Is it Worthy to Invest in Beacon Roofing Supply (BECN)?

Fiduciary Management, an investment management firm, published its “Small Cap Equity” second quarter 2022 investor letter – a copy of which can be downloaded here. The FMI Small Cap strategy declined approximately 10.9% (gross)/11.1% (net) in the second calendar quarter compared to minus 17.20% for the Russell 2000 and negative 15.28% for the Russell 2000 Value. Go over the fund’s top 5 positions to have a glimpse of its finest picks for 2022.