Skip to content
Subscriber Only

Man Group Has a Message for Reddit Rookies: We’re Watching You

WallStreetBets Forum as Hedge Funds Lose Billions to Reddit Traders Running Amok
Photographer: Bloomberg/Bloomberg

The world’s largest publicly-listed hedge fund has decided that the Reddit mob is now too influential to be ignored.

Man Group Plc, known for its computer-driven quant funds, has built a system to track hot topics on the website’s WallStreetBets forum, according to Chief Executive Officer Luke Ellis. Managers receive a daily report on names being discussed on the site that hosted the hordes of retail investors behind the recent short squeeze on GameStop Corp.