Here’s Why Vltava Fund Sold Lockheed Martin Corporation (LMT)

Vltava Fund, an investment management company, recently released its first-quarter 2024 investor letter. A copy of the same can be downloaded here. The fund doesn’t own any of the currently largest stocks in the portfolio, except for Berkshire. The stocks in the fund’s portfolio trade at lower earnings multiples compared to the largest ones. The portfolio stocks have more growth potential, as evidenced by the fund’s recent returns. In addition, you can check the top 5 holdings of the fund...