Distillate Capital’s Q4 2020 Investor Letter

Distillate Capital, an employee-owned investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 19.22% was recorded by the fund for the Q4 of 2020, above both its S&P 500 benchmark that returned 18.4% and the Russell 1000 Value ETF that delivered a 2.67% return. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.