GrizzlyRock Won In Q4 And Protected Capital In 2022 With Cyclical Stock Picks [Exclusive]

GrizzlyRock Value Partners returned 12.8% net for the fourth quarter, capping its full-year return at -2.5% net for 2022. For 2022, the Russell 2000 plummeted by 20.4%. In the fourth quarter, the fund’s long holdings contributed 11.3% net to its return, while its short book added another 1.5% net. For all of 2022, GrizzlyRock Value’s long portfolio detracted 20% net from its return, while its short book contributed 18.3% net. Versus the Russell 2000, the fund generated long alpha of 0.3% and short alpha of 9.5% in 2022. The year marked GrizzlyRock’s ninth straight year of positive short alpha. In…