Arch Capital Management’s Q1 2023 Investor Letter

Arch Capital Management, an investment advisory firm, released its first-quarter 2023 investor letter. A copy of the same can be downloaded here. The firm is more focused on finding deep-value stocks. The start of 2023 was fine for the fund, and it gained 9.4% year-to-date compared to 7.5% for the S&P 500 Total Return Index. The cumulative returns of the fund since inception in 2021 is (26.1%) compared to the 14.5% return for the Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.