GrizzlyRock Won Big With Its Shorts In Q3

GrizzlyRock Value Partners returned 5.12% net for the third quarter, bringing its year-to-date return to 34.87%. The S&P 500 returned just 0.23%, while the Russell 2000 was up 4.6%. GrizzlyRock was in the green on both the long and short sides. In fact, the fund’s short book outperformed its long book, returning 4.98% gross, compared to the long book’s 2.09% gross return. Q3 2021 hedge fund letters, conferences and more GrizzlyRock’s long book delivered third-quarter alpha of 6.2% compared to the Russell 2000, while its short book delivered alpha of 3.1%. For the first nine months of the year, the…