Rowan Street Capital commentary for the second quarter ended June 30, 2020.
Q2 2020 hedge fund letters, conferences and more
Dear Partners,
Rowan Street Capital had a very successful second quarter of 2020. The fund returned +43.2% (gross) vs. S&P 500 increase of 20.5%. Year-to-date through June 30, the fund returned +20.5% vs. S&P 500 decline of (3.1)%.
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and three kids in Passaic NJ. - Email: jacob(at)valuewalk.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I have a few existing holdings from years ago, but mostly mutual funds and some ETFs. I also own 2.5 grams of Gold
President Barack Obama indicated he would work both parties to turn the page on Fannie Mae - Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac - Federal Home Loan Mortgage Corp... Read More
Morning Market Update Stocks that are expected to trade actively in U.S. markets on Monday include: Facebook Inc (NASDAQ:FB), Sprint Nextel Corporation (NYSE:S), Clearwire Corporation (NASDAQ:CLWR), UnitedHealth Group Inc. (NYSE:UNH),... Read More
African focused funds clocked an average compound return of 30.2% for the 12-month period ending June 2013, Novare Investments’ recent survey reveals. Novare Investments’ second survey focused on Africa (including... Read More
Just as the financial crisis was for banks, so too was the recent commodity drop for miners and miner profits. It has been a tough year for miner profits. While the price of... Read More
Summary Esprinet (MI) operates in the B2B distribution of IT and consumer electronic in Italy and Spain, with about 40.000 customer dealers and a portfolio with over 600 brands. ... Read More
April 8, 2016 By Steve Blumenthal “The Fed may succeed in stretching this cycle until 2017. But sooner or later it will have to grasp the nettle, and then we will... Read More
Up over 5 percent in the first quarter, long / short relative value player Pensato has high win percentage on both sides of market Read More
U.S. E&P Sector The U.S. E&P sector could be on the cusp of massive defaults and bankruptcies so staggering they pose a serious threat to the U.S. economy, according to Paul Merolli,... Read More
Financial technology start-ups (fintechs) can expand well beyond the confines of payments and consumer credit by extending the use of data and frictionless processes, notes Santander. Santander InnoVentures published a... Read More
J.C. Penney Company (NYSE:JCP) is a retailer and that means the most important part of the year is the holiday season. For this particular retailer, holiday season 2013 may... Read More
