CACI - LVS Advisory Q1 2024 Letter
2024-04-18 05:45:00 ET
Summary
- LVS Advisory is a boutique investment firm focused on providing active investment management services for individuals, families, and institutions. LVS Advisory LLC is a Registered Investment Adviser based in New York City.
- During the first quarter of 2024, the LVS Event-Driven Portfolio declined 1.4% and the LVS Growth Portfolio gained 14.7%, net of all fees and expenses.
- The Growth Portfolio had a much stronger start to the year and demonstrated solid outperformance vs. the S&P 500.
- After threading the needle between qualitative and quantitative analysis, we decided to invest in Booz Allen’s stock over CACI’s.
| Investment Results |
| 2019 |
| 2020 |
| 2021 |
| 2022 |
| 2023 |
| YTD 2024 |
| Since Inception 1 |
| LVS Event-Driven (net of fees) |
| 7.0% |
| 13.2% |
| 9.1% |
| 3.8% |
| 6.2% |
| (1.4%) |
| 43.6% |
| Benchmark: High-Yield Bond Index |
| 13.4% |
| 5.0% |
| 4.0% |
| (11.4%) |
| 12.5% |
| 1.6% |
| 25.4% |
| LVS Growth (net of fees) |
| - |
| 61.8% |
| 16.1% |
| (35.8%) |
| 7.0% |
| 14.7% |
| 47.9% |
| Benchmark: S&P 500 TR Index |
| - |
| 18.4% |
| 28.7% |
| (18.1%) |
| 26.3% |
| 10.6% |
| 74.3% |