Stony Point Up In Q1 Seeking Refuge In SaaS Amid Volatile Markets

Stony Point Capital returned 5% in the first quarter of 2020 according to a copy of its first-quarter letter to investors, which ValueWalk has been able to review. Q1 2020 hedge fund letters, conferences and more According to the letter, the firm achieves this return with an average net exposure of roughly 46% during the first three months of 2020. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. In comparison, its benchmarks, the S&P 500 and Russell 2000, returned 19.6% and 30.6%, respectively. Stony Point: Seeking refuge in companies…