Melvin Capital
Hedge fund that closed after suffering huge losses shorting GameStop.
Last updated August 31, 2026
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Overview
Melvin Capital was a US hedge fund founded by Gabe Plotkin in 2014, focusing on long-short equity strategies. In early 2021, the fund suffered massive losses due to a short squeeze on GameStop and other stocks, ultimately closing in 2022.
Products and positioning
Hedge fund focused on long-short equity strategies
Product categories. Hedge fund
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