Bronte Capital Amalthea Fund’s Q4 2023 Investor Letter

Bronte Capital, an investment management company, released its “Amalthea Fund” fourth-quarter 2023 investor letter. The fund lost -2.12% in December, -0.97% for the quarter, and gained 15.60% for the calendar year. Compared to that, the MSCI ACWI index had gains of 1.28%, 4.63%, and 21.92% (in $A) during those periods, thanks to its global diversity. This quarter, and particularly in December, the market has been actively hostile to the fund’s strategy due to a generalized squeeze in high-short-interest names. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of Bronte Capital Amalthea Fund’s Q4 2023 investor letter can be downloaded here.