Hawk Ridge Capital Rode the Wave Up with Super Micro Computer & These Shorts [Exclusive]

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Michelle deBoer-Jones
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After a fourth-quarter return of 3.3%, Hawk Ridge Capital returned 11.6% for 2023, coming up slightly short of its benchmark, the S&P 400, which gained 16.4%. However, 2023 marked Haw Ridge’s 15th straight year of positive absolute returns and has now annualized at 12% net since its inception after only one down year in its 18-year history. Big winner: Super Micro Computer In his 2023 letter to investors, Chief Investment Officer David Brown said their biggest winner in 2023 was Super Micro Computer Inc (NASDAQ:SMCI), which contributed 264 basis points to their net performance. The fund has been investing in…

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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.