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This Hedge Fund Was Up More Than 100 Percent For 2020

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Michelle deBoer-Jones
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ADW Capital had an incredible 2020 with a 119.2% net return for the full year. At a time when most other funds have struggled with relatively low returns, ADW posted double-digit returns in several months of 2020. In December, the fund returned 19.91%, while in November, it posted a return of 39.63%. For the fourth quarter, ADW was up 65.32% gross and 54.89% net.

Q3 2020 hedge fund letters, conferences and more

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ADW Capital is ready for the mean reversion

In a recent email to investors, Adam Wyden said the current environment offers a strong entry point for their partnership. For the last several years, small-cap and value stocks have struggled....

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.