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Melvin Capital Administration is a hedge fund with seven purchasers and over $24.56 billion {dollars} in belongings beneath administration.
Melvin Capital grew to become well-known within the buying and selling world in early January 2021 as their GameStop quick place mixed with different quick sellers resulted in additional than 139% of Gamestop (GME) shares to be quick at one time. This made GameStop inventory essentially the most shorted fairness on this planet.[1]
This excessive quick curiosity in GME inventory result in a brief squeeze made well-liked by the Wall Streets Bets Reddit group and lined in main media that ran the GME inventory chart as much as $483 a share at its peak and compelled Melvin Capital to cowl for an enormous loss.
Melvin Capital Misplaced 53% in January 2021 attributable to its quick promoting of GameStop inventory and different trades that didn’t work out at first of 2021 the Wall Road journal reported.
Beneath are the present high positions totaling over $17.4 billon that Melvin Capital was holding going into the third quarter of 2021 primarily based on essentially the most present 13F submitting as of 06/30/21. The highest ten holdings complete 32.11% of the whole portfolio.
High 25 holdings by proportion of portfolio .
Inventory ticker/ Complete % of portfolio[2]
EXPE 5.83%
AMZN 4.23%
V 4.01%
PAGS 3.87%
LH 3.08%
FICO 2.83%
GOOGL 2.79%
SNOW 2.66%
ALGN 2.21%
JD 2.17%
TXRH 2.16%
EXPE(CALL) 2.15%
IAA 2.02%
DASH 1.89%
BKNG 1.69%
PYPL 1.67%
TEAM 1.65%
LVS 1.63%
H 1.62%
ADSK 1.56%
ATVI 1.47%
MA 1.46%
DPZ 1.40%
MSFT 1.39%
BILL 1.39%
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