- Advertisement -
- Advertisement -

Related

Happy Times at Bodenholm

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Whereas European stocks were down 4.5 percent month-to-date through the end of last week, Stockholm-based long/short equity fund Bodenholm was up 4.2 percent mid-month. Bodenholm is now up 14 percent year-to-date through August 15.

Earlier this month, Bodenholm’s founder and Chief Investment Officer, Per Johansson (pictured), featured among the 50 rising fund managers in Tomorrow’s Titans report issued by the Hedge Fund Journal. The 50 managers in this report are rising stars who “are on the cusp of being, or have the potential to become, leading managers within their strategies” according to the opinion of the Hedge Fund Journal team.

Per Johansson’s profile in Tomorrow’s Titans 2019 report by the Hedge Fund Journal

Bodenholm gained 14 percent year-to-date through mid-August after advancing 4.2 percent month-to-date and 5.3 percent in May, the fund’s best monthly performance since launching in September 2015. The MSCI Europe Index, meanwhile, was up 6.6 percent this year through mid-August following a 4.5 percent-decline in the first half of this month. This year, Bodenholm is the second-best performing fund in the portfolio of funds backed by Brummer & Partners. Systematic trend-following fund Lynx is leading the pack with a year-to-date gain of 24.5 percent.

Commenting on the fund’s performance for the first half of August, Per Johansson tells HedgeNordic that “long positions in Adevinta (the spin-off from Schibsted), as well as US spin-offs IAA and Perspecta, have been positive contributors.” Short bets on Burford Capital and Danish companies ISS and Ambu also paid off. “The month is not over yet,” emphasizes Johansson.

Bodenholm employs a Europe-focused fundamental equity long/short strategy with a global mandate and maintains a concentrated portfolio of idiosyncratic ideas both on the long and short side using bottom-up stock selection. Bodenholm has a team dedicated to finding short positions comprised of four investment analysts and two forensic accountants.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Small But Mighty: Norwegians Lead Performance Tables

While Sweden and Denmark may dominate the Nordic hedge fund industry in terms of assets under management, 2025 has so far belonged to Norway....

Avanto Right Tail Crosses 100% Since Inception

Lars Mikelsen, portfolio manager of Avanto Right Tail, runs a strategy designed to capture extreme upside events through concentrated bets on themes such as...

Nordic Hedge Funds Extend Solid Run Through Summer

Nordic hedge funds continued their strong run since May, closing out the summer on a positive note with an average gain of 0.5 percent...

Pasi Havia Bids Farewell to HCP, Quant Strategy Carries On

After more than a decade at Helsinki Capital Partners (HCP), portfolio manager Pasi Havia has stepped down from his role, leaving behind the management...

Fresh Talent, New Funds: ALCUR Expands Reach in Retail Segment

After a wave of portfolio manager hires earlier this year, stock-picking fund boutique ALCUR Fonder is preparing to launch several new funds aimed at...

Quirky Questions for Kathryn Kaminski (AlphaSimplex)

Not every hedge fund conversation needs to revolve around performance charts or trade execution. In HedgeNordic’s Quirky Questions series, we look beyond the strategies to the...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.