Cedar Creek Partners Q4 2025 Expert Market Exposure

2026-01-21 20:45:00 ET

The following segment was excerpted from this fund letter.

Our exposure to stocks trading in the expert market decreased to 36% of the fund. As a reminder, expert market stocks are companies impacted by SEC Rule 15c2-11. For those unfamiliar, the rule prevents brokers from not only displaying quotes for non-reporting companies but also restricts transactions for retail customers to selling only. 3 Institutional accounts, depending on the broker, are not subject to the buying restriction....

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