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Voss Value Is Betting On The American Consumer Recovery: Q4 Letter

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Rupert Hargreaves
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In Q4 2020, the Voss Value Fund, LP and the Voss Value Offshore Fund, Ltd., returned 20.8% and 20.7% to investors net of fees and expenses, respectively, compared to a 31.4% total return for the Russell 2000, a 32.7% total return for the Russell 2000 Value, and a 12.2% total return for the S&P 500. That's according to a copy of the firm's Q4 and full-year letter to investors ValueWalk has been able to review.

Q4 2020 hedge fund letters, conferences and more

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As of December 31st, 2020, the fund's total gross exposure stood at 171.7%, and the beta-adjusted net long exposure was 106.1%. The top ten longs had a...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha