Arthur Smelyansky is a systematic portfolio manager and founder of Maccabi Capital Management, a hedge fund focused on disciplined, rules-based investing. His flagship strategy, Maccabi Alpha Fund, LP, leverages a five-part multi-strategy framework that thrives across varying market environments. The fund blends trend-following, mean reversion, hedging, alternative exposures, and defensive positioning to deliver strong, risk-adjusted returns without relying on market forecasts.
Arthur's approach is rooted in one central belief: the market doesn’t owe us clarity, so rather than trying to predict the next move, he waits for confirmation, giving up the first part of a move to gain confidence and asymmetry on the rest. This risk-first mindset is not just theoretical. In 2022, Arthur placed Top 10 in the U.S. Investing Championship, returning +39.6% while the S&P 500 fell 18%, a real-money demonstration of his strategy’s resilience
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Shannon Tokheim has been an associate editor & contributing writer for MarketBeat since 2024.
Shannon leverages her background in English to produce clear, concise, and engaging financial news. With a degree in English from South Dakota State University, Shannon excels in transforming complex market data into accessible content. She is dedicated to maintaining high editorial standards and providing valuable insights to MarketBeat readers.
Bachelor of Arts in English/History, South Dakota State University