McIntyre Partnerships Outperforms, Thinks Madison Square Garden Is Cheap

Chris McIntyre's McIntyre Partnerships lost -11.4% in the third quarter, taking its year-to-date performance to -15.7% on a gross basis and -16.6% after all fees and expenses.

Compared to the Russell 2000 Value index, the firm's benchmark, this is a relatively strong performance. For the year to the end of September, the value index declined -21.1%.

Q3 2022 hedge fund letters, conferences and more

Since its inception in the first quarter of 2017, McIntyre Partnerships has produced an annualized net return of 9.8% compared to 3.4% for its benchmark.

Fund Bulks Up on Top Holding

Commenting on the fund's performance during the three months to the end of September, McIntyre opines in his update...