Gabriel Plotkin

[winston]

Billionaire Gabriel Plotkin Buys the Dip in These 2 Stocks

Gabriel Plotkin, formerly a top trader for Steve Cohen’s Point72, put out his own shingle in 2014, opening Melvin Capital with $1 billion in seed money.

Since then, Melvin has achieved high annual returns, hitting 47% in its first year of operations and 41% in 2017.

Plotkin’s fund is consistently among the highest performers in the industry.

The largest holding in Melvin’s portfolio is Amazon, of which the fund has over 405,000 shares.

Plotkin has made two unusual plays.
1. L Brands, Inc. (LB)
2. Hyatt Hotels Corporation (H)

Source: Tip Ranks

https://finance.yahoo.com/news/billiona ... 45679.html