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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Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
