Lakewood Capital Up 4% In Q2, Discusses New Shorts

Anthony Bozza’s Lakewood Capital generated a net return of 4.1% in the second quarter of this year, according a recent investor letter seen by ValueWalk. Lakewood should be up around 5% for the year when combining first quarter returns with Q2. Bozza made the highest gains in Micron Technology, Inc. (NASDAQ:MU) and Spirit AeroSystems Holdings, Inc. (NYSE:SPR) in the past quarter. The fund added to its position in Spirit AeroSystems after the stock fell in the first quarter. The fund believes that the company has at least a 20% upside, and is therefore valuable to hold. Lakewood’s thesis on Tetragon Financial Tetragon Financial Group Limited…