FPA Crescent Fund’s Q2 2022 Investor Letter

FPA Crescent Fund, an investment management company, recently published its second-quarter 2022 investor letter. A copy of the same can be downloaded here. The fund returned -9.32% in the second quarter and for the trailing 12 months, it declined by 10.69%. The top five performers provided 3.4% to the fund’s return. You can view the top 5 holdings of the fund to know its best picks in 2022.