Deep Sail Capital’s Q3 2023 Investor Letter

Deep Sail Capital, an investment management company, released its third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund returned -23.3% net of fees while averaging 78% net long exposure. Weakness in micro- and small-cap equities and growth decelerations in certain positions led to the underperformance of the fund in the quarter. You can check the top 5 holdings of the fund to know its best picks in 2023.