Who benefited from the GameStop short squeeze?
Shows who gained or lost, and who disputes a study that says so, in the words of whoever says it.
Not that anyone caused it.
A connection is not evidence of wrongdoing.
Each account
A to Z, none ranked above another.
According to Gabe Plotkin
-
Melvin Capital
harmed by
Primary record
1
When this frenzy began, Melvin started closing out its position in GameStop at a loss, not because our investment thesis had changed but because something unprecedented was happening.
According to Senvest Capital
-
Senvest Capital
benefited from
Primary record
2
Included in the portfolio and our optimism for 2021 was a new core holding established in Q4 of 2020, GameStop (“GME”). As has been widely reported in the media, we had tremendous success in January with our GME investment, which we fully crystallized.
Senvest says it built the GameStop holding in the fourth quarter of 2020 and fully cashed in its January 2021 gain.
Proof 2 sources
-
Testimony of Gabriel Plotkin, Founder and Chief Investment Officer, Melvin Capital Management, U.S. House Committee on Financial Services, 18 Feb 2021.
Primary record
When this frenzy began, Melvin started closing out its position in GameStop at a loss, not because our investment thesis had changed but because something unprecedented was happening.
-
Senvest Capital Inc. 2020 Annual Report, Senvest Capital Inc., May 2021.
Primary record
Archived copy
Included in the portfolio and our optimism for 2021 was a new core holding established in Q4 of 2020, GameStop (“GME”). As has been widely reported in the media, we had tremendous success in January with our GME investment, which we fully crystallized.
How this answer is built
Lines on the record come first: sourced links that no one presents as their own account, each with its strongest source. Then every account recorded here gets its own column, A to Z, none ranked above another. A column quotes only that account's own words and shows the strength of its own sources. Disputed lines are listed apart, with the reason, and lines still being verified come last. Neither is counted. Withdrawn lines are never shown.
When a list is longer than the page shows, the links the public methodology ranks strongest stay (methodology 0.3), and the rest open in the explorer.
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