Upslope Capital Management, an investment management firm, released its fourth-quarter 2024 investor letter. Q4 was the most challenging quarter for upslope. Longs underperformed and shorts dragged. Similarly, month to date performance was also challenging. The fund returned -7.3% (net) in Q4 compared to +0.4% and +0.3% for the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index, respectively. In 2024, the fund’s return was +9.4% (net) compared to +13.6% and +7.8% returns, respectively, for the indexes. In addition, you can check the fund’s top 5 holdings to determine its best picks...
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