Merion Road Capital Management’s Q2 2021 Investor Letter

Merion Road Capital Management, an investment management firm, published its second-quarter 2021 investor letter – a copy of which can be downloaded here.  A quarterly return of 11.2% was reported by the fund’s Long Only Large Cap Fund, while its Long Short Small Cap Fund delivered a 14.0%  gain in the second quarter of 2021, outperforming its Russell 2000, Barclay Hedge Fund, and S&P 500 benchmarks that delivered a 4.0%, 4.0%, and 8.4% returns respectively for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their top bets for 2021.