GrizzlyRock Value Partners was down 0.47% net for the third quarter, outperforming the S&P 500's 4.88% loss and the Russell 2000's 2.19% decline. The fund's long book returned -0.47% gross for the quarter, while its short holdings returned 0.15% gross.
For the first nine months of 2022, GrizzlyRock Value is down 13.55% net, which is still better than the S&P 500's loss of 23.87% and the Russell 2000's return of -25.1%. Year to date, GrizzlyRock's long holdings have lost 26.2% gross, while its short book gained 16.2% gross.
Q3 2022 hedge fund letters, conferences and more
A “Tenuous” Environment
In his third-quarter letter to investors, which was obtained by ValueWalk, Managing Partner...



