- Canterbury Tollgate is a value and quality-oriented investment manager with a distinctive focus on equity evaluation & selection plus risk mitigation.
- CTG Fluxion, LP advanced +9.04% during the first four months of the year while the 70/30 bench-mark2 increased +5.66%, the S&P 500 by +11.85%, and the MSCI All-World Index by +9.34 %.
- The largest portfolio contributors were Loral Space & Communications, Facebook, Dropbox, Vera Bradley, Texas Pacific Land Trust, Icahn Enterprises, CVS Health, and Biglari Holdings.
- CyberArk was our only meaningful equity detractor at with a -0.6% impact.
For further details see:
Canterbury Tollgate Investor Letter: May 2021