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Appalaches Capital’s Q1 2025 Investor Letter

Appalaches Capital, an investment management firm, released its first quarter 2025 investor letter. Appalaches Core LO ended the quarter with a loss of 0.5% after all fees and expenses compared to the S&P 500’s decline of 4.3%, the equal-weighted S&P 500’s loss of 0.6%, and the SOFR Index return of 1.1% in the 1st quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of Appalaches Capital’s Q1 2025 investor letter can be downloaded here.