Upslope Capital Management’s Q3 2023 Investor Letter

Upslope Capital Management, an investment management firm, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. The fund returned -0.5% (net) in Q3 compared to -4.3% and +0.2% for the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index, respectively. Year-to-date, the fund’s return was -3.0% compared to +4.1% and +3.2%, respectively for the indexes. In the third quarter, the Fund’s portfolio exhibited resilience, as almost all of the losses from longs were offset by shorts. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.