The Biggest Losers From Today's Rout
It is unclear what catalyzed today's dump. Futures were briefly green at the open, then as if all hell broke loose and without an explicit catalyst (although the technical collapse of numerous "story stocks" which had been market leaders for months, both today and in recent weeks has not helped) the E-mini, and individual stocks, just took out level after level of bids and at last check the Dow has dropped to 6 month lows, the S&P is just barely green for the year, while the biggest pain is in the Nasdaq which has dropped as much as 2% intraday.
So who are the biggest losers?
Below we lay out some of the most prominent investors, whose ownership as a % shares outstanding in today's biggest market casualties is shown in round brackets (). We look at the biggest mid ($2-$10BN market cap) and large caps ($10BN and higher) losers of the day, which we lay out in order of redness, and some of the most prominent holders of the various stocks:
Keurig Green Mountain: -28%
SunEdison: -21%
- Coca-Cola (16.8%)
- Fidelity (11.7%)
- Vanguard (4.9%)
- Blackrock (4.4%)
- Morgan Stanley (3.5%)
Generac: -13%
- Greenlight Capital (7.8%)
- Glenview (3.8%)
- Lone Pine (3.6%)
- Fir Tree (3.3%)
- Third Point (3.2%)
- Steadfast Capital (3.0%)
- Omega Advisors (2.8%)
- York Capital (2.7%)
- Velinor (2.3%)
- Altai Capital (2.0%)
- Luxor (1.5%)
- Baron Capital (5.0%)
- Goldman Sachs (3.7%)
- TimesSquare Capital (3.1%)
- Keeley Asset Management (1.6%)
- Burgundy Asset Management (1.6%)
- Pyramis (1.5%)
- Bessemer (1.4%)
- Point72 (0.8%)
- Stratton (0.7%)
- Mason Street (0.7%)
TSLA: -10%...MORE
- Elon Musk (22.4%)
- Baron Capital (1%)
- Andor Capital (0.8%)
- JAT Capital (0.6%)
- Allianz (0.5%)
- HHR Asset Management (0.5%)
- Geode Capital (0.4%)
- Balysany (0.3%)