HG Vora Capital Management posted a net return of 0.1% for the third quarter, bringing its year-to-date return to 7.7%. The fund’s credit strategies detracted 0.6%, while its equity strategies returned 1% to its gross return of 0.4% for the quarter. Q3 2019 hedge fund letters, conferences and more The biggest positive contributor to the fund’s performance during the third quarter was a short position in a real estate investment trust which partially reversed course and fell 24.6% after detracting from performance in the first half of the year. At the end of the third quarter, 9.6% of HG Vora’s…
HG Vora bought these bonds and stock
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.