Alluvial Capital Management’s Q4 2023 Investor Letter

Alluvial Capital Management, an investment advisory firm, released its fourth-quarter 2023 investor letter. The fund returned 3.2% in the fourth quarter, bringing yearly returns to 15.1%. The portfolio typically lags during significant market movements, and the current quarter was no different. Despite being ahead of benchmarks through October, the fund achieved a decent outcome this year, outperforming the micro-cap index and trailing only small caps. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of Alluvial Capital Management’s Q4 2023 investor letter can be downloaded here.