Black Bear Value Partners’ Q1 2023 Investor Letter

Black Bear Value Partners, an investment management firm, published its first quarter 2023 investor letter, a copy of which can be downloaded here. Black Bear Value Fund returned +0.8% in March and +2.9% YTD, at the same time the S&P 500 returned +3.7% and +7.5% and the HFRI Index returned +1.2% and +4.5% in March and YTD, respectively. In addition, please check the fund’s top five holdings to know its best picks in 2023.