Senvest Stumbles In May, But Still Enjoying Another Good Year

Senvest Partners stumbled again in May, down 2 percent after stumbling in April but is nonetheless up 6.5 percent on the year, posting year to date returns slightly ahead of the S&P 500 (INDEXSP:.INX), which was up just 5 percent, according to a Senvest investor letter reviewed by ValueWalk. The average hedge fund is up 3.18% YTD according to Eurekahedge, with a large portion of that return coming in the month of June. Senvest Partners returns comparison After posting a 79 percent return in 2013 this high flying hedge fund – which posted +229 percent in 2009 and +168 percent…