In Brief

  • Lone Pine’s flagship fund fell 30 % in Q3 after gaining 44 % through June.

  • AI-related stock investments, including Nebius and ASML, sharply reversed course during the quarter.

  • The fund rose just 0.6 % in September, giving back almost all of its earlier gains.

Read the original story One of Wall Street’s Best Hedge Funds Just Lost a 44 % Gain on AI Bets by Lockridge Okoth on se.beincrypto.com