- We focus on value-oriented investing through rigorous fundamental analysis of a company's operations.
- Our portfolios generated strong returns over the past year on both an absolute and relative basis.
- The large cap strategy was up 53% net of fees in 2020. One of our larger contributors for the year was Pinterest.
- The small cap portfolio was up 29% net of fees in 2020 while averaging a beta adjusted net exposure of42%. Our largest contributor during the year was our largest contributor last year as well, Mastech Digital.
For further details see:
Merion Road Q4 2020 Investor Letter