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Walleye Opportunities Fund Continues to Post Gains in August As it Turns Away Cash

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Michelle deBoer-Jones
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The Walleye Opportunities Fund returned 1% for August across all share classes, leading to year-to-date performances between 1% and 10%, depending on the share class.

As of Sept. 1, the Walleye Opportunities Fund had $8.9 billion in assets under management. A month ago, the hedge fund reported $8.7 billion in assets under management.

Also see: Walleye Opportunities Fund Was Positive for July as Its Realignment Seems to Be Working

Contributors and detractors from Walleye Opportunities Fund

According to Walleye Capital’s August note to investors, which was obtained by Hedge Fund Alpha, its quant, tactical and fundamental equities strategies contributed to its returns. On the other hand, volatility detracted from Walleye’s August returns.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.