Gabe Plotkin's fund was the most notable public example of a loss during the big meme-stock event of January 2021. However, Melvin was one of many hedge funds that saw severe losses from GameStop.

“The posts said things like ‘it’s very clear we need a second holocaust, the jews can’t keep getting away with this,'” Plotkin wrote in prepared testimony. (JTA) — Gabe ...

A founding partner of Melvin Capital Management is preparing to launch a stock-picking hedge fund more than two years after Gabe Plotkin’s firm shuttered under the weight of wrong-way short bets.