Otis

[Otis @otis3737]

@finphysnerd Update on this @finphysnerd? Always appreciate your insights

[Otis @otis3737]

@orrdavid Thanks! Oddly not showing up on WhaleWisdom or Fintel. What’s the thinking on holding your ETF within your fund?

[Otis @otis3737]

@orrdavid Hey David, when is your 13f being filed? One of my favorite to look at

[Otis @otis3737]

@SowingAlphaSeed @MrBDelany @finphysnerd This issue becomes the borrow rate, which makes shorting the underlying stock with no borrow a better deal

[Otis @otis3737]

@SowingAlphaSeed What is the target market here? I can’t imagine anyone interested in another layer of fees to guess what industries will go up and down

[Otis @otis3737]

@SowingAlphaSeed Potential short target IMO

[Otis @otis3737]

@DeepSailCapital Agreed on FJET but still a tough borrow rate. Might still be worth it

[Otis @otis3737]

@SowingAlphaSeed @venkat4754 It can definitely add some beta…or something

[Otis @otis3737]

@SowingAlphaSeed @venkat4754 These are ambitious bets, that’s for sure

[Otis @otis3737]

@SowingAlphaSeed Some interesting holdings to look through, especially on the smaller side of market cap

[Otis @otis3737]

@SowingAlphaSeed @BryanGreenbaum I just think there will be adverse selection as well - funds that aren’t doing well enough to charge 2/20 might expand or transition to ETFs. They probably still won’t be worth investing with, honestly

Regardless, it will still be interesting from an idea generation perspective

[Otis @otis3737]

@SowingAlphaSeed @BryanGreenbaum It’s impressive what $ORR has done (I’m an owner), but I think most HF managers think they will cannibalize their make product - with more lucrative economics - if they offer an ETF. I hope I’m wrong!

[Otis @otis3737]

@SowingAlphaSeed Understood, where are you sourcing them? Same accounts as you’re getting the longs?

[Otis @otis3737]

@taobanker Please share more!

[Otis @otis3737]

@taobanker Prescient

[Otis @otis3737]

@CrosscheckC @DeepSailCapital $patk?

[Otis @otis3737]

@finphysnerd Very difficult to borrow but it’s likely a zero