Here’s Why Blue Tower Asset Management Exited D.R. Horton (DHI)

Blue Tower Asset Management, an investment Management Company, released its first quarter, 2023 investor letter. A copy of the same can be downloaded here. In the quarter, the Blue Tower Global Value returned 14.10% net of fees (14.40% gross). Recovery of the prices of Sberbank and Meta Platforms holdings led to the outperformance of the fund in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

Blue Tower Asset Management highlighted...