This top activist hedge fund is shorting Square and GrubHub [In-Depth]

The Voss Value Fund and Voss Value Offshore Fund were down 18% net for the first quarter, compared to the Russell 2000's 30.6% decline and the S&P 500's 19.6% decline. Voss had a gross exposure of 141.1%. Its top 10 longs have a gross weighting of 77.1%, while its top 10 shorts have a gross weighing of -24.8%.

Q1 2020 hedge fund letters, conferences and more

Not learning from history

In their first-quarter letter to investors, which was reviewed by ValueWalk, the Voss team said looking at past pandemics and trying to take cues from responses to them has been a...