Top stock picks of the hedge funds for this year

In the hedge fund industry, most attention is given to big names such as David Einhorn and Bill Ackman, but some smaller and more unsecured funds stand out for the moment as the best in stock selection.

Aisling Capital, First Light Asset Management, Goodnow Investment Group are among the top hedge funds with a track record of more than three years of market outlook. These funds - "jewelery" are mostly headed by lesser-known managers.

Four times a year, hedge funds enter their long positions in the US Financial Supervision Commission, and information is released publicly 45 days after the end of each quarter.

Adobe, Yelp, Wayfair and JD.com are among the fresh positions added in December by top-performing hedge funds.

Aisling Capital concentrates on healthcare and more than 80% of the fund's investment has been directed at Loxo Oncology, a Stamford-based laboratory developing cancer drugs. Shares of Loxo rose 66 percent in 2018, which led to Eli Lilly's takeover of $ 8 billion in January.

The Aisling Capital Fund reported a yield of impressive 56.6% YTD, after realizing a yield of 34.8% in 2018. First Light Asset Management reported a 41.7% increase last year, and since the beginning of 2019 the fund has been up 20% .

Hedge funds generally return with a strong recovery from the beginning of the new year, reporting a 3.5% return in January, which is their best monthly performance since September 2010.

Source: CNBC

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