Alluvial Fund May 2026 Commentary Up 4.4% With Gains From Auto Parts Maker Up ~60%

Alluvial Fund’s commentary for the month ended May 31, 2026.

Read more hedge fund letters here

Dear Partners and Colleagues,

Alluvial Fund, LP returned 2.8% in May, compared to 4.4% for the Russell 2000 and 3.8% for the MSCI World Small+MicroCap. Year-to-date, Alluvial Fund, LP has returned 10.4%, compared to 18.2% for the Russell 2000 and 14.5% for the MSCI World Small+MicroCap. Since inception, Alluvial Fund, LP has returned 317.6% compared to 143.5% for the Russell 2000 and 149.0% for the MSCI World Small+MicroCap.