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Recurve Capital’s Q2 2026 Investor Letter

Recurve Capital recently published its investor update for June 2026. The portfolio underperformed significantly this year, largely due to Carvana, which saw a decline of 10% in June and 22% year-to-date (YTD) through June 30th. This drop has contributed nearly 80% to the portfolio's poor performance for the year.  In June, Recurve Capital Partners reported a return of -4.3% (gross) and -4.4% (net), compared to -1.1% for the S&P 500 Index and -2.8% for the Nasdaq. Please review the Strategy’s top five holdings to gain insights into their key selections for 2026.

A copy of Recurve...