Cedar Creek on Charles Schwab (SCHW): “We Took Profits and Moved on to More Attractive Ideas”

Cedar Creek Partners LLC, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 13.7% was recorded by the fund for the Q4 of 2020, outperforming the S&P 500 index that had a 12.2% gain, but below its Russell 2000 benchmark that delivered a 31.4% return in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.

In their Q4 2020 investor letter, Cedar Creek Partners...