Horos Asset Management’s Q3 2022 Investor Letter

Horos Asset Management, an investment management firm, published its third-quarter 2022 investor letter – a copy of which can be downloaded here. During the third quarter of the year, Horos Value Internacional fund fell -7.1% over the quarter (-7.7% YTD), compared to a -0.6% decline of its benchmark. Horos Value Iberia, on the other hand, was down by -12.9% over the period (-15.4% YTD), compared to -9.1% in its benchmark index. Try to spare some time to check the fund’s top 5 holdings for you to have an idea about their best stock picks this 2022.