Jackson Peak Capital’s Q3 2023 Investor Letter

Jackson Peak Capital, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. Jackson Peak performed exceptionally well in Q3, delivering a robust +11.8% return. Despite the challenging market conditions, Jackson Peak’s alternative, long-short investment strategy proved successful, securing notable wins in each segment of the portfolio—core longs, special situations, and alpha shorts. Additionally, the portfolio received a smaller yet beneficial boost from reducing net exposure and implementing macro hedges in anticipation of an increase in long-term interest rates, a move that paid off as long-term interest rates rose and equity indices declined. Take a moment to review the fund’s top 5 holdings to gain insights into their primary investment choices for 2023.