Newbrook Capital Like Chinese Internet Plays; Shorts Woolworths

Hedge fund Newbrook Capital generated a net performance of 0.3% during the second quarter of 2015, according to a letter reviewed by ValueWalk. The fund’s long positions contributed 1.4% of gross performance, and shorts took 1.0% off performance figures (negative return of 1.0%). At the end of the quarter, the fund’s gross exposure was 125% with…