SouthPoint Capital Ended 2022 On A High Note, Sees These Opportunities In 2023 [Exclusive]

HFA Padded
Michelle deBoer-Jones
Published on

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 the S&P’s 18.1% decline, the Russell’s 20.5% decline,…

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

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

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.