One hedge fund is up 223% this year thanks to a big bet against tech stocks

Employees work on an assembly line at startup Rivian Automotive's electric vehicle factory in Normal, Illinois, U.S (Photo: Reuters)Premium
Employees work on an assembly line at startup Rivian Automotive's electric vehicle factory in Normal, Illinois, U.S (Photo: Reuters)
 wsj 5 min read . Updated: 19 Jul 2022, 06:35 PM IST Juliet Chung, The Wall Street Journal

Coltrane Asset Management reaped profits on a two-year short of tech and growth companies

In late 2020, Mandeep Manku made a big contrarian bet.

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