Cedar Creek Partners’ Q3 2023 Hedge Fund Investor Letter

Cedar Creek Partners, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. Cedar Creek has achieved an average annual return of 14.5% over its 17-year history, considering fees and expenses. Since its inception, Cedar Creek has delivered cumulative returns of 1,006.6%, net of fees and expenses. As of the end of September 2023, the fund’s holdings were trading at 6.2 times its earnings estimate for the upcoming year and 5.1 times expected earnings, factoring in cash at the respective businesses. Take a moment to review the fund’s top 5 holdings to gain insights into their primary investment choices for 2023.