Alluvial Fund January 2020 Update: Bullish On This Small Cap Gambling Stock

Alluvial Fund, LP commentary for the month ended January 31, 2020. Q4 2019 hedge fund letters, conferences and more Dear Partners and Colleagues, Alluvial Fund, LP returned 5.1% in January, compared to 0.0% for the S&P 500 and -1.4% for the Russell 2000. Since inception, Alluvial Fund, LP has returned 46.9% compared to 53.1% for the S&P 500 and 26.2% for the Russell 2000. Alluvial Fund, LP is a value investing partnership with a focus on small companies and obscure securities, both domestic and international. The January tearsheet can be seen below: In addition to the monthly tearsheet, we are pleased…