Khrom Capital returned -2.9% net for the fourth quarter, bringing its full-year return to 11.3% net for 2024. The small and mid-cap value fund focused on North America has returned over 1,000% cumulatively over its 16-year history, for an annualized return of 15.5% net since inception.
The S&P 500 Total Return Index has returned just 512% over the last 16 years, while the Russell 200 Value Total Return Index has gained 261%.
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Khrom Capital's strategy
Khrom Capital has $807 million in assets under management. The fund utilizes a long-only strategy that includes 12 to 15 core investments with a weighted average market capitalization of about $9.9 billion and an average position size of...
