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Q1 Letter: Activist Firm Legion Believes There’s Value In Retail

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Rupert Hargreaves
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Legion Partners, the Los Angeles-based hedge fund, generated a net return of 15.6% during the first quarter of 2021.

According to a copy of the firm's first-quarter letter, which ValueWalk has been able to review, the fund's flagship fund owned 12 positions across six sectors at the end of March.

Screenshot 2021 05 02 14.39.49

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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 Hedge Fund Alpha