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Upslope Capital Management Exited Garmin Ltd. (GRMN) Due to Full Valuation

Upslope Capital Management, an investment management firm, released its third-quarter 2024 investor letter. A copy of the letter can be downloaded here. Q3 was a near-ideal environment for Upslope’s investment style, so the fund returned +14.8% (net) in Q3 compared to +6.8% and +2.3% for the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index, respectively. YTD, the fund’s return was +18.1% (net) compared to +13.2% and +7.5% returns, respectively, for the indexes. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.

Upslope Capital Management...