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% |
Read the full article on Seeking Alpha
For further details see:
LVS Advisory Q1 2024 Letter