Some of the hedge fund universe's brightest stars are avoiding Europe like a black hole, according to short disclosure documents.
Tiger Global Management has doubled down on its negative position on Germany's HelloFresh meal kit company. And it looks like when you put Black Rock together with Blue Prism, all you get is black-and-blue.
The biggest Euroskeptic at the moment, though, is Citadel Investment Group. It's shorting such familiar names as BAE Systems and Michelin, but has a particular dim view of Delivery Hero, a German online food-delivery service.
With those moves against HelloFresh and Delivery Hero, we can only presume that Germans are expected to cook less and eat out more. And just in time for Oktoberfest!