FPA Crescent Fund 4Q18

FPA Crescent Fund 4Q18 Commentary – Financials, Communication services, and information technology 43% of the portfolio

FPA Crescent Fund commentary for the fourth quarter ended December 31, 2018.

Q3 hedge fund letters, conference, scoops etc


Activity:

  • Added new long equity positions in General Electric (GE) perpetual preferred stock, Glencore (GLEN) and Signature Bank (SBNY). In fixed income, we increased our Puerto Rico municipal bond exposure by purchasing . . .

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