This week, we speak with Michael Rockefeller, Co-Chief Investment Officer and co-founder of Woodline Partners. The firm launched in 2019 with around $2 billion in initial assets, and became one of the fastest-growing emerging funds over the past few years. They now manage $7 billion in assets. The hedge fund implements a market-neutral equity strategy, focused on generating “idiosyncratic alpha” and “avoiding systemic risk factors.” Previously, he worked as a Portfolio Manager at Citadel Global Equities and as an Analyst at Millennium Management.
We discuss why Woodline does not focus on Macro events, as they are market-neutral. They seek out the best and worst stocks in various sectors to run a long short portfolio.
A list of his favorite books is here; A transcript of our conversation is available here.
You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.
Be sure to check out our Masters in Business next week with Stephen Suttmeier, director and the Chief Equity Technical Strategist at Merrill Lynch. His regular publications include the Monthly Chart Portfolio of Global Markets, Sectors and Stocks on the Move. Stephen is a highly ranked analyst, was Institutional Investor All-America Research Poll, and was the winner in the Best Bank for Equity Research category in the 2016 and 2017 Technical Analyst Awards.
Mike Rockefeller Books
Monkey Business: Swinging Through the Wall Street Jungle by John Rolfe and Peter Troob
Shoe Dog: A Memoir by the Creator of NIKE by Phil Knight
Elon Musk by Walter Isaacson
