Short Exposure Bails Out Jana Partners in AugustMark Melin
In the wake of a profitable sale of Whole Foods, where Jana Partners LLC was reported to have made a $320 million profit, or a 40% return on its initial investment, it was the hedge fund’s short exposure that delivered performance in August, according to a letter to investors reviewed by ValueWalk.
Top five long exposures drag on Jana Partners LLC performance as short exposure positive
The Long / Short activist hedge fund . . .
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