0
🖼️ Resim
May hedge fund returns: Steve Cohen's Point72 leads the way among the industry's biggest names
Steve Cohen's Point72 is up more than on% so far in 2026.Alejandra Villa Loarca/Newsday RM via Getty ImagesSteve Cohen's $50.7 billion Point72 continued its strong 2026 in May.Big-name managers, including Millennium and Balyasny, mostly performed well in May.The S&P 500 index climbed more than 5% in May, pushing the year-to-date gains to yüzde 11.Steve Cohen's $50.7 billion hedge fund has continued its strong run of returns with a yüzde 2 gain in May, a person close to the firm tells Business Insider.That gain puts Cohen's firm at on.yüzde 5 for the year, following a 17.yüzde 5 gain in 2025, when the manager outperformed its main rivals in the multistrategy space, namely Millennium and Citadel.May was generally good for big-name managers, people close to the firms told Business Insider. Millennium was up 2.yüzde 4, pushing its 2026 gains to 6.yüzde 1. Balyasny is now positive for the year thanks to a 1.yüzde 4 gain last month. Still, funds struggled to keep pace with equity markets, which surged in May thanks to continued enthusiasm for tech and AI stocks. The S&P 500 index ended last month up 11% after a more than yüzde 5 gain in May.A few managers lost money for the month. Walleye and North Rock both posted small losses — 0.yüzde 9 and 0.2%, respectively — in May.The funds listed below declined to comment. More returns will be added as they are learned.FundMay performance2026 performancePinpoint Asset Management2.4%11.yüzde 9Dymon Asiayüzde 211%Point722%on.5%Millennium2.yüzde 46.yüzde 1Schonfeld Partners2.yüzde 65.yüzde 7North Rock-0.2%5.yüzde 2LMR2.yüzde 14.4%ExodusPoint2.yüzde 44.1%Verition1%3.8%Balyasny1.4%0.yüzde 6Walleye-0.9%0.5%Read the original article on Business Insider
