SouthernSun SMID Cap Strategy’s Q4 2024 Investor Letter

SouthernSun Asset Management, LLC, an investment management firm, released its “SouthernSun SMID Cap Strategy” fourth quarter 2024 investor letter. Election Dynamics, Federal Reserve’s Policy Adjustments, Geopolitical Tensions, and China’s Stimulus Measures are some of the key events that accelerated in the fourth quarter. Although aforementioned is by no means all-inclusive, it does illustrate some of the key elements affecting the state of the market today and many of the companies in the fund’s portfolio. In the fourth quarter, the strategy returned -6.13% on a gross basis (-6.24% net) compared to an 0.62% return for the Russell 2500 Index and -0.26% for the Russell 2500 Value Index. The fund returned 7.57% on a gross basis (6.83% net) over the trailing 12 months compared to 12.00% and 10.98% returns for the indexes respectively over the same period. In addition, please check the top 5 holdings of the strategy to know its best pick in 2024.

A copy of SouthernSun SMID Cap Strategy’s Q4 2024 investor letter can be downloaded here.