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Foundry Capital February letter

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Jacob Wolinsky
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Troy Marchand's Foundry Value Fund commentary for the month ended February 29, 2016.

The Foundry Value Fund was down 1.48% for the month of February, while the Russell Microcap Index was down 1.51% during the same period. This brings our year-to-date return to -9.85% compared to -11.69% for the Russell Micro-cap Index. We have several new ideas in the pipeline we are vetting out. We are still fairly cautious to put much cash to work in this environment, but are finding a few interesting special situation ideas from up north and overseas.

Foundry Value Fund - New Position:

Foundry Capital February letter

The following is from Foundry Capital's February letter to investors. Foundry was profiled in our January issue. Some updates and a new position. If you would like to talk to the portfolio manager about any positions feel free to contact below.

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available.FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid