The WhaleIndex, a proprietary long-only index composed of leading hedge fund managers’ highest-conviction stocks, provides a starting point for identifying potential value in a dismal market sector. The index includes the 100 stocks most frequently disclosed on the quarterly 13F regulatory filings of consistently successful investment managers.
Thousands of investors with stop-loss orders on exchange trade funds (ETFs) saw their positions crushed in the first 30 minutes of trading on Aug. 24. Seeing a price blow right through your stop is one of the worst experiences in trading. “What do you mean there was no liquidity at my stop? I got filled $5 below my stop?