Senvest Up 79.4% Through Doubling Stocks

Mar 26 2014 | 1:35pm ET

Senvest Capital’s strategy involves seeking out stocks that could double—or more—in value. Last year, the hedge fund found such stocks, not once, but seven times.

Indeed, seven of Senvest Partners’ 20 largest holdings returned 100% or more last month, powering the $550 million hedge fund to a 79.4% return. The gain earned the 17-year-old fund the title of Bloomberg Markets’ best-performing mid-sized hedge fund of 2013.

Impressive as the return was, it isn’t even close to Senvest’s best year, which was 2009, when it returned 229%. The fund also rose 169% in 2003, although it lost 54% in 2008.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of