Merion Road Capital Management, an investment advisor, released its Q1 2026 Investor Letter. Merion Road Capital Management reported that its Merion Road Small Cap Fund gained 3.1% in the first quarter of 2026, outperforming the Russell 2000, which rose 0.9%. Merion Road’s long-only large-cap portfolio declined 3.7% amid broader market weakness reflected in the S&P 500. The performance in the small-cap fund was supported by strong contributions from holdings, driven by accelerating aerospace...
