Merion Road Capital, an investment advisor, released its first quarter 2024 investor letter. In the first quarter, Merion Road Small Cap Fund returned 4.9% compared to 5.0% for the Russell 2000 Index. The long-only portfolio of Merion Road rose 12.9% during the quarter compared to a 10.4% return for the S&P 500 Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.
A copy of Merion Road Capital’s Q1 2024 investor letter can be downloaded here.
