Sahm Adrangi’s Kerrisdale Partners was off 6.4% net for the fourth quarter, bringing its full-year return to 1.6% for 2024. The S&P 500 jumped 2.4% for the fourth quarter and soared 24.9% for the year, while the Barclay Hedge Fund Index rose 0.2% for Q4 and 9.6% for 2024.
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Since the fund’s inception in July 2009, Kerrisdale is up 3,273.8% net, versus the S&P 500’s 760.2% gain and the Barclay Hedge Fund Index’s 139.8% return over the same period. Kerrisdale Capital has gained 8% already year to date in 2025.
ACM Research long
Kerrisdale is long...
