Paul Tudor Jones Emerges As Latest Mega Bear With Record Surge In S&P Puts

Paul Tudor Jones Emerges As Latest Mega Bear With Record Surge In S&P Puts:

It appears that Paul Tudor Jones is even more bearish than George Soros, based on the surge in the fund’s S&P puts, which rose from $490 million notional to $1.7 billion notional, a nearly four-fold increase, and making it the biggest such position in the fund’s history. In fact, as of this moment, PTJ’s gross put exposure amounts to 37% of his entire disclosed long equity exposure of just over $4.7 billion.

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Paul Tudor Jones Terminates 15% Of Workforce After A Surge In Withdrawals

Paul Tudor Jones Terminates 15% Of Workforce After A Surge In Withdrawals:

Paul Tudor Jones dismissed about 15% of the workforce at his Tudor Investment Corp, after losses and investor withdrawals at the $11 billion hedge fund. Tudor Investment earlier Tuesday informed the affected employees, which include positions ranging from money managers to support staff.

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