Khrom Capital killed it during the first quarter, continuing its strong track record; here are their favorite stocks

Khrom Capital was up 32.5% gross and 24.5% net for the first quarter, outperforming the Russell 2000's 21.2% gain and the S&P 500's 6.2% increase. The fund has an annualized return of 21.6% gross and 16.5% net since inception. The total gross return since inception is 1,194%.

Q1 2021 hedge fund letters, conferences and more

Khrom Capital is a long-biased, concentrated value hedge fund focused on North America. Its management values stocks as if they are becoming permanent owners of the business. In an April presentation document seen by ValueWalk, the Khrom team explained their strategy and highlighted a number of their positions.