A top-performing hedge fund is making a big bet on gold

by nearly 180% to $38 million by the end of the second quarter, making it the biggest position the fund holds. The ramped-up wager could be a defensive play against more market turbulence ahead.

CNBC used Symmetric.io to find those hidden gems from nearly 1,000 hedge funds in its database with this proprietary indicator of performance called StockAlpha. The scores stemmed from comparing the performance of equities in the funds with that of a sector exchange-traded fund.

Sensitive sense of smell, hedging, stock market storms。

Honestly, how many top-performing hedge funds are there. So many go out of business each year and they charge ridiculous fees.

Bet they’re all a bunch of nerds!

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