[Exclusive] Voss Value Surges On Small-Cap Housing Stock Bets

Voss Capital’s flagship long/short equity strategy, the Voss Value Fund, returned 23.3% to investors net of fees and expenses in the first quarter of 2021. Q1 2021 hedge fund letters, conferences and more According to a copy of the firm’s first-quarter investor letter, which ValueWalk has been able to review, the Texas-based asset manager’s gross exposure was 156.7% at the end of March. The beta-adjusted net long exposure was 115.5%. Voss reported assets under management of $252 million at the end of March. It primarily invests in small and mid-cap stocks in North America, with a focus on undervalued equities….