East 72’s Q3 2022 Investor Letter

East 72, an investment management firm, published its third-quarter 2022 investor letter – a copy of which can be downloaded here.  A quarterly gross portfolio return of -5.7% was recorded by the fund for the third quarter of 2022. After a stunning 8.9% rally in July, the S&P500 saw declines in both August (4.2%) and September (9.3%) to see the key global index some 5.3% lower at quarter-end against June 2022. The index is now back to mid-November 2020 levels. . 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.