New York (HedgeCo.net) – As the returns for August continue to roll in from various hedge funds, there have only been a handful that actually gained ground in August, but some funds are still reporting substantial year to date gains even after taking a loss in August. Two particular funds that are still up over 20% YTD are both run by protégés of Julian Robertson, the legendary founder of Tiger Management.

Maverick Capital was founded by Lee Ainslie and the fund took a loss of 1.2% on the month according to a recent Reuters’ article. Despite the loss on the month, the YTD gain still sits at 20.5%. Nehal Chopra’s Tiger Ratan took a bigger loss in August, but still has a greater YTD return than Maverick Capital. Chopra’s fund took a loss of 6.6% last month, but is still showing a gain of 21.6% YTD.

True to the Tiger Management philosophy, both Maverick Capital and Tiger Ratan use stock picking to distinguish themselves from other funds. Apparently these two managers have used superior stock picking skills to show those returns in 2015.

Rick Pendergraft
Research Analyst
HedgeCoVest