LBRDK - Alluvial Capital Management Q1 2024 Letter To Partners

2024-07-10 08:00:00 ET

Summary

• Alluvial Fund follows the same successful investment strategies used by Alluvial in managing separate accounts, focusing on value opportunities in small companies and thinly-traded issues, both domestically and internationally.
• The Fund retreated by 2.3%, 3.0% and 5.3% in EUR, USD and AUD terms.
• Poor performers included Thor, the recreational vehicle manufacturer, and Robert Half, the recruiter.
• We increased our investment in auto dealerships with a small position in Autonation.

Conventum - Alluvium Global Fund June 2024 Quarterly Report

Introduction

The Fund retreated by 2.3%, 3.0% and 5.3% in EUR, USD and AUD terms ¹ . Longer term performance is provided in Table 4....

For further details see: