29:
1234:
1224:
1214:
1244:
921:
238:
that prohibits the sale of a borrowed stock while the stock is declining. The trades in question were performed on March 15 and 16, 1994. The SEC charged that the trades made had pushed the Dow Jones
Industrial Average down 16 points in a single day.
251:
In 2016, the firm laid off 15% of its staff due to poor returns and investor redemptions. In that year investors pulled out over $ 1 billion from the firm. The firm also had to cut fees.
248:
noted that returns for the firm's clients had "dimmed" over the decade and that the returns could not match the same level as before. From 2010 to 2012, the firm returned just 5% annually.
540:
1283:
1273:
572:
363:
421:
1217:
479:
1268:
286:
223:
In
February 1990, Jones bought put options for the Japanese stock market. When the market plunged, the firm had a return of 87.4% for that year.
1194:
510:
1098:
681:
544:
1278:
227:
798:
740:
447:
580:
425:
338:
235:
396:
1237:
1072:
213:
1060:
629:
307:
230:
totalling $ 800,000, the second-largest ever levied at the time for a non-fraud case, for violating the
771:
1199:
1143:
862:
789:
733:
602:
1036:
906:
655:
1138:
1046:
1041:
1005:
902:
866:
198:
120:
109:
1148:
945:
818:
794:
779:
39:
1173:
831:
803:
784:
174:
87:
49:
1227:
1078:
990:
826:
808:
726:
201:
was one of the first clients to invest into the firm where it provided $ 30,000 to manage.
8:
1247:
1153:
1133:
960:
935:
262:
220:
positions earned a 62% gain for the month of
October and 200% gain for the year of 1987.
205:
1158:
1103:
1015:
244:
209:
881:
857:
841:
1050:
985:
194:
77:
1189:
1093:
1083:
1064:
1031:
955:
950:
886:
871:
457:
217:
178:
170:
113:
541:"After a Dazzling Early Career, a Star Trader Settles Down - The New York Times"
364:"Billionaire Paul Tudor Jones to Staff: Learn to Write or I'll Rip Up Your Memo"
1088:
1068:
836:
255:
182:
28:
261:
The firm is headquartered in
Connecticut with additional offices in New York,
1262:
1163:
1128:
1054:
511:"Paul Tudor Jones: Don't focus on making money, but protecting what you have"
1168:
1123:
1010:
995:
876:
1000:
940:
231:
105:
91:
749:
287:"Paul Tudor Jones Says Investors Are in Tough Spot with Fed in New Era"
254:
In 2022, Jones stated that the firm will be increasing its trading in
766:
920:
603:"Hedge fund Tudor Investment lays off 15 percent of staff: source"
208:, October 19, 1987, Jones accurately predicted there would be a
452:
266:
718:
573:"Tudor Investment Agrees to S.E.C. Fines - The New York Times"
682:"Mainstream Hedge Funds Pour Billions of Dollars Into Crypto"
125:
95:
711:
448:"Paul Jones II, The World's Richest People - Forbes.com"
1284:
Investment management companies of the United States
147:
656:"Tudor Investment cuts fees amid weak performance"
422:"WHAT BECOMES A LEGEND? | Institutional Investor"
1274:Financial services companies established in 1980
1260:
258:as a way to protect against rising inflation.
734:
226:In 1996 the firm agreed to pay fines to the
216:plunged 22% on that day while the firm from
1218:Alternative investment management companies
1195:Standards Board for Alternative Investments
397:"Paul Tudor Jones: The Global Macro Trader"
1243:
1099:Taxation of private equity and hedge funds
741:
727:
197:founded the Tudor Investment Corporation.
27:
1269:Companies based in Stamford, Connecticut
480:"Wall Street Revisits the Crash of '87"
228:U.S. Securities and Exchange Commission
1261:
653:
571:Strom, Stephanie (December 31, 2019).
799:fixed-income relative-value investing
722:
679:
630:"Tudor hedge fund sees $ 1B outflows"
570:
566:
564:
562:
535:
533:
531:
302:
300:
505:
503:
501:
391:
389:
387:
385:
333:
331:
13:
627:
559:
528:
297:
14:
1295:
703:
543:. October 2, 2019. Archived from
498:
424:. August 19, 2020. Archived from
382:
328:
1242:
1233:
1232:
1223:
1222:
1213:
1212:
919:
1279:Hedge fund firms in Connecticut
748:
673:
647:
621:
595:
456:. April 1, 2007. Archived from
236:Securities Exchange Act of 1934
158:Footnotes / references
472:
440:
414:
356:
279:
1:
654:Childs, Mary (May 24, 2016).
272:
188:
1073:security characteristic line
214:Dow Jones Industrial Average
167:Tudor Investment Corporation
22:Tudor Investment Corporation
7:
1061:Capital asset pricing model
780:Capital structure arbitrage
177:. The firm invests in both
10:
1300:
863:Commodity trading advisors
1208:
1200:Managed Funds Association
1182:
1144:High-net-worth individual
1116:
1024:
978:
969:
928:
917:
895:
850:
817:
765:
756:
156:
142:
132:
119:
101:
83:
73:
55:
45:
35:
26:
1037:Arbitrage pricing theory
265:, London, Singapore and
16:American investment firm
1149:Institutional investors
1042:Assets under management
867:managed futures account
339:"Tudor Investment Corp"
199:Commodities Corporation
110:Alternative investments
1174:Sovereign wealth funds
946:High-frequency trading
795:Fixed income arbitrage
343:Institutional Investor
128:12 billion (2022)
61:; 43 years ago
1016:Structured securities
832:Distressed securities
804:Statistical arbitrage
790:Equity market neutral
785:Convertible arbitrage
175:Stamford, Connecticut
50:Investment management
1134:Financial endowments
1079:Fundamental analysis
827:Shareholder activism
809:Volatility arbitrage
680:Zuckerman, Gregory.
583:on December 31, 2019
1248:List of hedge funds
1238:Hedge fund managers
1154:Insurance companies
1139:Fund of hedge funds
1047:Black–Scholes model
961:Proprietary trading
936:Algorithmic trading
903:Fund of hedge funds
134:Number of employees
23:
1104:Technical analysis
577:The New York Times
547:on October 2, 2019
515:www.morningstar.in
486:. October 16, 2017
428:on August 19, 2020
370:. October 23, 2015
245:The New York Times
210:stock market crash
185:markets globally.
21:
1256:
1255:
1112:
1111:
915:
914:
882:Long/short equity
858:Convergence trade
842:Special situation
609:. August 16, 2016
401:finance.yahoo.com
164:
163:
1291:
1246:
1245:
1236:
1235:
1226:
1225:
1216:
1215:
1159:Investment banks
1006:Foreign exchange
976:
975:
923:
763:
762:
743:
736:
729:
720:
719:
715:
714:
712:Official website
697:
696:
694:
692:
677:
671:
670:
668:
666:
651:
645:
644:
642:
640:
625:
619:
618:
616:
614:
599:
593:
592:
590:
588:
579:. Archived from
568:
557:
556:
554:
552:
537:
526:
525:
523:
521:
507:
496:
495:
493:
491:
476:
470:
469:
467:
465:
460:on April 1, 2007
444:
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393:
380:
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375:
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354:
353:
351:
349:
335:
326:
325:
323:
321:
312:
304:
295:
294:
283:
256:cryptocurrencies
195:Paul Tudor Jones
152:
149:
78:Paul Tudor Jones
69:
67:
62:
31:
24:
20:
1299:
1298:
1294:
1293:
1292:
1290:
1289:
1288:
1259:
1258:
1257:
1252:
1204:
1190:Fund governance
1178:
1108:
1032:Absolute return
1020:
971:
965:
956:Program trading
951:Prime brokerage
924:
911:
891:
887:Trend following
872:Dedicated short
846:
813:
770:
758:
752:
747:
710:
709:
706:
701:
700:
690:
688:
678:
674:
664:
662:
652:
648:
638:
636:
626:
622:
612:
610:
601:
600:
596:
586:
584:
569:
560:
550:
548:
539:
538:
529:
519:
517:
509:
508:
499:
489:
487:
478:
477:
473:
463:
461:
446:
445:
441:
431:
429:
420:
419:
415:
405:
403:
395:
394:
383:
373:
371:
362:
361:
357:
347:
345:
337:
336:
329:
319:
317:
310:
306:
305:
298:
285:
284:
280:
275:
191:
171:investment firm
169:is an American
160:
146:
135:
114:Venture Capital
112:
108:
65:
63:
60:
17:
12:
11:
5:
1297:
1287:
1286:
1281:
1276:
1271:
1254:
1253:
1251:
1250:
1240:
1230:
1220:
1209:
1206:
1205:
1203:
1202:
1197:
1192:
1186:
1184:
1180:
1179:
1177:
1176:
1171:
1166:
1164:Merchant banks
1161:
1156:
1151:
1146:
1141:
1136:
1131:
1129:Family offices
1126:
1120:
1118:
1114:
1113:
1110:
1109:
1107:
1106:
1101:
1096:
1091:
1089:Securitization
1086:
1081:
1076:
1058:
1044:
1039:
1034:
1028:
1026:
1022:
1021:
1019:
1018:
1013:
1008:
1003:
998:
993:
988:
982:
980:
973:
967:
966:
964:
963:
958:
953:
948:
943:
938:
932:
930:
926:
925:
918:
916:
913:
912:
910:
909:
899:
897:
893:
892:
890:
889:
884:
879:
874:
869:
860:
854:
852:
848:
847:
845:
844:
839:
837:Risk arbitrage
834:
829:
823:
821:
815:
814:
812:
811:
806:
801:
792:
787:
782:
776:
774:
772:relative value
760:
754:
753:
746:
745:
738:
731:
723:
717:
716:
705:
704:External links
702:
699:
698:
672:
646:
620:
594:
558:
527:
497:
471:
439:
413:
381:
355:
327:
296:
293:. May 3, 2022.
277:
276:
274:
271:
234:, part of the
204:On the day of
190:
187:
162:
161:
154:
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1211:
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1207:
1201:
1198:
1196:
1193:
1191:
1188:
1187:
1185:
1181:
1175:
1172:
1170:
1169:Pension funds
1167:
1165:
1162:
1160:
1157:
1155:
1152:
1150:
1147:
1145:
1142:
1140:
1137:
1135:
1132:
1130:
1127:
1125:
1124:Vulture funds
1122:
1121:
1119:
1115:
1105:
1102:
1100:
1097:
1095:
1092:
1090:
1087:
1085:
1082:
1080:
1077:
1074:
1070:
1066:
1062:
1059:
1056:
1055:delta neutral
1052:
1048:
1045:
1043:
1040:
1038:
1035:
1033:
1030:
1029:
1027:
1023:
1017:
1014:
1012:
1011:Money markets
1009:
1007:
1004:
1002:
999:
997:
994:
992:
989:
987:
984:
983:
981:
977:
974:
968:
962:
959:
957:
954:
952:
949:
947:
944:
942:
939:
937:
934:
933:
931:
927:
922:
908:
907:Multi-manager
904:
901:
900:
898:
894:
888:
885:
883:
880:
878:
875:
873:
870:
868:
864:
861:
859:
856:
855:
853:
849:
843:
840:
838:
835:
833:
830:
828:
825:
824:
822:
820:
816:
810:
807:
805:
802:
800:
796:
793:
791:
788:
786:
783:
781:
778:
777:
775:
773:
768:
764:
761:
755:
751:
744:
739:
737:
732:
730:
725:
724:
721:
713:
708:
707:
687:
683:
676:
661:
657:
650:
635:
631:
628:Marino, Jon.
624:
608:
604:
598:
582:
578:
574:
567:
565:
563:
546:
542:
536:
534:
532:
516:
512:
506:
504:
502:
485:
484:Bloomberg.com
481:
475:
459:
455:
454:
449:
443:
427:
423:
417:
402:
398:
392:
390:
388:
386:
369:
368:Bloomberg.com
365:
359:
344:
340:
334:
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316:
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145:
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137:
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127:
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122:
118:
115:
111:
107:
104:
100:
97:
93:
89:
86:
82:
79:
76:
72:
66:November 1980
59:November 1980
58:
54:
51:
48:
44:
41:
38:
34:
30:
25:
19:
1001:Fixed income
877:Global macro
819:Event-driven
691:December 18,
689:. Retrieved
685:
675:
665:December 18,
663:. Retrieved
659:
649:
639:December 18,
637:. Retrieved
633:
623:
613:December 18,
611:. Retrieved
606:
597:
587:December 18,
585:. Retrieved
581:the original
576:
551:December 18,
549:. Retrieved
545:the original
520:December 18,
518:. Retrieved
514:
490:December 18,
488:. Retrieved
483:
474:
464:December 18,
462:. Retrieved
458:the original
451:
442:
432:December 18,
430:. Retrieved
426:the original
416:
406:December 18,
404:. Retrieved
400:
374:December 18,
372:. Retrieved
367:
358:
348:December 18,
346:. Retrieved
342:
320:December 18,
318:. Retrieved
314:
290:
281:
260:
253:
250:
243:
241:
225:
222:
206:Black Monday
203:
192:
166:
165:
157:
84:Headquarters
36:Company type
18:
1228:Hedge funds
991:Derivatives
986:Commodities
941:Day trading
851:Directional
750:Hedge funds
232:uptick rule
106:Hedge funds
92:Connecticut
1263:Categories
1183:Governance
757:Investment
660:www.ft.com
308:"Form ADV"
273:References
263:Palm Beach
189:Background
138:314 (2022)
1117:Investors
767:Arbitrage
291:Bloomberg
242:In 2014,
193:In 1980,
173:based in
759:strategy
102:Products
88:Stamford
46:Industry
979:Markets
970:Related
929:Trading
607:Reuters
183:private
143:Website
74:Founder
64: (
56:Founded
40:Private
1051:Greeks
996:Equity
453:Forbes
267:Sydney
212:. The
179:public
1094:Short
1084:Hedge
1065:alpha
972:terms
896:Other
311:(PDF)
218:short
148:tudor
1069:beta
1025:Misc
693:2022
667:2022
641:2022
634:CNBC
615:2022
589:2022
553:2022
522:2022
492:2022
466:2022
434:2022
408:2022
376:2022
350:2022
322:2022
181:and
150:.com
126:US$
96:U.S.
686:WSJ
315:SEC
121:AUM
1265::
1071:/
1067:/
1053::
905:/
865:/
797:/
684:.
658:.
632:.
605:.
575:.
561:^
530:^
513:.
500:^
482:.
450:.
399:.
384:^
366:.
341:.
330:^
313:.
299:^
289:.
269:.
94:,
90:,
1075:)
1063:(
1057:)
1049:(
769:/
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735:t
728:v
695:.
669:.
643:.
617:.
591:.
555:.
524:.
494:.
468:.
436:.
410:.
378:.
352:.
324:.
68:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
