Alluvial Fund 2Q20 Commentary: Top Microcap Value Positions – ValueWalk Premium
Alluvial Fund

Alluvial Fund 2Q20 Commentary: Top Microcap Value Positions

Alluvial Fund commentary for the second quarter ended June 30, 2020.

Q2 2020 hedge fund letters, conferences and more

Alluvial Fund rose 14.8% in the second quarter, recouping most of the first quarter’s losses. As I write in late July, the fund has reached approximately break-even for the year while small-cap and micro-cap indexes remain down by double digit percentages, with “value” indexes faring significantly worse. While break-even is certainly not . . .

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