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Melvin Capital

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Hedge fund that closed after suffering huge losses shorting GameStop.

Last updated August 31, 2026

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Nov 4, 2026
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Nov 4, 2026

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Overview

Melvin Capital was a US hedge fund founded by Gabe Plotkin in 2014, focusing on long-short equity strategies. In early 2021, the fund suffered massive losses due to a short squeeze on GameStop and other stocks, ultimately closing in 2022.

Products and positioning

Hedge fund focused on long-short equity strategies

Product categories. Hedge fund

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