This Activist Fund Is Winning With Education And Financial Services [Exclusive]

Engine Capital was up 1.98% net for the third quarter, bringing its year-to-date return to 24.85%. The Russell 2000 returned -4.36% for the third quarter and 12.44% year to date. Q3 2021 hedge fund letters, conferences and more Changes To The Portfolio In their third-quarter letter to investors, which was reviewed by ValueWalk, Arnaud Ajdler of Engine Capital said he made several changes to the portfolio during the quarter. He initiated two new positions, exited one position, and reduced the fund’s stakes in two other positions. The two new positions were PROG Holdings and Willis Towers Watson, and the position…