GameStop Stock: These Key Hedge Funds Are Betting Against It

TheStreet2021-12-22

Short sellers are constantly targeting GameStop shares. Here are the top three hedge funds betting against GME. After a painful drop since their peak on November 22, GameStop GME shares have finally ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

ORNEGU
2021-12-22
ORNEGU
up
Shibaa Inuu
2021-12-22
Shibaa Inuu
Ok
Unknown934
2021-12-22
Unknown934
Wow
KTX
2021-12-22
KTX
Like pls
PehKY
2021-12-22
PehKY
Ok
SP1980
2021-12-22
SP1980
Gogogo
- SP1980:
  gogogo

Leave a comment

151

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1144524414?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-12-22 07:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1144524414","market":"us","top_or_hot":-1,"title":"GameStop Stock: These Key Hedge Funds Are Betting Against It","media":"TheStreet","content":"<div>\n<p>Short sellers are constantly targeting GameStop shares. Here are the top three hedge funds betting against GME.\nAfter a painful drop since their peak on November 22, GameStop GME shares have finally ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/gme/top-3-hedge-funds-betting-against-gamestop-stock\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock: These Key Hedge Funds Are Betting Against It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock: These Key Hedge Funds Are Betting Against It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-22 07:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/gme/top-3-hedge-funds-betting-against-gamestop-stock><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short sellers are constantly targeting GameStop shares. Here are the top three hedge funds betting against GME.\nAfter a painful drop since their peak on November 22, GameStop GME shares have finally ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/gme/top-3-hedge-funds-betting-against-gamestop-stock\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.thestreet.com/memestocks/gme/top-3-hedge-funds-betting-against-gamestop-stock","article_id":"1144524414","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144524414","pubTimestamp":1640129774,"sourceInfo":null,"weMediaInfo":null,"summary":"Short sellers are constantly targeting GameStop shares. Here are the top three hedge funds betting a","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"游戏驿站股票：这些主要对冲基金都在做空","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"Short sellers are constantly targeting GameStop shares. Here are the top three hedge funds betting against GME.\nAfter a painful drop since their peak on November 22, GameStop GME shares have finally found their way up again, trading 13% higher in the past week. Still, as GME shareholders -- AKA the \"Ape Army\" -- hold on for bigger gains, some hedge funds continue to short the stock.\nFigure 1: GameStop store.\nRead on as we count down three large hedge funds currently battling the Ape Army over GameStop shares.\n#3: Hound Partners LLC\nThis New York-based hedge fund currently manages around $3.2 billion in assets for 13 clients.The fund has 209,100 put options on GME shares, which accounts for nearly 2% of the Hound Partners portfolio.\nSince entering its GME position in the first quarter of 2021 -- right after the stock's huge rally -- the fund has liquidated 28,800 put options from its original position (237,900 put options). The hedge fund’s biggest positions are currently Vanguard S&P 500 ETF VOO and Microsoft MSFT, which account for 15% and 7% of the portfolio, respectively.\n#2. Twin Tree Management LP\nThis fund from Dallas, Texas has $3.8 billion of assets under management and started to bet against GameStop stock as recently as Q3 of the current year.The fund has 253,700 put options on GME, at a market value of $44.5 million. This figure represents a small portion of less than 1% of Twin Tree’s assets.\nInteresting to note, nearly 20% of the portfolio's AUM are placed on a bet against the SPDR S&P 500 ETF Trust via put options — although the fund also has 7% allocated to SPY calls.\n#1. Prelude Capital Management LLC\nBased in New York, Prelude Capital currently has nine clients and $8.1 billion in assets under management. The hedge fund has a short-selling bias, and the top three positions in its portfolio are Chesapeake Energy CHK puts (10%), SPDR S&P 500 ETF Trust SPY puts (9%), and Tesla TSLA puts (6%).\nPrelude Capital has 2% of its portfolio in GameStop puts. This accounts for 469,700 put options at a market value north of $82 million. The company has liquidated 308,200 GME put options since it first opened the position in the second quarter of 2019.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9000693712,"gmtCreate":1640137610075,"gmtModify":1676533503024,"author":{"id":"3576314755404440","authorId":"3576314755404440","name":"ORNEGU","avatar":"https://static.tigerbbs.com/cc9a0db1a49cb16e404b18823322d904","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3576314755404440","idStr":"3576314755404440"},"htmlText":"up","listText":"up","text":"up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000693712","repostId":1144524414,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000609814,"gmtCreate":1640134185195,"gmtModify":1676533502675,"author":{"id":"4088301784077280","authorId":"4088301784077280","name":"Shibaa Inuu","avatar":"https://static.tigerbbs.com/acc61e2ac1a6dfe352276d3e2f0e9ef5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4088301784077280","idStr":"4088301784077280"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000609814","repostId":1144524414,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000872445,"gmtCreate":1640133449129,"gmtModify":1676533502475,"author":{"id":"3568773327054096","authorId":"3568773327054096","name":"Unknown934","avatar":"https://static.tigerbbs.com/8b3574572ddefc308a01b8cc301667c4","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3568773327054096","idStr":"3568773327054096"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000872445","repostId":1144524414,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000879758,"gmtCreate":1640132383401,"gmtModify":1676533502317,"author":{"id":"3571482211918385","authorId":"3571482211918385","name":"KTX","avatar":"https://static.tigerbbs.com/f7d2d6c9788fbae7ed024ed5ba7c58e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3571482211918385","idStr":"3571482211918385"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000879758","repostId":1144524414,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000870226,"gmtCreate":1640132258275,"gmtModify":1676533502293,"author":{"id":"4087723811422100","authorId":"4087723811422100","name":"PehKY","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087723811422100","idStr":"4087723811422100"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000870226","repostId":1144524414,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":691974352,"gmtCreate":1640132120587,"gmtModify":1676532408972,"author":{"id":"3573379860144244","authorId":"3573379860144244","name":"SP1980","avatar":"https://static.tigerbbs.com/101a00da82e124351de89d6d885f76b9","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3573379860144244","idStr":"3573379860144244"},"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/691974352","repostId":1144524414,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7071407,"gmtCreate":1640132132398,"gmtModify":1640132132398,"authorId":3573379860144244,"author":{"id":3573379860144244,"idStr":"3573379860144244","authorId":3573379860144244,"name":"SP1980","avatar":"https://static.tigerbbs.com/101a00da82e124351de89d6d885f76b9","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":691974352,"type":1,"supId":0,"prevId":0,"content":"gogogo","text":"gogogo","html":"gogogo"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":151,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1144524414"}