Wall Street Folly

It's Official: We've moved! Our new home is www.wallstreetfolly.com

Please join us over at our new Wall Street Folly site.  We're still working out some kinks, but it's up and running! (Note, if for some reason you're not directed to that site, keep trying.  It gonna take a bit for the redirection of our wallstreetfolly.com url to be propogated through the system.)

Hedge Fund 13F Chart Study update: Atticus Capital

 Here's the 13F Chart study for Tim Barakett's Atticus Capital updated for Q4 2008 (priced as of 3/3/09). 

13F Hedge fund chart studies were updated over the weekend

The 13F hedge fund chart studies we track were updated over the weekend.  You can find them here.

Atticus Capital: Rumors of their demise have been greatly exaggerated

Tim Barekett, Atticus Capital's founder, responded to rumors that the firm is liquidating.  According to the Wall Street Journal:

"We've heard these rumors as well and they're not true."... "We're certainly not liquidating. In fact we have a large net cash position and are looking for opportunities to invest capital."

"As a firm we have had less than 10% of our capital put in for redemptions for September 30," says Mr. Barakett. "There are no funds that we are even considering closing down. Our flagship fund, Atticus Global, has had redemptions of about 3% of capital."

Big Hedge Fund Atticus Denies Rumors It Is Liquidating - Wall Street Journal

Good thing Atticus Capital's partners were paid so much in the past, because with this year's under water performance they're not getting their fees

Oops: The principals at Atticus Capital, with over $20 billion under management at its peak last year,  won't be making the estimated $250-300 million that they're said to have each pulled in last year.  That's because the hedge funds run by Tim Barakett, David Slager and Jacob Rothschild haven't done so well this year -- down by an estimated 5 billion (or 25%) -- and they won't be getting paid any fees.  According to the Financial Times:

13F Hedge fund chart studies: Atticus, Greenlight, Harbinger, Icahn, Paulson and Passport updated

We've started updating our 13F hedge fund chart studies with the new 6/30 filings.  You can find the them here. We'll be updating more in the next few days.

Hedge Fund 13F Chart Study additions: Avenue Capital, Eton Park Capital, Jabre Capital, Lone Pine Capital, Pershing Square Capital, Tudor Investment Corp

We've added the following 13F chart studies:

• Marc Lasry's Avenue Capital
• Eric Mindich's Eton Park Capital
• Philippe Jabre's Jabre Capital
• Stephen Mandel's Lone Pine Capital
• Bill Ackman's Pershing Square Capital
• Paul Tudor Jones' Tudor Investment Corp

All of them can be found here.

In addition, all of the original chart studies were updated as of Friday's close.  They can also be found at the above link.

Housekeeping: SAC Capital, Atticus and Harbinger 13F charts were updated for today's close and there's a new index page

Here's a link for the new index page that shows all of the hedge fund 13F's that we've added, as well as the date that they were last updated.  We're gonna try to update them at least once a week on a rolling basis, and especially on days the the market has a big move.  There's a permanent link near the top of the right hand column.

More Hedge Fund 13F Chart Studies: Atticus Capital, Matlin Patterson, OZ Management, Perry Capital

We've added to the list of 13F Chart studies: Atticus Capital (Tim Barakett), Matlin Patterson (Dave Matlin), OZ Managgement (Dan Och), and Perry Capital (Richard Perry).

Other 13F Chart Studies posted earlier

More big name funds added to the August sucky results list

Redemptions on the way?: The list of hedge funds that sprung major leaks in August keeps getting longer.  The carnage includes not only well publicized losses at some of the funds at Tudor, Caxton, and Moore Capital, but also includes Atticus, Third Point, Tontine, GLG, Sloane Robinson and Landsdowne among others: