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Barclay Managed Funds Report Barclay Managed Funds Report 4Th Quarter 2018

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Barclay Managed Funds Report Barclay Managed Funds Report 4Th Quarter 2018 Barclay Managed Funds Report BARCLAY MANAGED FUNDS REPORT 4th Quarter 2018 4th Quarter 2018 TOP 20 CTA PERFORMERS PAST FIVE YEARS For period from 01/01/2014 to 12/31/2018. Includes only CTAs managing at least $10 million as of 12/31/2018 5-Yr Comp. Largest % Best Worst Assets Annual Sharpe Draw Winning 12-Mo. 12-Mo. Under Trading Advisors Return Ratio Down Months Period Period Mgmt. ($) 1 Investment Capital Adv (Managed Accts) 54.95% 0.52 36.19% 50.00% 398% -35% 16.1M 2 Next Level Capital 40.74% 2.45 5.70% 86.67% 89% 4% 20.6M 3 Pantera Capital Mgmt (Bitcoin) 37.66% 0.43 75.59% 51.67% 1564% -76% 55.7M 4 CenturionFx Ltd (6X) 28.01% 1.80 21.22% 81.67% 123% 11% 121.4M 5 Taaffeite Capital (Global Index LP A) 24.76% 1.91 7.86% 71.67% 72% -1% 20.8M 6 Hartswell Capital (MP-1) 24.31% 1.21 23.65% 63.33% 104% -22% 11.3M 7 MDC Trading (MDLC) 20.82% 1.40 11.21% 78.33% 79% -5% 14.4M 8 Geosol Capital (Onshore I) 18.26% 0.41 33.85% 51.67% 89% -19% 10.8M 9 Tianyou Fund LP 17.75% 1.33 25.46% 96.67% 41% -12% 102.2M 10 Millburn Ridgefield Corp (Commodity) 16.08% 1.50 13.74% 65.00% 33% -12% 303.0M 11 HiProb Capital (HiProb-I) 15.84% 2.54 7.05% 93.33% 31% -2% 20.0M 12 Polar Star Mgmt (Polar Star SNN) 15.57% 1.29 8.37% 61.67% 53% -5% 38.6M 13 Geosol Capital 15.34% 0.41 31.79% 56.67% 72% -14% 34.4M 14 QTS Capital Mgmt. (FX Managed Account) 14.60% 1.31 9.99% 65.00% 86% -10% 34.1M 15 Gamma Q (Breckhurst) 13.56% 0.68 25.92% 60.00% 43% -23% 13.8M 16 Pan Capital (Energy Fund LP) 13.44% 0.93 10.45% 53.33% 45% -9% 171.2M 17 Integra Capital (Investment Fund A) 13.20% 0.62 28.25% 81.67% 51% -19% 15.1M 18 P/E Investments (FX Aggressive) 13.12% 0.48 35.45% 53.33% 94% -28% 6500.0M 19 Quantitative Invest. Mgmt (Gl. 3X) 11.14% 0.39 37.26% 60.00% 110% -36% 351.5M 20 Tactical Invest. Mgmt. (Inst'l Comm) 10.99% 0.60 15.87% 58.33% 66% -7% 63.5M Number of Eligible Funds: 342Not for Reprint Disclaimer Past results are not necessarily indicative of future results. Trading in commodity futures and options is speculative in nature and involves the risk of loss of one’s entire investment or more. Prior to investing with any CTA, please read carefully the CTA’s disclosure document. Barclay Managed Funds Report (641) 472-3456 www.BarclayHedge.com BarclayHedge, Ltd. www.BarclayHedge.com (641) 472–3456 Barclay Managed Funds Report 4th Quarter 2018 Top 20 CTA Performers Past Three Years For the period from 01/01/2016 to 12/31/2018. Includes only CTAs managing at least $5 million as of 12/31/2018 3-Yr Comp. Largest % Best Worst Assets Annual Sharpe Draw Winning 12-Mo. 12-Mo. Under Trading Advisors Return Ratio Down Months Period Period Mgmt. ($) 1 Cryptos Fund (Cryptos Fund A) 168.09% 1.15 85.91% 58.33% 4593% -86% 10.0M 2 Pantera Capital Mgmt (Bitcoin) 107.60% 1.10 75.59% 55.56% 1564% -76% 55.7M 3 Altana Wealth (Digital Currency) 88.05% 0.91 78.65% 58.33% 1496% -79% 7.2M 4 GAIA Capital Mgmt (GAIA FX+) 52.77% 3.24 6.23% 77.78% 75% 20% 31.5M 5 Next Level Capital 50.42% 2.58 5.70% 88.89% 75% 4% 20.6M 6 Blue Bar Futures (Prime Ag) 37.65% 1.81 26.87% 75.00% 107% -9% 9.9M 7 Alpha Z (Futures Fund) 30.97% 1.41 28.57% 80.56% 79% -11% 9.2M 8 Geosol Capital (Onshore I) 29.07% 0.53 33.85% 50.00% 89% -19% 10.7M 9 MDC Trading (MDLC) 27.14% 1.47 11.21% 80.56% 79% 2% 14.4M 10 Investment Capital Adv (Managed Accts) 24.62% 0.53 36.19% 47.22% 76% -35% 16.1M 11 CenturionFx Ltd (6X) 21.87% 3.36 0.81% 86.11% 39% 11% 121.4M 12 Aleph Strategies (Aleph Options) 19.96% 4.51 1.64% 97.22% 34% 13% 16.1M 13 Deep Field Capital (Systematic VolArb) 19.28% 1.08 12.26% 69.44% 45% -7% 12.0M 14 Algo Capital LLC (NC3816) 19.17% 0.56 26.30% 58.33% 58% -15% 9.6M 15 Eamon Capital (Zephyr) 18.61% 2.06 7.02% 75.00% 39% 1% 43.2M 16 Vivienne Investissement (Mach 3) 18.15% 0.88 29.61% 58.33% 58% -21% 13.8M 17 SteppenWolf Capital (Sys Intell 30V) 17.83% 0.64 32.36% 50.00% 64% -27% 68.0M 18 Buckingham Global Advisors (WEP) 16.59% 2.15 6.28% 91.67% 29% 8% 20.8M 19 Taaffeite Capital (Global Index LP A) 15.07% 1.31 7.86% 69.44% 36% -1% 20.8M 20 Pan Capital (Energy Fund LP) 15.02% 0.88 8.23% 58.33% 45% -8% 171.2M Number of Eligible Funds: 568Not for Reprint Disclaimer Past results are not necessarily indicative of future results. Trading in commodity futures and options is speculative in nature and involves the risk of loss of one’s entire investment or more. Prior to investing with any CTA, please read carefully the CTA’s disclosure document. Ad Space BarclayHedge, Ltd. www.BarclayHedge.com (641) 472–3456 Barclay Managed Funds Report 4th Quarter 2018 Top 20 CTA Performers 2018 For the period from 01/01/2018 to 12/31/2018. Includes only CTAs managing at least $1 million as of 12/31/2018* Largest Best Worst Assets YTD Sharpe Draw Starting 12-Mo. 12-Mo. Under Trading Advisors Return Ratio Down Date Period Period Mgmt. ($) 1 MDC Trading (MDLC) 78.81% 1.40 11.21% Sep-13 79% -5% 14.4M 2 Investment Capital Adv (Managed Accts) 76.12% 0.52 36.19% Nov-10 398% -35% 16.1M 3 GAIA Capital Mgmt (GAIA FX+) 69.74% 3.81 6.23% Jun-14 126% 20% 31.5M 4 Next Level Capital 49.99% 2.45 5.70% Jan-01 89% 4% 20.6M 5 Geosol Capital (Onshore I) 48.14% 0.41 33.85% Jun-12 89% -19% 10.8M 6 Synchronicity (ChainLogic Fund) 46.90% 0.18 55.27% Nov-17 60% 47% 1.3M 7 Pan Capital (Energy Fund LP) 45.01% 0.93 10.45% Jul-11 45% -9% 171.2M 8 e360 Power Fund LP 42.35% 0.11 54.62% Nov-09 42% -41% 3.4M 9 Blue Bar Futures (Prime Ag) 41.63% 1.41 42.26% Jan-14 192% -9% 9.9M 10 Premium Currency (Currencies) 35.35% 0.58 15.61% Jan-04 36% -14% 661.0M 11 SinoPac Asset Mgmt (Multi Strategy) 34.98% 0.73 14.86% Oct-09 40% -15% 19.1M 12 Blue Bar Futures (US Commodity) 29.55% 3.06 6.11% Feb-17 73% 28% 2.1M 13 P/E Investments (FX Aggressive) 28.58% 0.48 35.45% Oct-03 94% -28% 6500.0M 14 Gresham (ACAR Fund) 28.57% 1.67 5.16% Mar-17 34% 8% 128.0M 15 Aleph Strategies (Aleph Options) 28.12% 4.51 1.64% Jan-16 34% 13% 16.1M 16 Deep Field Capital (Systematic VolArb) 28.10% 0.89 12.26% Dec-14 45% -7% 12.0M 17 GAIA Capital Mgmt (FX Trading) 26.30% 1.56 4.76% Oct-17 26% 20% 3.1M 18 CenturionFx Ltd (6X) 26.24% 1.80 21.22% Jan-06 123% 11% 121.4M 19 Lecka Alpha Trading LP 24.52% 2.34 3.87% Aug-17 59% 25% 6.5M 20 Millburn Ridgefield Corp (Commodity) 23.58% 1.50 13.74% Mar-05 33% -12% 303.0M Number of Eligible Funds: 867Not for Reprint * Note: Performance statistics, except for 2018 YTD Return, are based upon the past 5 years performance or the CTA’s entire history, whichever is shorter. Past results are not necessarily indicative of future results. Trading in commodity futures and options is speculative in nature and involves the risk of loss of one’s entire investment or more. Prior to investing with any CTA, please read carefully the CTA’s disclosure document. Ad Space BarclayHedge, Ltd. www.BarclayHedge.com (641) 472–3456 Barclay Managed Funds Report 4th Quarter 2018 TOP 10 – CONVERTIBLE ARBITRAGE – PAST THREE YEARS For the period from 01/01/2016 to 12/31/2018. Includes only Hedge Funds managing at least $10 million as of 12/31/2018 3-Yr Comp. Corr. Last Largest Assets Annual Sharpe vs. Starting 12-Mo. Draw Under Fund Name Return Ratio S&P 500 Date Period Down Mgmt. ($) 1 Whitebox Relative Value Partners LP 13.38% 2.30 0.19 Jan-01 4% 2% 908.7M 2 Context Partners Fund LP 7.95% 2.39 0.53 Jan-11 3% 2% 93.4M 3 Polygon Convertible Opport Fund - D 7.19% 2.19 0.35 Jun-09 2% 2% 642.8M 4 Tenor Opportunity Master Fund Ltd 6.04% 2.66 0.18 Jul-04 4% 0% 868.1M 5 Steelhead Pathfinder Fund 5.96% 3.60 0.35 Nov-05 3% 0% 800.0M 6 Boussard & Gavaudan Convertible I USD 3.79% 0.48 0.62 May-15 -5% 8% 13.0M 7 Palmer Square SSI Alt Income Class I 3.51% 1.12 0.47 Jun-12 1% 2% 290.3M 8 Westwood Market Neutral Income Ultra 2.17% 0.39 0.24 Jun-15 1% 3% 32.4M 9 GAM Star (Lux) Convertible Alpha DNot USD for2.16% Reprint0.26 0.66 Jan-14 -5% 6% 120.9M 10 Westwood Market Neutral Income Fund 2.04% 0.35 0.22 Jun-15 0% 3% 32.4M Number of Eligible Funds: 18 TOP 10 – DISTRESSED SECURITIES – PAST THREE YEARS For the period from 01/01/2016 to 12/31/2018.
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