Southpoint Capital returned 10% net for the fourth quarter, outperforming the S&P 500's 7.6% gain, the Russell 2000's 6.2% return, and the HFRI Equity Hedge Index's 4.3% return. The firm's two funds averaged 107% long and 58% short during the fourth quarter.
On a gross basis, Southpoint's long positions contributed 16.1% to its fourth-quarter return, while its shorts subtracted 6%. The firm's average long position increased by 14.4%, while its average short rose by 8.7%.
Q4 2022 hedge fund letters, conferences and more
Southpoint Capital declined 3.5% for all of 2022, outperforming...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
