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This Top Shortselling Hedge Fund Was Helped By Crypto Arbitrage, Hurt By Tesla Short

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Michelle deBoer-Jones
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Aristides Fund LP was up 1.03% for June, while Aristides Fund QP was up 1.01%. So far this year, the two funds are up 5.11% and 5.22%, respectively. The fund's cryptocurrency arbitrage position performed well in June after a difficult May, while its shorts collectively took a significant bite out of its returns for the month. Tesla and Tilray especially hurt Aristides' short portfolio after both positions put up strong returns for May.

Q2 hedge fund letters, conference, scoops etc

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On Tesla and Tilray

In his July 3 letter to investors

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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.