1 Main Capital, a boutique investment firm, released its second-quarter 2024 investor letter. In the second quarter, the fund returned 12.8% net, and expenses compared to 4.3% and (3.3)% for the S&P 500 (SPX) and Russell 2000 (RTY). Year-to-date the Fund delivered 7.0% net, compared to 15.3% and 1.7% for the SPX and RTY. In the first half of the year, large-cap stocks (SPX) outperformed small-cap stocks (RTY) by a significant margin. However, the rally in large-cap stocks was mainly fueled by just a handful of major winners. In addition, you can check the fund's top 5 holdings to find out...
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