Chuck Akre’s Hedge Fund Vehicle Is Up 16% In Q1 On Option Bets

Braddock Partners the hedge fund operated by Akre Capital Management produced a return of 16.01% net of all fees for investors in the first quarter of 2019, outperforming its benchmark, the S&P 500 TR index, which gained only 13.65% during the period. Q1 hedge fund letters, conference, scoops etc If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Since the inception of the partnership in October 1993, Braddock has outperformed its benchmark by a wide margin. According to a copy of the firm’s first-half letter to…