Here’s Why RF Capital Management Continues to Hold Sprouts Farmers Market (SFM)

RF Capital Management, an investment management company, released its first-quarter 2025 investor letter. A copy of the same can be downloaded here. RF Capital returned -2.43% net of all fees in the first quarter compared to -4.59%, -9.48%, and -0.94% returns for the S&P 500, Russell 2000, and MSCI ACWI for the same period. As of the first quarter of 2025, the portfolio’s cash position has decreased to 14.13%. However, there were variations in cash positions across the managed accounts due to differences in trading and timing.  In addition, you can check the fund’s top 5 holdings to...