McIntyre Partnerships Adds 80.7% As Concentrated Bets Pay Off

Chris McIntyre’s McIntyre Partnerships returned 80.7% gross in 2021 and 66% net for investors, according to a copy of the firm’s full-year update, which ValueWalk has been able to review. Q4 2021 hedge fund letters, conferences and more McIntyre writes that 2021 was a “story of two halves” for the long/short equity fund in his year-end letter. The portfolio was concentrated in a few core names heading into the year, which helped the firm navigate uncertainty in broader equity indices. According to the letter, the most prominent position in the portfolio was Chemours Co. The stock underperformed in the first…