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York Up 6% With Big Gains On TMUS, HTZ, APD; Lehman CDS

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Mark Melin
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York Capital Management’s Multi-Strategy fund had a strong February, up 5.80 percent, the leading fund in its diversified fund offerings while the York Select fund in concentrated positions was best across the board with a 6.40% rise in net asset value, according to a letter to investors reviewed by ValueWalk.

York diversified fund holdings

York Capital’s holdings include names in the news

The value of York’s equity portfolio, as of the end of 2013, was $7.27 billion, up nearly $3 billion from the third quarter of 2013.  The company’s largest positions include General Motors Company (NYSE:GM), W.R. Grace & Co. (NYSE:GRA), Hertz Global Holdings, Inc. (NYSE:HTZ), T-Mobile US Inc (NYSE:TMUS) and Air...

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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.