Teton Suffers As Favorite Stocks CrumbleRupert Hargreaves
Austin, Texas-based Teton Capital Partners struggled during the last few months of 2018. Even though the firm has not yet published its figures for December, the numbers for August through November put the partnership firmly on track to report a loss for the year.
According to investor correspondence that has been reviewed by ValueWalk, Teton lost -3.2% in August, -2.4% in September and -4.8% in October. Even a small gain of 2.2% in November could not save the firm's full-year performance. For the year to the end of November, the firm was on track to end 2018 down -7.3% net of all fees.
If you’re looking for more timely hedge fund insight, ValueWalk’s exclusive newsletter Hidden Value Stocks offers exclusive access to under-the-radar value hedge funds and their ideas. Click here to find out more and signup for a free no-obligation trial today.
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible