Magnetar Financial LLC
Magnetar Financial LLC, based in Evanston, Illinois, was founded in 2005 by Alec Litowitz and Ross Laser. In this series, we will discuss some of the main positions the fund traded during the fourth quarter. Magnetar initiated new positions in Plains GP Holdings LP (PAGP), American Airlines Group Inc. (AAL), and Gaming And Leisure Properties (GLPI) and it added to its positions in Teekay Corp. (TK), Lamar Advertising (LAMR), and Denbury Resources (DNR).
The size of the fund’s portfolio reduced from $5.85 billion to $4.56 billion.
© 2013 Market Realist, Inc.
But if I knew how to manage my portfolio safer and smarter than most hedge fund managers, I could realistically grow my wealth.