Foglamp Capital, which focuses on companies that have been beaten down with a chance to recover, has gained 9.4 percent this year after slipping 2.5 percent in September.
According to Hedge Fund Research's most recent numbers, the average activist fund has gained 4.38 percent this year, through to the end of August.
Nelson Peltz' Trian Partners, which invests $14 billion, is posting single digit gains, and Bill Ackman's $10 billion Pershing Square is nursing losses.
This article was provided by Reuters.