Like most other hedge funds, ADW Capital was in the red for the first quarter, returning -27.34%. The S&P 500 was down 4.6% for the first three months of the year, while the Russell 2000 was down 7.53%, and the Russell 2000 Value Index was off by 2.4%. Since its inception in 2011, ADW Capital has recorded an annualized return of 19.79%. The fund has outperformed the S&P 500’s 14.22% annualized return, the Russell 2000’s annualized return of 10.46%, and the Russell 2000 Value Index’s 9.8% annualized return over the same timeframe. Q1 2022 hedge fund letters, conferences and more…
ADW Capital Presents Theses For PAR Technology, RCI Hospitality And CDON
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.