Top Hedge Fund With 15 Consecutive Quarters Of Positive Returns Adds 3.7% In Q1

Cooper Creek Partners generated a 3.7% return in the first quarter of 2023, according to a copy of the fund's latest investor update, which Hedge Fund Alpha has been able to review.

Thanks to its low net exposure, Cooper Creek has been able to grind out positive returns for 15 quarters in a row, a fantastic result for the firm. Its objective is to achieve non-correlated absolute capital appreciation, emphasizing capital preservation. Since its inception in November 2008, the $1.2 billion fund has produced a compound annual return of 11.5% after fees of expenses with an average exposure of 9% net while exhibiting a 0.11 beta and 0.21 correlation to the Russell 2000.

Year-to-date, Cooper Creek is up 3.7%, and it has...