Fellow Partners,

GrizzlyRock Institutional Value Partners, LP and GrizzlyRock Value Partners, LP (together “GrizzlyRock” or the “Fund”) increased 3.37% net of expenses during the second quarter of 2018. The long portfolio earned 10.3% gross as most investments posted solid quarterly earnings and the market viewed the reports favorably. As discussed on pages three and four, the Fund owned four individual positions which materially aided performance this quarter. While price levels remain robust across the United States equity landscape, we continue to find opportunities in turnaround situations, businesses with attractive situational dynamics, and operational improvements.

Full letter for subscribers below:

This content is exclusively for paying members. Access all of our top quality content by signing up below.

If you are subscribed and are having an account error, please clear cache and then cookies if that does not work email support@hiddenvaluestocks.com and we will get back to you as quick as humanly possible.

Register New Account

Choose your membership level

Choose Your Payment Method