Merion Road Capital Management’s Q3 2021 Investor Letter

Merion Road Capital Management, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here.  Merion Road Capital’s long-only large-cap portfolio fell 2.7%, while its long-short small-cap portfolio was up 0.7% for the third quarter of 2021, compared to its Russell 2000, Barclay Hedge Fund, and S&P 500 benchmarks that delivered a 4.3%, 0.1%, and 0.6% returns respectively for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.