking a significant expansion of its commodities capabilities more than a decade after the German lender largely retreated from the sector, according top a report by Bloomberg. ## [DE Shaw builds $1bn-plus Sysco position](https://www.hedgeweek.com/de-shaw-builds-1bn-plus-sysco-position/) _2026-08-21 · Tom Watkins · Hedgeweek_ DE Shaw has accumulated a stake worth more than $1bn in Sysco, adding significant weight to the hedge fund’s long-standing investment in the US food distribution giant as the company seeks to accelerate growth and cut costs through AI, according to a report by Reuters. ## [Bessent faces bond-market test as Treasury tries to rein in long-term yields](https://www.hedgeweek.com/bessent-faces-bond-market-test-as-treasury-tries-to-rein-in-long-term-yields/) _2026-08-21 · Tom Watkins · Hedgeweek_ US Treasury secretary Scott Bessent is taking on increasingly sceptical bond investors as Washington attempts to contain rising borrowing costs in the $32tn Treasury market without addressing the deeper fiscal pressures driving yields higher, according to a report by then Financial Times. ## [Arini hedge fund falls 8% in July as credit bets turn sour](https://www.hedgeweek.com/arini-hedge-fund-falls-8-in-july-as-credit-bets-turn-sour/) _2026-08-21 · Tom Watkins · Hedgeweek_ Hamza Lemssouguer’s Arini Capital Management suffered a sharp setback in July, with its flagship hedge fund falling about 8% after several credit positions moved against the London-based manager, according to a report by Bloomberg citing unnamed people familiar with the results. ## [AI"s Bar Mitzvah Moment: From Hype & Hope to Business Questions!](https://aswathdamodaran.blogspot.com/2026/08/ais-bar-mitzvah-moment-from-hype-hope.html) _2026-08-20 · Aswath Damodaran · Musings on Markets_ In a world where AI enters almost every conversation, it takes effort to remember that its breakout moment was less than four years ago, when, on November 30, 2022, ChatGPT was unveiled to the public. I know! I know! Artificial intelligence has been around a lot longer, with a history tracing back to the birth of the computer age. I am old enough to remember IBM's Deep Blue, a machine powerful… ## [What Leverage Actually Is in a Hedge Fund: Gross, Net, and Why 6x Is Normal](https://youngandcalculated.substack.com/p/what-leverage-actually-is-in-a-hedge) _2026-08-20 · Quant Enthusiasts · Quant Enthusiasts_ A fund at 4x was liquidated in July. Platforms at 11x lost around 2%. The arithmetic behind that gap. ## [Building the quantitative infrastructure for the next generation of institutional markets](https://www.hedgeweek.com/building-the-quantitative-infrastructure-for-the-next-generation-of-institutional-markets/) _2026-08-20 · Tom Watkins · Hedgeweek_ Katia Babbar, CEO of Immersive Finance, discusses the changing demands of institutional derivatives markets and why quantitative infrastructure is becoming critical to the next generation of investment workflows. ## [A Cracked Quant’s Guide to Trading Halts](https://www.alphanume-research.com/p/a-cracked-quants-guide-to-trading) _2026-08-20 · Alphanume Research · Alphanume Research_ Turning literal “exit liquidity” into a low-hanging fruit edge. ## [Get Ready: Crypto Is Waking Up](https://arbletter.arbitrageandy.us/p/get-ready-crypto-is-waking-up) _2026-08-20 · Arbitrage Andy · ARB Letter_ 580: The Next Crypto Supercycle Starts Here ## [Brisk AI News Briefings (Sponsored)](https://crawlproof.com/a/3yzB1g5p1y2g) _2026-08-20 · **Sponsored**_ Read AI summaries and listen to audio briefings for top stories. ## [Two Sigma lost major investor amid founders’ long-running dispute](https://www.hedgeweek.com/two-sigma-lost-major-investor-amid-founders-long-running-dispute/) _2026-08-20 · Tom Watkins · Hedgeweek_ Two Sigma Investments lost a major investor in 2023 amid the long-running dispute between billionaire co-founders John Overdeck and David Siegel, according to a report by Bloomberg citing testimony from Overdeck in his ongoing divorce proceedings. ## [Standard Chartered expands hedge fund push as wealth clients seek volatility protection](https://www.hedgeweek.com/standard-chartered-expands-hedge-fund-push-as-wealth-clients-seek-volatility-protection/) _2026-08-20 · Tom Watkins · Hedgeweek_ Standard Chartered is increasing its focus on hedge fund strategies as it encourages wealth management clients to diversify portfolios and reduce their exposure to volatile markets, according to a report by Reuters. ## [Rokos and Brevan Howard hit by July volatility](https://www.hedgeweek.com/rokos-and-brevan-howard-hit-by-july-volatility/) _2026-08-20 · Tom Watkins · Hedgeweek_ TOP STORY: Rokos Capital Management and Brevan Howard Asset Management were among a group of prominent hedge funds to suffer losses in July as sharp swings in artificial intelligence stocks disrupted strategies across the industry, according to a report by Bloomberg. ## [Ackman donates $400m Pershing Square take to fund new brain institute](https://www.hedgeweek.com/ackman-donates-400m-pershing-square-take-to-fund-new-brain-institute/) _2026-08-20 · Tom Watkins · Hedgeweek_ Hedge fund billionaire Bill Ackman and his wife, Neri Oxman, are donating 10 million shares in Pershing Square to help establish a major new brain research and rehabilitation centre in New York, according to a report by Bloomberg. ## [Oasis pushes Kakaku.com for higher takeover price amid EQT, Bain bidding war](https://www.hedgeweek.com/oasis-pushes-kakaku-com-for-higher-takeover-price-amid-eqt-bain-bidding-war/) _2026-08-20 · Tom Watkins · Hedgeweek_ Activist hedge fund firm Oasis Management is pressing Kakaku.com to seek a higher takeover price as a bidding contest for the Japanese online platform continues, according to a report by Investing.com. ## [Hudson River Trading racks up record $11.4bn revenue amid market volatility](https://www.hedgeweek.com/hudson-river-trading-racks-up-record-11-4bn-revenue-amid-market-volatility/) _2026-08-20 · Tom Watkins · Hedgeweek_ Hudson River Trading generated a record $11.4bn in trading revenue in the second quarter as sharp market moves, including turbulence in AI-related stocks, created lucrative opportunities for the proprietary trading firm, according to a report by the Financial Times. ## [Capula adds energy traders from Freepoint and Element Alpha](https://www.hedgeweek.com/capula-adds-energy-traders-from-freepoint-and-element-alpha/) _2026-08-20 · Tom Watkins · Hedgeweek_ Capula Investment Management has hired two experienced energy traders as the hedge fund expands its presence in energy and commodities markets amid heightened volatility across the sector, according to a report by Bloomberg. ## [Cantor opens Kalshi prediction markets to hedge funds](https://www.hedgeweek.com/cantor-opens-kalshi-prediction-markets-to-hedge-funds/) _2026-08-20 · Tom Watkins · Hedgeweek_ Cantor Fitzgerald is preparing to give its institutional clients, including hedge funds and family offices, access to Kalshi’s prediction markets as demand grows for event-based instruments that can be used for both trading and hedging, according to a report by the Wall Street Journal. ## [Balyasny taps former BlackRock credit chief](https://www.hedgeweek.com/balyasny-taps-former-blackrock-credit-chief/) _2026-08-20 · Tom Watkins · Hedgeweek_ Balyasny Asset Management has hired Daniel Chen from BlackRock to lead a new team specialising in US investment-grade corporate credit, according to a report by Bloomberg citing an unnamed person familiar with the move. ## [50 new pitches found in hedge fund reports this week](https://hfbestideas.substack.com/p/50-new-pitches-found-in-hedge-fund-124) _2026-08-19 · HF Best Ideas_ Hedge funds' best ideas #109 - Q2'26 Pitches ## [Watch chovy live code (Sponsored)](https://crawlproof.com/a/axk7bHQWeS8i) _2026-08-19 · **Sponsored**_ Join Mosh Coding streams with collaborative screen sharing and remote control, open source. ## [“Is this the next Madoff?”](https://thewallstreetskinny.substack.com/p/is-this-the-next-madoff) _2026-08-19 · The Wall Street Skinny · The Wall Street Skinny_ Why the $12.5 billion Lakers sale is ACTUALLY the craziest private credit scandal of the year. ## [The Difference Between a Hedge Fund, a Prop Shop, and a Market Maker, Explained in Full](https://youngandcalculated.substack.com/p/the-difference-between-a-hedge-fund) _2026-08-19 · Quant Enthusiasts · Quant Enthusiasts_ One firm booked $39.6bn with 3,500 people. Another runs $87bn of someone else's money. The difference decides your compensation. ## [Short-term trend trading and liquidity - stay away from small tick contracts](http://mrzepczynski.blogspot.com/2026/08/short-term-trend-trading-and-liquidity.html) _2026-08-18 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ The paper, “Is Trend Still Your Friend: A microstructural account of the demise of short-term trend-following” , is important research on why trend-following may not work over short horizons. While trend-following seems to span time, there are exceptions. Since 2009, there has been no profit to be had from short-term trend trading. This paper documents the break in short-term trend trading and… ## [Japan and the big carry trade](http://mrzepczynski.blogspot.com/2026/08/japan-and-big-carry-trade.html) _2026-08-18 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ The yen carry trade has existed for decades. Borrow in cheap Japanese funding markets, sell yen, and then buy the currency of a high-yielding market in some other currency. Of course, hedging and risk management add layers, but the overall strategy is straightforward. Everything works until it does not, because of two things: 1) rates in Japan increase relative to the rest of the world, the yield… ## [Hedge funds and Treasuries - An unholy alliance](http://mrzepczynski.blogspot.com/2026/08/hedge-funds-and-treasuries-unholy.html) _2026-08-18 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ This may seem obvious, but hedge funds dominate a significant portion of Treasury trading. Their exposure exceeds that of mutual funds, and their behavior strongly affects market direction. These are not the same bond vigilantes of long ago, but a breed of arbitrageurs and directional traders ready to go long or short based on small market deviations. They are both liquidity takers and makers.… ## [Is Jane Street a hedge fund or a PTF?](https://rupakghose.substack.com/p/is-jane-street-a-hedge-fund-or-a) _2026-08-18 · Rupak Ghose · Rupak's Substack_ A PTF with “hedge fund like” characters ## [Big losses - big mistakes in finance from leverage](http://mrzepczynski.blogspot.com/2026/08/big-losses-big-mistakes-in-finance-from.html) _2026-08-18 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ There are some common themes when it comes to large losses in finance - leverage kills. We cannot say that it is always the case, but a review of the biggest trading losses seems linked to excess leverage. Too much risk with a surprise event, and you have a recipe for losses. This will happen with funds and financials, and if we dig into corporate losses, we will find a link to leverage. What is… ## [Here's What Hedge Funds Bought in Q2 2026](https://hedgevision.substack.com/p/heres-what-hedge-funds-bought-in-558) _2026-08-18 · Hedge Vision · Hedge Vision_ Portfolio updates on Druckenmiller, Tepper, Situational Awareness, and more ## [The Full Taxonomy of Quant Strategies: Stat Arb, Trend, Market Making, Vol, and Everything Between](https://youngandcalculated.substack.com/p/the-full-taxonomy-of-quant-strategies) _2026-08-18 · Quant Enthusiasts · Quant Enthusiasts_ Four payments, five strategy families, and the reason they all drew down together in March ## [0-DTE Income ETFs Are a Disaster... Sort Of.](https://www.alphanume-research.com/p/0-dte-income-etfs-are-a-disaster) _2026-08-18 · Alphanume Research · Alphanume Research_ A year of income so good the fund nearly ran out of fund. ## [Everything That Matters Between Now and 2027](https://arbletter.arbitrageandy.us/p/everything-that-matters-between-now) _2026-08-18 · Arbitrage Andy · ARB Letter_ 578: Four Months That Could Change Everything ## [Fed balance sheet - More work to do](http://mrzepczynski.blogspot.com/2026/08/fed-balance-sheet-more-work-to-do.html) _2026-08-17 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ The issue that has been important to Fed Chairman Warsh has been the Fed balance sheet. There still isn't enough focus on the dynamics of changes in the balance sheet, inflation, and credit. Total Fed assets are still more than 6 times higher than before the Great Financial Crisis, which was well over 15 years ago. Now, Fed regulatory rules have changed, so the total assets may be much higher for… ## [Peter Lynch on stop-loss](http://mrzepczynski.blogspot.com/2026/08/peter-lynch-on-stop-loss.html) _2026-08-17 · Mark Rzepczynski · Disciplined Systematic Global Macro Views_ Selling your winners and holding your losers is like cutting the flowers and watering the weeds - Peter Lynch Peter Lynch was not a quant or a trend-follower, so it may seem odd that he is talking about trend-following fundamentals, yet the premise of Lynch's argument is clear even for fundamental investors. Hold your good companies and get rid of the bad ones. This does not always have to be… ## [The Whole Buy-Side vs Sell-Side Map: Who Sits Where and What Each Side Actually Does](https://youngandcalculated.substack.com/p/the-whole-buy-side-vs-sell-side-map) _2026-08-17 · Quant Enthusiasts · Quant Enthusiasts_ Non-bank liquidity providers held 1.6% of global trading revenue in 2010. They now hold 20%, and the old map no longer describes the industry. ## [The Full Map of Hedge Fund Types: Multi-Manager, Single-Manager, Macro, Quant, Activist, and Credit Explained](https://youngandcalculated.substack.com/p/the-full-map-of-hedge-fund-types) _2026-08-16 · Quant Enthusiasts · Quant Enthusiasts_ Citadel's funds produced $56.8bn in gross gains and investors kept $30bn. The gap explains the entire platform model. ## [A Cracked Quant’s Guide to Beating the SEC’s Feed](https://www.alphanume-research.com/p/a-cracked-quants-guide-to-beating) _2026-08-16 · Alphanume Research · Alphanume Research_ I asked EDGAR for a filing that didn’t exist yet, and eventually it said yes. ## [I Rebuilt a $1.1 Million Spoofing Scheme From Public Data](https://www.alphanume-research.com/p/i-rebuilt-a-11-million-spoofing-scheme) _2026-08-15 · Alphanume Research · Alphanume Research_ Every fake order and every real fill, timestamped, sitting where anyone could have looked. ## [Researcher vs PM vs Trader: The Three Pay Curves and the Point You Have to Choose One](https://youngandcalculated.substack.com/p/researcher-vs-pm-vs-trader-the-three) _2026-08-15 · Quant Enthusiasts · Quant Enthusiasts_ Payout percentages, drawdown limits and turnover rates at Citadel, Millennium and Jane Street, and the year the choice closes ## [Jane Street is a hedge fund, stop calling it a market maker](https://rupakghose.substack.com/p/jane-street-is-a-hedge-fund-stop) _2026-08-15 · Rupak Ghose · Rupak's Substack_ $15bn trading losses in July but up $40bn this year ## [CARRY UNWIND?](https://news.polymarket.com/p/carry-unwind) _2026-08-14 · Polymarket · The Oracle by Polymarket_ Is the biggest leveraged trade on earth about to reverse?