Thursday, July 30, 2009

A Look at Passport Capital's Current Holdings

A Look at Passport Capital's Current Holdings
These guys are SMART- Check out their holdings

Year to date for 2009, Passport Capital is up 25.4% compared to the S&P500 being up only 3.2% over the same timeframe. Passport was up 18.1% for the 2nd quarter of 2009 and now has seen a 26.4% compounded net return since inception. This phenomenal number comes against a -3.1% return for the S&P500 over the same period. Overall, Passport's main fund now has $1.3 billion under management and the firm as a whole manages $2.1 billion. You can view numerous other hedge fund performance numbers in our June hedge fund update.
By Seeking Alpha