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Thorny Returns For One Of The Last Short Biased Hedge funds In Q2 As Momentum Still Eating Shorts

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Michelle deBoer-Jones
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RBI Capital Partners continued to struggle during the second quarter, along with most other hedge funds looking for a top in the equities market any day now. In the RBI Capital Q2 2018 letter, Managing Member Skip Tague reported that the fund's long/short portfolio was down 5.2% gross and 5.6% net for the quarter. The short-only RBI Capital Kodiak fund was down 8.8% gross and net for the quarter.

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Q2 hedge fund letters, conference, scoops etc

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Year to date, RBI's long/short fund is down 10% gross and 10.7% net, while the short-only Kodiak fund is down 14.6% gross and net...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.