From zero to $20 million. That's the lightning speed journey of Hugo Manenti that spanned 12 months from when he started trading on eToro barely a couple of years ago in 2020. Learn about his background and trading strategies in this brief profile article about one of eToro most copied investors.
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Hugo Manenti Fact Card
Name: Hugo Angelo Lucien Manenti
Based In: Barcelona, Spain
Alma mater: HEC School of Management, Master of Science Management
Pontificia Universidad Católica de Chile, Master of Business Administration
Title: Popular Investor, eToro
Strategic and Financial Advisor
Hugo Manenti earned a Master of Science in Management degree from HEC Paris where he studied from 2010 to 2014. In 2013, he also finished a Master of Business Administration (MBA) Exchange Program at Pontificia Universidad Catolica de Chile. He is fluent in English, Spanish and Italian to go along with his native language of French.
Manenti got his first job after graduation at 3i Group plc as an Off-Cycle Analyst for less than a year. He transferred to Evercore as an M&A Analyst in the same year where he worked until 2017. Afterward, he ventured deep into the financial industry when he was hired as an Investment Associate at Virgin's headquarters in London from 2017 to 2019. He then became the Director for Corporate Development at Fluidra based in Barcelona from 2019 to 2021. Beginning in September 2021, Manenti chose self-employment and entered eToro's Popular Investor Program where he is now thriving as one of the most followed and copied investor on the social trading platform.
Manenti's career was spent mostly in the Investment Banking and Private Equity sectors before he focused further on trading.
Trading in eToro
Hugo Manenti first started trading on eToro in 2020 before becoming a popular trader by 2021. Manenti finds eToro's platform as an envelope pusher in the money management industry and he express gratitude at having the chance to play a part in the popularity of the social trading platform among traders and investors.
To date, Manenti maintains a diversified investment within a range of 28-36 shares at any given time because he figures that if ever he encounters one huge downsizing, his branched-out portfolio won't be affected much. The longer you stay on a stock, the better the returns, he advises budding traders.
Achieving a return of 88% from 2021 to 2022, Hugo Manenti credits his trading strategy of seeking to maintain a medium to low risk approach as one of the keys to his success. He is also a disciplined trader choosing to extensively trade European and US stocks and also by avoiding using shorting and leverage — with the exception when using for hedging purposes.
Manenti also base his trading decisions on investment themes that he formulated such as believing that cyclical and small-cap stocks tend to rebound strongly, concentration on companies engaged in digital economy and looking at potential investment options from both the public and private infrastructure, green energy and networks sectors.
Despite having started trading on eToro for less than a couple of years, Hugo Manenti’s rapid ascent to becoming a successful trader has garnered him over 856,000 followers and around 6,500 copiers with more than $5 million in copy assets under management.
With a respectable risk score of 4-5, Manenti has transacted a total of 1,875 trades on eToro, around 80% of which involves stocks and the rest are ETFs, crypto and indices. His profitability score is over 40% with an average profit of around 10% and average loss of (-11%).
A very active trader, Manenti averages 30 trades per week and holding his assets by an average of 1.5 months.
The three most frequently traded on Manenti's portfolio are: Direxion Daily Small Cap Bull 3x Shares (TNA), Ferrexpo PLC (FXPO.L) and Advanced Micro Devices Inc. (AMD). His total 86 trades on TNA gained him a profitable percentage of over 50%..
Currently, Manenti's three top financial assets held are Micron Technology (MU) with 7% of his fund invested on. This is followed by Ally Financial Inc (ALLY) and Wesco International Inc (WCC)..
This professional trader summarizes his portfolio as a mixture of value and growth stocks. He also doesn't open a position better than 5% of total. He diversifies his investment with a combination of large, mid and small caps plus sector diversification.
How to Follow?
Reserve a front row seat to witness Hugo Manenti’s continuous meteoric rise to help you attain eToro Popular Investor levels by copying and following him starting right now. To follow Hugo Manenti, just hit the “+” icon shown beside the Copy button on his eToro profile page.
How to Copy?
In order to copy this professional trader, you'll need to have a trading account first with eToro. Signing-up for an account with this brokerage firm will initially ask for a username, email address and a password and the process will only take around less than a minute to accomplish. After that, you'll need to verify your account and make an initial deposit so that you will have funds to allocate for copying Hugo Manenti's positions.
- Once you have an account with funds, all you need to do is to go to his profile. Manenti's eToro profile can be accessed here: etoro.com/people/hugomanenti95
- Click on the "Copy" button. This will launch a pop-up window.
- Enter the amount that you'd like to allocate for copying this trader.
- You can also set the platform to stop copying if the copy value drops below a specific ratio or amount. Another parameter that you can configure is the "Copy Open New Trades". A check on the box will automatically copy any new positions that Manenti will open.
- Click the "Copy" button to execute the copy order.
Ready to copy this elite pro eToro trader?
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.