May was tough even for top traders

A

a529612

Lone Pine, run by Steve Mandel, had a difficult May through the 26th.

According to the HSBC data, the Lone Cedar fund, with about $2.1 billion in assets, was down 6.7% and is only up 1.16% for the year. Mandel's Lone Pinon fund, Class A shares, was down 5.94% for the month through the 26th.

• Steven Heinz's Lansdowne European Long Only Fund, with $900 million, fell 7.19% through the 26th, but is still up 9.29% for the year. Lansdowne's UK Equity Fund tumbled 3.22% through the same day, but is still up 9.82% for 2006.

• Boyer Allen Pacific Fund, with $1.1 billion, fell 10.2% in May through the 26th, and is up 1.8% for the year.

• Lee Ainslie's $3.7 billion Maverick Fund Class A shares were off 2.46% through the 26th of last month. The fund is up 1.61% this year.

• Richard Chilton's Chilton International, with $758 million, was off 3.55% through the 26th, and is now down 1.2% in 2006.

• Zweig-Dimenna International, Class A, with $840 million, fell 4.49% through May 26th, but is up 4.02% this year.

• Martin Hughes' Tosca Fund LTD., with $3.4 billion, fell 4.2% in the month through May 18, but is up 9.35% for the year.

• Louis Bacon's $3.8 billion Moore Global Fixed Income Fund fell 7.03% through the 24th, and is now down 0.64% for 2006.

• Paul Tudor Jones's $4.99 billion Tudor BVI Global Fund LTD. A was off 2.81% through the 24th, though it's up 4.6% this year.
 
Quote from a529612:

Lone Pine, run by Steve Mandel, had a difficult May through the 26th.

According to the HSBC data, the Lone Cedar fund, with about $2.1 billion in assets, was down 6.7% and is only up 1.16% for the year. Mandel's Lone Pinon fund, Class A shares, was down 5.94% for the month through the 26th.

• Steven Heinz's Lansdowne European Long Only Fund, with $900 million, fell 7.19% through the 26th, but is still up 9.29% for the year. Lansdowne's UK Equity Fund tumbled 3.22% through the same day, but is still up 9.82% for 2006.

• Boyer Allen Pacific Fund, with $1.1 billion, fell 10.2% in May through the 26th, and is up 1.8% for the year.

• Lee Ainslie's $3.7 billion Maverick Fund Class A shares were off 2.46% through the 26th of last month. The fund is up 1.61% this year.

• Richard Chilton's Chilton International, with $758 million, was off 3.55% through the 26th, and is now down 1.2% in 2006.

• Zweig-Dimenna International, Class A, with $840 million, fell 4.49% through May 26th, but is up 4.02% this year.

• Martin Hughes' Tosca Fund LTD., with $3.4 billion, fell 4.2% in the month through May 18, but is up 9.35% for the year.

• Louis Bacon's $3.8 billion Moore Global Fixed Income Fund fell 7.03% through the 24th, and is now down 0.64% for 2006.

• Paul Tudor Jones's $4.99 billion Tudor BVI Global Fund LTD. A was off 2.81% through the 24th, though it's up 4.6% this year.
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How was Jack's record for May?
:D
 
Thanks for sharing this.

How do you source this HSBC data. Any links you can refer us to ?? And how does HSBC get such real-time/intra-month data?

Thanks!

Quote from a529612:

Lone Pine, run by Steve Mandel, had a difficult May through the 26th.

According to the HSBC data, the Lone Cedar fund, with about $2.1 billion in assets, was down 6.7% and is only up 1.16% for the year. Mandel's Lone Pinon fund, Class A shares, was down 5.94% for the month through the 26th.

• Steven Heinz's Lansdowne European Long Only Fund, with $900 million, fell 7.19% through the 26th, but is still up 9.29% for the year. Lansdowne's UK Equity Fund tumbled 3.22% through the same day, but is still up 9.82% for 2006.

• Boyer Allen Pacific Fund, with $1.1 billion, fell 10.2% in May through the 26th, and is up 1.8% for the year.

• Lee Ainslie's $3.7 billion Maverick Fund Class A shares were off 2.46% through the 26th of last month. The fund is up 1.61% this year.

• Richard Chilton's Chilton International, with $758 million, was off 3.55% through the 26th, and is now down 1.2% in 2006.

• Zweig-Dimenna International, Class A, with $840 million, fell 4.49% through May 26th, but is up 4.02% this year.

• Martin Hughes' Tosca Fund LTD., with $3.4 billion, fell 4.2% in the month through May 18, but is up 9.35% for the year.

• Louis Bacon's $3.8 billion Moore Global Fixed Income Fund fell 7.03% through the 24th, and is now down 0.64% for 2006.

• Paul Tudor Jones's $4.99 billion Tudor BVI Global Fund LTD. A was off 2.81% through the 24th, though it's up 4.6% this year.
More...
 
a number of the every day traders I know had a tough time -- the market changed her stripes in may, and it became a new game again. it seemed like a lot of the usual things stopped working. it was a frustrating month all around, it seems.

naturally, some people made money. May was good for me, but april was the pits.

I personally like it when the market shakes people up, as something is often in the works.
 
Hi, I'm following a trading system that made 11% during May trading future contracts. (ES, YM and NQ).

Based on 1 contract per market per 10,000 under management.

Total gross profit was $3,979 per contract.
 
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