PCOA - Cedar Creek Partners Q3 2021 Results

• Cedar Creek Partners is a hedge fund. The fund applies the typical bottom-up concentrated value approach of looking for a discount to intrinsic value to the neglected ares of the market, micro and nano caps.
• During the third quarter, the fund still rose by 0.5%, net of fees and expenses, and year to date has increased by 30.6%. 1 The S&P 500 rose by 0.6% in the quarter, while the NASDAQ declined 0.4%, and the Russell 2000 declined by 4.4%.
• We exited our positions in Customers Bancorp, Crossroads Systems, National Stockyards, Pendrell Corporation, and Yellowstone Acquisition.
• We were unfortunately forced out of Alloy Steel (AYSI) due to what we believe was an unfair buyout by management.

For further details see: