Prosper Stars & Stripes’ Q1 2025 Investor Letter

Prosper Stars & Stripes, a long/short equity fund, recently released its first quarter 2025 investor letter. The fund underperformed and generated a net return of -9.7% compared to a total return of -9.5% for the long-only small cap Russell 2000 Index (the “Russell”), and a total return of 0.2% for the long/short equity hedge fund peer group represented by the HFRX Equity Hedge Index (the “HFRX”). A combination of factors led the composite to underperform compared to its net exposure at the start of the year. In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of Prosper Stars & Stripes’ Q1 2025 investor letter can be downloaded here.