RILYP - White Brook Capital Partners Q4 2023 Commentary
2024-01-27 07:15:00 ET
Summary
- White Brook Capital LLC is an independent investment advisory firm. The Firm was founded with the belief that there is a shortage of managers who charge a reasonable price, invest for the long term, and maintain a socially responsible threshold while also beating the market.
- We expected overall market appreciation at the start of the year, but 26% exceeded any expectation.
- During 2023, the largest contributors to performance were Builders FirstSource Inc, The Greenbrier Companies Inc, and Afya Ltd.
- The largest detractors from performance were Green Plains Inc, B. Riley Financial Inc, and Mosaic Co.
Year in review, and a look forward
Performance Review
As of December 31st, 2023
| NAV increase, net |
| Cum Incept |
| Incept Inception |
| PF 2019 |
| 2020 |
| 2021 |
| 2022 |
| 2023 |
| WBCP |
| 76.12% |
| 13.67% |
| 17.60% |
| 19.05% |
| 37.16% |
| (15.38%) |
| 8.38% |
| S&P 400 |
| 51.77% |
| 11.77% |
| 5.72% |
| 13.66% |
| 24.76% |
| (13.06%) |
| 16.45% |
| S&P 500 |
| 72.04% |
| 15.57% |
| 9.36% |
| 18.40% |
| 28.72% |
| (18.10%) |
| 26.04% |