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Trident Fund LP October 2020 Performance Update

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Jacob Wolinsky
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Trident Fund LP performance update for the month ended October 30, 2020.

Q3 2020 hedge fund letters, conferences and more

The Trident Fund LP returned -1.0 percent in October, and the fund is +11.9  percent net year to date.

Trident Fund LP

In October, bond and commodity trading successfully mitigated Trident’s “long” equity exposure, resulting in performance aimed at preserving capital.

Trident earned nearly +2.0 percent on its Engle model while losing about -3.0 percent on the risk regime model, which clung to “risk-on” positions. Global bond trading earned +1.0 percent in October, as Trident profited from the steepening yield curve. Moreover, Trident made more than +0.5 percent in energy trading while losing -0.2...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid