Reuven Capital Up Nearly 40% After Big Q3

Oct 28 2013 | 12:00pm ET

Reuven Capital Investments must have been sad to see the third quarter go.

The New York-based hedge fund returned 29.92% in July, August and September, including a 17.2% surge in the latter, ValueWalk reports. The firm's flagship fund is now up 38.98% on the year.

In its letter to investors, Reuven noted that one of its largest long positions, in organic food company SunOpta, received a large amount of coverage in September. "With four new analyst reports and one top fund manager at Gabelli mutual funds highlighting the company on CNBC as a top pick in the last month, we're please someone is finally listening to our simple instructions," the firm wrote.

Reuven also touted its long position in Advanced Micro Devices, and a new short position in MercadoLibre, the "eBay of Latin America," which Reuven says is severely overvalued.


In Depth

Hedge Fund Veteran Peter Borish Talks Trading

Dec 17 2014 | 9:32am ET

Peter Borish says 2014 was “tricky” from a trading perspective. “The best...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.