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This Fund Exited Several Stocks while Taking a New Position in This Serial Acquirer

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Michelle deBoer-Jones
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Cogent Communications Holdings
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Alphyn Capital was down 2.7% for the second quarter, bringing its year-to-date return to 4.2%. The S&P 500 Total Return Index gained 4.3% for the second quarter and is up 15.3% year to date. Over the last year, Alphyn has gained 16.3%.

Changes underway

In his second-quarter letter to investors, Samer Hakoura said the portfolio's returns have...

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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.