Palm Valley Capital Management’s Q2 2021 Investor Letter

Palm Valley Capital Management, an investment management firm, published its second quarter 2021 investor letter – a copy of which can be downloaded here.  A quarterly portfolio return of 1.16% was recorded by the fund for the second quarter of 2021, trailing the S&P SmallCap 600 and Morningstar Small Cap Index that delivered a 4.50%, and 4.23% returns respectively for the same period. You can view the fund’s top 5 holdings to have an idea about their top bets for 2021.