Aristides Fund LP was up 1.61% for April, while Aristides Fund QP, LP gained 1.54%. On a year-to-date basis, LP is down 6.02%, while QP, LP is down 5.24%. In his April letter to investors, which was reviewed by ValueWalk, managing member Christopher Brown said they estimate their positive-level alpha for last month at about 100 basis points. Q1 2020 hedge fund letters, conferences and more He added that the fund was only about 12.5% net long for the first half of the month before trimming the exposure even more to 0% to 5% net long in the last 10…
This fund covered its Tesla short.. and then shorted it again
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.