Passport Capital Down 9.8% For Q2; Bubrank Still Bullish On Saudi Arabia

Rupert Hargreaves

Published onAugust 12, 2016

Updated on May 14, 2021

Passport Special Opportunities, a fund of Passport Capital, LLC the +$4 billion San Francisco based, global investment firm founded by John H. Burbank declined -9.8% net versus +1.2% for the MSCI AC World Index and +2.5% for the S&P 500 for the second quarter. This loss takes the Passport Special Opportunities loss over the past 12 months to -14.4%, according to a letter to investors obtained by ValueWalk.

Hedge Fund Letters To Investors

Over the long-term Passport Special Opportunities has produced a relatively...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Passport Capital Down 9.8% For Q2; Bubrank Still Bullish On Saudi Arabia

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