LVS Advisory’s Q2 2022 Letter

Investment management company LVS Advisory, a New York City-based full-service investment firm, recently released its second quarter, 2022 investor letter. A copy of the same can be downloaded here. The defensive portfolio of the fund declined 1% and its Growth Portfolio declined 36.2% in the first half of the year. Investments in industries that were hit hard and in international stocks impacted the fund’s performance. Moreover, the portfolio’s bias towards small and medium cap stocks and concentration of its Growth Portfolio in 10 to 20 stocks contributed to the underperformance of the fund. For more information on the fund’s top picks in 2022, please check its top five holdings.