Merion Road Capital’s Q3 2023 Investor Letter

Merion Road Capital, an investment advisor, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, Merion Road Small Cap Fund returned (3.1%) compared to a (5.2%) return for the Russell 2000 Index and (0.4%) for the Barclay Hedge Fund Index. Furthermore, MRCM Long Only Large Cap returned (2.6%) compared to a (3.2%) 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 2023.