Hawk Ridge Outperforms As Short Book Surges [Exclusive]

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Rupert Hargreaves
Published on
Updated on

Value-focused hedge fund Hawk Ridge Management generated a net return of -5.8% in the second quarter of 2022, compared to a return of -15.4% for the S&P 400. The fund outperformed the market with an average net exposure during the quarter of 48.5%. It ended the quarter with adjusted gross exposure of 118%, according to a copy of its second-quarter update, which ValueWalk has been able to review. In its update, the fund notes that its gross exposure is a bit lower than management would like, and as such, the firm is planning to increase gross exposure “into the 125%-150%…


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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk