Discretionary Trader Index For April 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 Apr 2018 Min Inv Inception 77 Mesirow Financial Investment Management, Inc. Asian Markets Alpha Program -6.05 10,000k 2/1/2006 77 Mesirow Financial Investment Management, Inc. Asian Markets Alpha Program -6.05 10,000k 2/1/2006 76 M6 Capital Management LLC Standard Program -4.88 300k 7/1/2005 76 M6 Capital Management LLC Standard Program -4.88 300k 7/1/2005 75 Mesirow Financial Investment Management, Inc. Extended Markets Alpha Program -4.43 10,000k 4/1/2004 75 Mesirow Financial Investment Management, Inc. Extended Markets Alpha Program -4.43 10,000k 4/1/2004 74 Whitmore Capital Management LLC Whitmore Capital LP -4.03 250k 6/1/2012 74 Whitmore Capital Management LLC Whitmore Capital LP -4.03 250k 6/1/2012 73 AG Capital Investments, LLC Discretionary Global Macro Program -2.95 500k 10/1/2014 73 AG Capital Investments, LLC Discretionary Global Macro Program -2.95 500k 10/1/2014 72 Witter & Lester, Inc. Diversified Trading Program -2.34 100k 4/1/2013 72 Witter & Lester, Inc. Diversified Trading Program -2.34 100k 4/1/2013 71 QCAM Currency Asset Management AG QCAM v-Pro Dynamic -1.17 1,000k 7/1/2007 71 QCAM Currency Asset Management AG QCAM v-Pro Dynamic -1.17 1,000k 7/1/2007 70 Sector Arc Advisors Global Lean Hog Ag -1.09 250k 10/1/2015 70 Sector Arc Advisors Global Lean Hog Ag -1.09 250k 10/1/2015 69 Tyche Capital Advisors LLC Institutional Spreads -1.07 250k 3/1/2014 69 Tyche Capital Advisors LLC Institutional Spreads -1.07 250k 3/1/2014 68 NickJen Capital Management & Consultants LLC NRD-1 -1.05 1,000k 4/1/2008 68 NickJen Capital Management & Consultants LLC NRD-1 -1.05 1,000k 4/1/2008 67 Gregory P Asset Management LLC Alternative Multi Strategy -1.04 500k 11/1/2012 67 Gregory P Asset Management LLC Alternative Multi Strategy -1.04 500k 11/1/2012 66 Lochridge Investment Advisors Lochridge Investment Advisors, LLC (Energy) -0.95 1,000k 2/1/2015 66 Lochridge Investment Advisors Lochridge Investment Advisors, LLC (Energy) -0.95 1,000k 2/1/2015 65 Ilgenwald Trading, LLC Ilgenwald Trading, LLC -0.91 100k 11/1/2013 65 Ilgenwald Trading, LLC Ilgenwald Trading, LLC -0.91 100k 11/1/2013 64 Commodities Analytics LLC Daily Analytics -0.72 100k 1/1/2014 64 Commodities Analytics LLC Daily Analytics -0.72 100k 1/1/2014 63 Gregory P Asset Management LLC Seasonal Spread and Options Strategy -0.72 50k 9/1/2009 63 Gregory P Asset Management LLC Seasonal Spread and Options Strategy -0.72 50k 9/1/2009 62 Doherty Advisors LLC Grey Swan Hedge -0.71 10,000k 4/1/2010 62 Doherty Advisors LLC Grey Swan Hedge -0.71 10,000k 4/1/2010 61 M&R Capital, LLC Livestock Trading Program -0.55 100k 1/1/2015 61 M&R Capital, LLC Livestock Trading Program -0.55 100k 1/1/2015 60 Warrington Asset Management Warrington Strategic Program -0.54 50k 1/1/1997 60 Warrington Asset Management Warrington Strategic Program -0.54 50k 1/1/1997 59 Wharton Capital Management Wharton AG Futures Program -0.47 100k 9/1/2011 59 Wharton Capital Management Wharton AG Futures Program -0.47 100k 9/1/2011 58 Hehmeyer Capital Management, LLC Hehmeyer Meat Complex -0.41 100k 11/1/2013 58 Hehmeyer Capital Management, LLC Hehmeyer Meat Complex -0.41 100k 11/1/2013 57 Ditsch Trading, LLC Agricultural Trading Program -0.38 100k 1/1/2011 57 Ditsch Trading, LLC Agricultural Trading Program -0.38 100k 1/1/2011 56 Third Street Ag Investments, LLC Fundamental Discretionary Ag -0.31 500k 8/1/2012 56 Third Street Ag Investments, LLC Fundamental Discretionary Ag -0.31 500k 8/1/2012 55 Four Seasons Commodities Corp Lone Star Program -0.26 300k 1/1/2005 55 Four Seasons Commodities Corp Lone Star Program -0.26 300k 1/1/2005 54 Bensboro Advisors, LLC Seasonal Spread Trading Program -0.25 500k 1/1/2015 54 Bensboro Advisors, LLC Seasonal Spread Trading Program -0.25 500k 1/1/2015 53 Blake Capital Management, Inc. SRD Currencies -0.20 100k 3/1/2013 53 Blake Capital Management, Inc. SRD Currencies -0.20 100k 3/1/2013 52 Bluegrass Capital Management Cross Market Bias Model -0.14 3,000k 7/1/2014 52 Bluegrass Capital Management Cross Market Bias Model -0.14 3,000k 7/1/2014 51 Robust Methods LLC Macro Managed Account -0.13 5,000k 1/1/2005 51 Robust Methods LLC Macro Managed Account -0.13 5,000k 1/1/2005 50 Blake Capital Management, Inc. SRD Short Equities -0.08 100k 1/1/2011 50 Blake Capital Management, Inc. SRD Short Equities -0.08 100k 1/1/2011 49 Emil van Essen Multi-Strategy Program -0.06 6,000k 5/1/2014 49 Emil van Essen Multi-Strategy Program -0.06 6,000k 5/1/2014 48 Evergreen Commodity Advisors, LLC Discretionary -0.05 100k 1/1/2015 48 Evergreen Commodity Advisors, LLC Discretionary -0.05 100k 1/1/2015 47 Bluenose Capital Management, LLC BNC BI -0.04 30k 10/1/2008 47 Bluenose Capital Management, LLC BNC BI -0.04 30k 10/1/2008 46 Greenwave Capital Management Greenwave Flaghship (Futures Only) 0.06 10,000k 7/1/2008 46 Greenwave Capital Management Greenwave Flaghship (Futures Only) 0.06 10,000k 7/1/2008 45 Hehmeyer Capital Management, LLC Commodity Capital - Grain & Oil Seeds Program 0.07 1,000k 1/1/2006 45 Hehmeyer Capital Management, LLC Commodity Capital - Grain & Oil Seeds Program 0.07 1,000k 1/1/2006 44 Valia Capital Management Global Tactical Program 0.10 200k 5/1/2014 44 Valia Capital Management Global Tactical Program 0.10 200k 5/1/2014 43 GammaQ Commodity Program Managed Account 0.15 3,000k 4/1/2011 43 GammaQ Commodity Program Managed Account 0.15 3,000k 4/1/2011 42 Rosetta Capital Management Macro Program 0.17 50k 1/1/2009 42 Rosetta Capital Management Macro Program 0.17 50k 1/1/2009 41 Trigon Investment Advisors, LLC Discretionary Macro Program 0.21 10,000k 8/1/2007 41 Trigon Investment Advisors, LLC Discretionary Macro Program 0.21 10,000k 8/1/2007 40 Demeter Capital Management Livestock & Grain Trading Program 0.22 50k 3/1/2010 40 Demeter Capital Management Livestock & Grain Trading Program 0.22 50k 3/1/2010 39 Advanced Arbitrage Concepts Advanced Arbitrage Concepts Account 1 0.24 500k 5/1/2013 39 Advanced Arbitrage Concepts Advanced Arbitrage Concepts Account 1 0.24 500k 5/1/2013 38 Hehmeyer Capital Management, LLC HOGO 0.24 1,000k 5/1/2013 38 Hehmeyer Capital Management, LLC HOGO 0.24 1,000k 5/1/2013 37 WESTCAY LLC Tropicals Program 0.29 250k 1/1/2014 37 WESTCAY LLC Tropicals Program 0.29 250k 1/1/2014 36 Blackheath Fund Management Inc. Blackheath Tactical FI Strategy 0.33 50k 10/1/2011 36 Blackheath Fund Management Inc. Blackheath Tactical FI Strategy 0.33 50k 10/1/2011 35 Value & Growth CTA, LLC Value & Growth Program 0.37 50k 6/1/2014 35 Value & Growth CTA, LLC Value & Growth Program 0.37 50k 6/1/2014 34 Warrington Asset Management Tactical Program Client 0.39 500k 2/1/2015 34 Warrington Asset Management Tactical Program Client 0.39 500k 2/1/2015 33 Three Rock Capital Management Global Macro Program 0.47 1,000k 1/1/2009 33 Three Rock Capital Management Global Macro Program 0.47 1,000k 1/1/2009 32 Schindler Capital Management, LLC Dairy Advantage Program 0.47 200k 8/1/2005 32 Schindler Capital Management, LLC Dairy Advantage Program 0.47 200k 8/1/2005 31 Typhon Capital Management, LLC Vulcan Metals Strategy 0.49 2,000k 11/1/2011 31 Typhon Capital Management, LLC Vulcan Metals Strategy 0.49 2,000k 11/1/2011 30 Doherty Advisors LLC Orion 0.56 1,000k 6/1/2015 30 Doherty Advisors LLC Orion 0.56 1,000k 6/1/2015 29 HPX Financial LLC HPX Old School Program 0.56 200k 6/1/2006 29 HPX Financial LLC HPX Old School Program 0.56 200k 6/1/2006 28 Typhon Capital Management, LLC Plutus Grain Strategy 0.59 250k 4/1/2008 28 Typhon Capital Management, LLC Plutus Grain Strategy 0.59 250k 4/1/2008 27 Redleaf Capital, LLC Fallback Fundamentals - Accounts >$50K 0.63 50k 10/1/2011 27 Redleaf Capital, LLC Fallback Fundamentals - Accounts >$50K 0.63 50k 10/1/2011 26 Greenwave Capital Management Greenwave Flagship Plus 0.63 1,000k 6/1/2008 26 Greenwave Capital Management Greenwave Flagship Plus 0.63 1,000k 6/1/2008 25 Jaguar Investments Ltd Ultro Capital Strategy 0.77 1,000k 1/1/2012 25 Jaguar Investments Ltd Ultro Capital Strategy 0.77 1,000k 1/1/2012 24 GammaQ Breckhurst Commodity Fund 0.87 1,000k 10/1/2006 24 GammaQ Breckhurst Commodity Fund 0.87 1,000k 10/1/2006 23 Doherty Advisors LLC Relative Value Plus 0.88 1,000k 7/1/2011 23 Doherty Advisors LLC Relative Value Plus 0.88 1,000k 7/1/2011 22 Doherty Advisors LLC Compass 1.12 1,000k 6/1/2015 22 Doherty Advisors LLC Compass 1.12 1,000k 6/1/2015 21 Carbide Capital Inc. Carbide Absolute Return Program 1.18 200k 9/1/2014 21 Carbide Capital Inc. Carbide Absolute Return Program 1.18 200k 9/1/2014 20 Greenwave Capital Management Greenwave Flagship Discretionary Plus 1.22 1,000k 9/1/2012 20 Greenwave Capital Management Greenwave Flagship Discretionary Plus 1.22 1,000k 9/1/2012 19 County Cork LLC RLA I 1.23 500k 1/1/2009 19 County Cork LLC RLA I 1.23 500k 1/1/2009 18 Amapa Capital Advisors LLC Energy Program 1.44 1,000k 2/1/2015 18 Amapa Capital Advisors LLC Energy Program 1.44 1,000k 2/1/2015 17 Redleaf Capital, LLC Fallback Fundamentals - Accounts <$50K 1.45 25k 1/1/2011 17 Redleaf Capital, LLC Fallback Fundamentals - Accounts <$50K 1.45 25k 1/1/2011 16 Bighorn Capital Partners Denali 1.47 8/1/2015 16 Bighorn Capital Partners Denali 1.47 8/1/2015 15 Tlaloc Capital LLC Grains Program 1.53 1,000k 4/1/2010 15 Tlaloc Capital LLC Grains Program 1.53 1,000k 4/1/2010 14 Bluenose Capital Management, LLC BNC EI 1.54 15k 7/1/2010 14 Bluenose Capital Management, LLC BNC EI 1.54 15k 7/1/2010 13 Doherty Advisors LLC Relative Value Growth 1.60 1,000k 6/1/2003 13 Doherty Advisors LLC Relative Value Growth 1.60 1,000k 6/1/2003 12 Tianyou Asset Management, LLC Tianyou Fund LP 1.65 100k 10/1/2012 12 Tianyou Asset Management, LLC Tianyou Fund LP 1.65 100k 10/1/2012 11 Greenwave Capital Management Greenwave Flagship Plus 2x 1.75 1,500k 4/1/2016 11 Vilk Commodity Services Limited Vilk Base Metals Relative Value Program 2.25 2,000k 1/1/2013 10 Vilk Commodity Services Limited Vilk Base Metals Relative Value Program 2.25 2,000k 1/1/2013 10 Sigma Advanced Capital Management, LLC Global Advanced Futures and Spread Program (QEP) 2.30 200k 2/1/2016 9 Sigma Advanced Capital Management, LLC Global Advanced Futures and Spread Program (QEP) 2.30 200k 2/1/2016 9 Bluenose Capital Management, LLC BNC CL 2.42 15k 12/1/2013 8 Bluenose Capital Management, LLC BNC CL 2.42 15k 12/1/2013 8 Bocken Trading LLC Discretionary Trading Program 2.51 100k 7/1/2011 7 Bocken Trading LLC Discretionary Trading Program 2.51 100k 7/1/2011 7 Buttonwood LLC Energy Diversified 1 2.54 100k 7/1/2014 6 Buttonwood LLC Energy Diversified 1 2.54 100k 7/1/2014 6 Advanced Arbitrage Concepts Advanced Arbitrage Concepts Account 2 2.78 100k 7/1/2013 5 Advanced Arbitrage Concepts Advanced Arbitrage Concepts Account 2 2.78 100k 7/1/2013 5 Sandpiper Asset Management Sandpiper Global Macro Program 3.68 1,000k 8/1/2012 4 Sandpiper Asset Management Sandpiper Global Macro Program 3.68 1,000k 8/1/2012 4 Blue Bar Futures Trading Management LLC Blue Bar Prime Ag Program 5.05 100k 1/1/2014 3 Trading Study SPK – E-Mini S&P 500 Option 5.26 15k 10/1/2009 3 Trading Study SPK – E-Mini S&P 500 Option 5.26 15k 10/1/2009 2 Alpha Z Advisors LLC Alpha Z Futures Fund, LLC 6.74 100k 7/1/2013 2 Alpha Z Advisors LLC Alpha Z Futures Fund, LLC 6.74 100k 7/1/2013 1 Gregory P Asset Management LLC Low Volatility Income Strategy 6.96 100k 5/1/2015 1 Gregory P Asset Management LLC Low Volatility Income Strategy 6.96 100k 5/1/2015 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.