Sabrepoint Capital returned 5.75% net for the third quarter, bringing its year-to-date return to 12.27% following returns of 0.75%, 2.29% and 2.91% for July, August and September, respectively. The S&P 500 was up 15.92% for the quarter.
Q3 2021 hedge fund letters, conferences and more
Sabrepoint's long positions returned 20.44% gross year to date, while its shorts are down 2.61% for the first nine months. Of note, the third quarter was better for the fund's shorts, which returned 4%, 1.04% and 2.22% for July, August and September, respectively.
The fund's long positions were down 2.84% for July and up 1.99% for August, and 1.22% for September. Sabrepoint's longs contributed 0.45% gross...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
