Hawk Ridge returned -1.5% for the third quarter, which was only slightly better than the S&P 400’s -1.8% return. The fund’s average net exposure during the quarter was 50%, while its average gross exposure was 142%. Q3 2021 hedge fund letters, conferences and more As of the end of September, Hawk Ridge had a gross exposure of 147%, slightly higher than its historical norm of 120% to 130%. The fund’s management attributed the slightly higher gross exposure to a larger number of long and short ideas and the growth and maturity of their investment team, which has grown to eight…
Hawk Ridge Presents Long Thesis For A French Fry Maker
Michelle deBoer-Jones
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.