One Stock Powers a Hedge Fund to a Triple-Digit Gain

Three-quarters of Sosin’s assets are invested in high-flying Carvana, which has increased more than 55 times since January 2023.

Red upward arrows with currency exchange rate

Credit: CreativaImages/Getty Images/iStockphoto

This year’s top-performing hedge fund posted another huge gain in October.

Sosin Partners added 50 percentage points to its performance and is now up more than 122 percent for the year, according to a hedge fund database. This is better than double any other hedge fund’s known performance this year.

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