Just a quick rundown of how some of the bigger funds did in that brutal August. First, let’s remember that the S&P 500 was down more than 6% in August. Bill Ackman’s Pershing Square down 9.2 percentMarcato Capital down 9.1 percentLarry Robbins’ Glenview Capital down 5.5 percentDavid Einhorn’s Greenlight Capital down 5.3 percentDan Loeb’s Third Point down 5.2 percentNelson Peltz’s Trian Partners down 4.8 percentBarry Rosenstein’s JANA Partners down 4.3 percentJohn Paulson’s Paulson Partners down 4.2 percentDavid Tepper’s Appaloosa Management down 1.8 percent Of note - the HFRI Fund Weighted Composite Index experienced its biggest drop since May 2012, falling 1.9 percent for the month. The HFRI Equity Hedge Index experienced a decline of 2.6 percent. Short bias funds led sub-strategy performance, gaining 5%, while high beta growth strategies brought up the rear after falling 4.1%. Event-driven strategies fell by 1.7%. Shareholder activist funds were the weakest area of event-driven performance, with the sub-index declining by 3.5%.