Spruce Point Is In The Green With Its Short Positions This Year [Exclusive]

Spruce Point Research Activism Partners was up 2% net in July, compared to the Russell 1000’s inverse return of -2.08% and the BarclayHedge Equity Market Neutral Index’s return of 1.2%. On a year-to-date basis, the fund is up 7.5%, compared to the inverse Russell 1000’s return of -17.3% and the BarclayHedge Equity Market Neutral’s return of 5.4%. Q2 2021 hedge fund letters, conferences and more Spruce Point’s short positions returned 2.8% for July and are up 9.6% year to date, while its long positions contributed 0.1% for July and 1.8% for the first seven months of the year. Background on…