Sender’s Hedge Fund Sees Sharp Gains Amid Unprecedented Robinhood Stock Trading
Sender Company & Partners Up 30% YTD.
Hedge fund Sender Company & Partners has seen a 30 percent net gain in 2020 following a series of bets on stocks that are popular on the Robinhood trading platform. Hertz, Tesla and Nio were among those driving skyrocketing returns.
Sender is among a group of institutional investors leveraging the trends and dynamics taking place in retail investing, which has become very popular during the Coronavirus pandemic. The sharp rise in retail investing has been triggered by the vast numbers of individuals staying home, focused on today’s highly volatile market and looking for ways in which to realize investment gains.
Sender Company & Partners saw solid returns from bets on the S&P 500, Nasdaq, Apple, Microsoft, Paypal, and Amazon. Nasdaq has seen particularly high returns this year due to the uptick in the technology sector.
The firm is a volatility hedge fund run by Adam Sender. Headquartered in New York, the firm’s primary focus is on highly liquid markets. With growing market turbulence and less political stability, Sender Company & Partners is seeking to continue its recent success for the balance of 2020 and beyond.
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