Acacia Capital Q3 Letter: Bets On A Few Big Positions In US, UK And Brazil

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Michelle deBoer-Jones
Published on

The third quarter was another difficult one for many hedge funds, but value investors generally seem to be hoping that the volatility we’ve seen this month is here to stay for a while. Acacia Capital Partners is no exception. The fund lost 0.55% during the third quarter, compared to the S&P 500’s 7.71% gain and the MSCI World’s 4.98% gain. Year to date, Acacia is in the red with a -3.81% return, compared to the S&P’s year-to-date gain of 10.56% and the MSCI World’s 5.43% gain.

Q3 hedge fund letters, conference, scoops etc

 

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.