- Summers Value Partners is a boutique value manager that uses a focused, long-term approach to investing in areas of the market where most managers are unwilling or unable to participate.
- The Summers Value Fund LP gained 14.7% net in 2020, which compares against the Russell 2000 Index return of 18.4% and the Russell Microcap Index return of 19.3%.
- The biggest contributors to performance during the year included Bioanalytical Systems and Providence Service Corp (now ModivCare).
- The biggest detractors for the year included Assertio Therapeutics, Eagle Pharmaceuticals and Taro Pharmaceuticals.
For further details see:
Summers Value Partners Annual Investor Letter 2020