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Element Capital Management Slashes U.S. Stock Portfolio
The aggressive macro trader only has 3 percent of its AUM invested in U.S. long equities.
Jeffrey Talpins’ Element Capital Management shook up its U.S. long stock portfolio in the fourth quarter, according to filings with securities regulators.The macro manager slashed the value of the portfolio by nearly 60 percent, to $468 million at year-end from $1.15 billion the previous quarter, according to its latest 13F
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