Ensemble Capital Management’s Q1 2024 Investor Letter

Ensemble Capital Management, an investment management company, released its first quarter 2024 investor letter. During the quarter, the strategy gained 10.48% compared to the S&P 500’s 10.56% return. The stock market rallied by 10.56% in Q1 2024, adding to the 11.69% rally in Q4 2023. The strategy performed in line with the S&P 500 returns this quarter after outperforming last quarter. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Ensemble Capital Management’s Q1 2024 investor letter can be downloaded here.