Rentech Nitrogen Partners LP (NYSE:RNF) was in 5 hedge funds’ portfolio at the end of March. RNF shareholders have witnessed a decrease in support from the world’s most elite money managers of late. There were 7 hedge funds in our database with RNF holdings at the end of the previous quarter.
In the eyes of most market participants, hedge funds are assumed to be underperforming, old financial tools of the past. While there are more than 8000 funds in operation at the moment, we hone in on the leaders of this group, close to 450 funds. It is widely believed that this group has its hands on the majority of the hedge fund industry’s total asset base, and by paying attention to their highest performing equity investments, we have determined a number of investment strategies that have historically outstripped the market. Our small-cap hedge fund strategy outpaced the S&P 500 index by 18 percentage points per annum for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have outperformed the S&P 500 index by 23.3 percentage points in 8 months (see the details here).