Half Moon Capital Outshines With 4% Return In Q1; Details Control4 Short

Here is a value fund that managed to beat the S&P last quarter, and we know that there haven't been many this year. The well-known value hedge fund Half Moon Capital gained 4% in Q1, smoothly sailing while most in the hedge fund industry experienced a downturn, according to a letter reviewed by ValueWalk.

Half moon Capital gains in long portfolio with JBSS, StarTek and Headwaters

Regarding its performance during a difficult period, the fund said it does not target short-term returns but is nevertheless pleased with doing well this year. Eric DeLamarter, managing partner at Half Moon, said their approach focuses on managing risk and preserving capital, and this has helped them.

On the long side, Half Moon generated a return of 8% as...