莱昂·库珀曼（Leon Cooperman）、大卫·泰珀（David Tepper）在第二季度亿万富翁对决中击败沃伦·巴菲特（Warren Buffett）、比尔·阿克曼（Bill Ackman）

The second quarter delivered a jolt for hedge fund watchers, with some of Wall Street's most storied managers posting eye-catching gains.

Among the billionaires, Leon Cooperman topped the list with a 17.02% quarterly equity-weighted gain, while Appaloosa LP and Lone Pine Capital LLC weren't far behind at 10.85% and 9.96%, respectively. Meanwhile, Carl Icahn added 9.9%, proving that activist veterans can still move markets.

• Track Cooperman’s top holding COOP here.

Source: WhaleWisdom

Tepper, Cooperman Lead The Aggressive Pack

David Tepper's Appaloosa LP demonstrated why growth and opportunistic strategies can dominate a quarter, while Cooperman's disciplined stock selection showed veteran insight still matters. Icahn’s gains, combined with solid performances from Tiger Global (6.9%) and Daniel S. Loeb‘s Third Point LLC (8.27%), underscore a quarter that favors nimble, concentrated strategies.

Read Also: Icahn Hedge Fund’s Q2 Moves: Centuri Stake Soars, JetBlue Held, 2 Positions Exited

Stalwarts Had Quieter Quarter

• Warren Buffett‘s Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) eked out 0.95%
• Bill Ackman‘s Pershing Square Capital Management posted 4.24%, and
• George Soros‘ Soros Fund Management added 4.62%.

Even though Buffett, Ackman, and Soros didn't lead the second quarter charge, their multi-year track records remain formidable, underscoring the enduring power of patience and scale.

The Big Picture

A second-quarter performance snapshot reveals the hedge fund world in dynamic motion: aggressive, high-conviction managers like Cooperman, Tepper, and Icahn can capture headlines and deliver outsized quarterly results, while long-term veterans provide stability and durable returns.

Read Next:

• Tom Lee’s $5 Billion Ethereum Bet Puts Bitcoin Maximalists On Notice

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