Distillate Capital Partners’ Q3 2022 Investor Letter

Distillate Capital Partners LLC, an investment management firm, published its third-quarter 2022 investor letter – a copy of which can be downloaded here. Distillate’s U.S. FSV strategy declined 19.63% through Q3 of 2022 compared to a decline of 23.87% for the S&P 500 benchmark. This more mitigated decline came despite a 1.75% headwind from being underweight in the energy and utility sectors where cash flow instability and leverage tend to limit our holdings domestically. Try to spare some time to check the fund’s top 5 holdings for you to have an idea about their best stock picks this 2022.