Acacia Capital was up 12.27% for the second quarter, although it remains in the red for the year because of how difficult the first quarter was. The fund is down 14.25% for the first half of the year. Q2 2020 hedge fund letters, conferences and more Top five holdings Acacia’s top five holdings accounted for 29.6% of its portfolio. They are LafargeHolcim, Howden Joinery, Irish Continental Group, Mohawk Industries and Ryanair, according to the fund’s second-quarter letter to investors, which was reviewed by ValueWalk. LafargeHolcim is the biggest cement and aggregates manufacturer in the world. It was formed by the…
Joel Greenblatt Owned Hedge Fund On Why Value Investing Isn’t Working Now
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.