How Trump’s Tariffs Could Hurt Hedge Funds

Elliott, Citadel, Millennium, and Tiger Global are among the hedge funds deep into companies that their peers love — and Trump’s tariffs may target.

Tim Goessman/Bloomberg

Tim Goessman/Bloomberg

President Donald Trump’s new tariff policy could hurt stocks with a high concentration of hedge fund ownership, according to an analysis by Novus Research.

Some of the stocks that could be the hardest hit due to a high concentration of hedge fund ownership are Michael Kors Holdings, Fiat Chrysler Automobiles, and Ferrari.

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