After being the target of protesters upset with his hedge fund’s exposure to certain health care stocks, Larry Robbins might be having the last laugh as Glenview Capital Management’s Opportunity Fund delivered 7.2 percent return for U.S. investors in the first quarter, significantly outperforming the S&P 500. Glenview’s long exposure is standout, particularly in healthcare, as volatility drops Glenview’s long positions in the portfolio were the standout, up 10.18 percent on a gross basis, according to a May 19 investor letter reviewed by ValueWalk. Like many long / short relative value stock pickers, during bull markets the key to…
Glenview Says Stock Valuations Went From Great To Good
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.