Discretionary Trader Index For December 2018 Need help with terms? Monthly Rankings Show ranking for: January February March April May June July August September October November December 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 Rank CTA/Program Dec 2018 Min Inv Inception 70 Gregory P Asset Management LLC Low Volatility Income Strategy -8.22 100k 5/1/2015 69 Doherty Advisors LLC Orion -7.59 1,000k 6/1/2015 68 Carbide Capital Inc. Carbide Absolute Return Program -5.56 200k 9/1/2014 67 Emil van Essen Multi-Strategy Program -4.29 6,000k 5/1/2014 66 Doherty Advisors LLC Compass -3.71 1,000k 6/1/2015 65 Buttonwood LLC Energy Diversified 1 -3.71 100k 7/1/2014 64 Gregory P Asset Management LLC Seasonal Spread and Options Strategy -3.63 50k 9/1/2009 63 Warrington Asset Management Warrington Strategic Program -3.00 50k 1/1/1997 62 Ilgenwald Trading, LLC Ilgenwald Trading, LLC -2.79 100k 11/1/2013 61 Ditsch Trading, LLC Agricultural Trading Program -2.34 100k 1/1/2011 60 Bocken Trading LLC Discretionary Trading Program -2.20 100k 7/1/2011 59 Trigon Investment Advisors, LLC Discretionary Macro Program -1.98 10,000k 8/1/2007 58 Demeter Capital Management Livestock & Grain Trading Program -1.82 50k 3/1/2010 57 Wharton Capital Management Wharton AG Futures Program -1.02 100k 9/1/2011 56 Gregory P Asset Management LLC Alternative Multi Strategy -0.89 500k 11/1/2012 55 Davis Commodities, LLC Davis Trading Program -0.81 250k 1/1/2016 54 Advanced Arbitrage Concepts Advanced Arbitrage Concepts Account 2 -0.68 100k 7/1/2013 53 Bighorn Capital Partners Denali -0.48 8/1/2015 52 Tlaloc Capital LLC Grains Program -0.47 1,000k 4/1/2010 51 NickJen Capital Management & Consultants LLC NRD-1 -0.37 1,000k 4/1/2008 50 M&R Capital, LLC Livestock Trading Program -0.31 100k 1/1/2015 49 Advanced Arbitrage Concepts Advanced Arbitrage Concepts Account 1 -0.21 500k 5/1/2013 48 Blake Capital Management, Inc. SRD Currencies -0.14 100k 3/1/2013 47 Schindler Capital Management, LLC Dairy Advantage Program -0.12 400k 8/1/2005 46 Blake Capital Management, Inc. SRD Short Equities -0.08 100k 1/1/2011 45 Lochridge Investment Advisors Lochridge Investment Advisors, LLC (Energy) -0.07 1,000k 2/1/2015 44 HPX Financial LLC HPX Old School Program -0.07 200k 6/1/2006 43 Warrington Asset Management Tactical Program Client -0.06 500k 2/1/2015 39 GammaQ Breckhurst Commodity Fund 0.00 1,000k 10/1/2006 40 GammaQ Commodity Program Managed Account 0.00 3,000k 4/1/2011 42 WESTCAY LLC Tropicals Program 0.00 250k 1/1/2014 41 Trading Study SPK – E-Mini S&P 500 Option 0.00 15k 10/1/2009 33 Four Seasons Commodities Corp Lone Star Program 0.00 300k 1/1/2005 35 Valia Capital Management Global Tactical Program 0.00 200k 5/1/2014 36 Bluegrass Capital Management Cross Market Bias Model 0.00 3,000k 7/1/2014 37 Alpha Z Advisors LLC Alpha Z Futures Fund, LLC 0.00 100k 7/1/2013 34 ITB Capital Advisors LLC ITB Time Value Trading Program 0.00 5,000k 1/1/2009 38 Witter & Lester, Inc. Diversified Trading Program 0.00 100k 4/1/2013 32 Jaguar Investments Ltd Ultro Capital Strategy 0.01 1,000k 1/1/2012 31 Greenwave Capital Management Greenwave Flaghship (Futures Only) 0.01 10,000k 7/1/2008 30 Third Street Ag Investments, LLC Fundamental Discretionary Ag 0.03 500k 8/1/2012 29 Hehmeyer Capital Management, LLC Hehmeyer Discretionary S&P 0.06 250k 4/1/2016 28 Carbide Capital Inc. Carbide Hedge Progam 0.10 500k 9/1/2016 27 Greenwave Capital Management Greenwave Flagship Plus 0.11 1,000k 6/1/2008 26 Greenwave Capital Management Greenwave Flagship Plus 2x 0.14 1,500k 4/1/2016 25 Sigma Advanced Capital Management, LLC Global Advanced Futures and Spread Program (QEP) 0.16 400k 2/1/2016 24 Typhon Capital Management, LLC Vulcan Metals Strategy 0.18 2,000k 11/1/2011 23 County Cork LLC RLA I 0.30 500k 1/1/2009 22 JTM Capital Management LLC JTM Absolute Return Strategy 0.37 100k 10/1/2016 21 Typhon Capital Management, LLC Plutus Grain Strategy 0.41 250k 4/1/2008 20 Bensboro Advisors, LLC Seasonal Spread Trading Program 0.41 500k 1/1/2015 19 Whitmore Capital Management LLC Whitmore Capital LP 0.45 250k 6/1/2012 18 Crediton Hill LLC Crediton Hill Managed Account Program 0.53 250k 8/1/2013 17 Doherty Advisors LLC Relative Value Growth 0.71 1,000k 6/1/2003 16 Hehmeyer Capital Management, LLC Hehmeyer Meat Complex 0.87 100k 11/1/2013 15 Amapa Capital Advisors LLC Energy Program 0.89 1,000k 2/1/2015 14 Greenwave Capital Management Greenwave Flagship Discretionary Plus 1.04 1,000k 9/1/2012 13 Sector Arc Advisors Global Lean Hog Ag 1.10 250k 10/1/2015 12 Typhon Capital Management, LLC Zephyrus Livestock Strategy 1.49 500k 1/1/2017 11 Three Rock Capital Management Global Macro Program 2.03 1,000k 1/1/2009 10 Blackheath Fund Management Inc. Tactical FI Strategy 2.16 50k 10/1/2011 9 RCMA Capital LLP Merchant Commodity Fund 2.50 1,000k 6/1/2004 8 Doherty Advisors LLC Grey Swan Hedge 2.61 10,000k 4/1/2010 7 Alpha Centauri Capital Management LLC Alpha Centauri Tactical Opportunities 2.83 500k 1/1/2011 6 Doherty Advisors LLC Relative Value Plus 3.01 1,000k 7/1/2011 5 Evergreen Commodity Advisors, LLC Discretionary 3.78 100k 1/1/2015 4 Tianyou Asset Management, LLC Tianyou Fund LP 4.20 100k 10/1/2012 3 Robust Methods LLC Macro Managed Account 4.31 5,000k 1/1/2005 2 Sandpiper Asset Management Sandpiper Global Macro Program 5.63 1,000k 8/1/2012 1 AG Capital Management Partners, LP Discretionary Global Macro Program 5.69 500k 10/1/2014 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. IASG indexes are generated daily based on CTA manager supplied sector focus, investment strategy and performance. To participate in the IASG index, a program must have a minimum track record of 3 year's performance. Other indexes require a minimum two year track record. Strategy based indexes require the program's composition be more than 50% of the specific strategy. It is not possible for an investor to invest in any of the IASG indexes.