Headwaters Capital Management’s Q1 2023 Investor Letter

Headwaters Capital Management, an investment management company, released its first-quarter 2023 investor letter. A copy of the same can be downloaded here. The portfolio gained 5.2% (gross) in the first quarter compared to a 4.1% return for the Russell Mid Cap Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.