William Harnisch, a Chartered Financial Analyst for over 50 years, created Peconic Partners in 2000. In Q4 2022, William Harnisch and his firm ranked first on HedgeFollow’s list of the top 20 hedge funds. Peconic Partners prides itself on its ability to generate positive returns on its investments over the long term through a variety of market conditions.
HedgeFollow draws the member companies on its list from a pool of over 10,000 possible entrants. Using regulatory forms like the 13F, it determines the top 20 holdings in each portfolio, calculating how much money the firms spent on their investments, when they purchased them, and the return on those investments earned in the three years since they acquired them. HedgeFollow publishes its list, detailing the findings from the prior quarter, within the first two weeks of the next quarter. Each ranking features details like the current fund manager, the assets under management (AUM), the three-year performance, and the annualized three-year return.