Anthony Bozza’s Lakewood Capital has three new short ideas [In-Depth]Michelle Jones
Lakewood Capital was up 3.1% for the third quarter. The fund's long equity positions generated a return of 1%, while its hedged long equity positions recorded a 4% return. Short equity positions generated a 7% return, while fixed-income positions generated a 1% return. As of the end of September, Lakewood was 95.9% long and 50.2% short, resulting in a net equity exposure of 45.7%.
Winners and losers
In his third-quarter letter to investors, which was reviewed by ValueWalk, Anthony Bozza said the fund's biggest winners were their long positions in Alphabet and Brunswick and their short position in
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.