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Alluvial Fund 3Q18 Commentary – Unlisted and Unpopular Microcap

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Jacob Wolinsky
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Alluvial Fund commentary for the third quarter ended September 30, 2018.

Q3 hedge fund letters, conference, scoops etc

Alluvial Fund 3Q18 Commentary

Dear Partners,

For the quarter just ended, Alluvial Fund returned 3.2% compared to 7.7% for the S&P 500 Index and 3.5% for the Russell 2000 Index. Through the end of September, Alluvial Fund was up 5.2% compared to 10.6% for the S&P 500 Index and 11.5% for the Russell 2000 Index. It is not my regular habit to comment on market moves beyond the scope of these quarterly retrospectives, but I feel partners deserve an update given October’s downdraft. As I write, the small-cap Russell 2000 Index is down 13.3%...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid