Blue Eagle Capital Partners was up 17.7% net for the third quarter of 2020, bringing its return to 49.1% for the first nine months of the year. During the third quarter, longs contributed 28.15% to the fund’s performance, while shorts subtracted 7.36%. The S&P 500 was up 8.93% for the third quarter. Q4 2020 hedge fund letters, conferences and more Blue Eagle posted positive returns in each of the first three quarters of 2020, including during the first-quarter sell-off. When the S&P plunged 19.6%, Blue Eagle was up 6.24%. Broad-based contributions In his third-quarter letter to investors, which was reviewed…
Blue Eagle Capital Partners: Long Thesis For This Lending Stock
Michelle deBoer-Jones
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.