Upslope Capital Management’s Q1 2025 Investor Letter

Upslope Capital Management, an investment management firm, released its first-quarter 2025 investor letter. The First quarter was challenging for the fund. However, the world has transformed in the two weeks since March 31, due to a drastic realignment of international trade rules. As a result, markets are now more in line with Upslope’s strategy and portfolio. The fund returned -5.1% (net) in Q1 compared to -6.1% and +0.2% for the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index, respectively. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

A copy of Upslope Capital Management’s Q1 2025 investor letter can be downloaded here.