Performing Capital returned - 6.8% in the second quarter of 2022, bringing its performance for the first half of the year to -4.3%, according to a copy of its second quarter investor update, which ValueWalk has been able to review.
Performing specializes in identifying under-the-radar and/or misunderstood securities, predominantly small-cap stocks (around 44% of the portfolio on the long side is invested in companies with a market capitalization of less than $500 million). Alongside a concentrated portfolio of its best long ideas, the fund also shorts companies that it believes will disappoint Wall Street.
Q2 2022 hedge fund letters, conferences and more
At the end of July, the fund's long gross...
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