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Alluvial Details new “interesting [micro-cap] holding” in construction industry

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Jacob Wolinsky
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Dear Partners and Colleagues,

Alluvial Fund, LP returned -0.9% in November, compared to 3.6% for the S&P 500 and 4.1% for the Russell 2000. Year-to-date, Alluvial has returned 14.5% versus 27.6% for the S&P 500 and 22.4% for the Russell 2000. Since inception, Alluvial Fund, LP has returned 35.1% compared to 48.7% for the S&P 500 and 24.5% for the Russell 2000.

Alluvial Fund, LP is a value investing partnership with a focus on small companies and obscure securities, both domestic and international. The full November tearsheet may be accessed using the following link:

Alluvial Fund, LP - November Update

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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