Performance of funds invested in GameStop in past two weeks

Reuters2021-02-05

(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top gainers among mutual funds over the past two weeks having exposure to videogame retailer GameStop, data from Refinitiv Lipper showed.

Crowds of retail punters sent shares in GameStop up by more than 2000% last month, causing some Wall Street hedge funds to lose billions of dollars on their short bets on the stock.

The Morgan Stanley fund, which had 346,943 shares of GameStop as per the latest filing, gained 23% in the last two weeks, according to the data, which was based on the last two weeks’ price performance.

The fund’s net assets rose 61% to $746.7 million in January, the data showed.

Shares of iShares Micro-Cap ETF and Cambria Shareholder Yield ETF also gained about 7% each in the past two weeks.

Graphic: Mutual fund gainers in the past two weeks

Shares of GameStop have fallen more than 83.5% in the first four days of this month as the retail frenzy faded.

Graphic: Bottom performers in the past two weeks

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Comments

  • Officer
    2021-10-22
    Officer
    Just wondering should one buy gamestop share now?
  • raidou
    2021-02-08
    raidou
    Still holding! 
  • stormlee
    2021-02-08
    stormlee
    Great!!! 
  • Qlee10
    2021-02-08
    Qlee10
    interesting 
  • Kikilala
    2021-02-08
    Kikilala
    aweeeeg 
  • AlvinTing
    2021-02-08
    AlvinTing
    Lol
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