RF Capital Q3’19 Investor Letter

RF Capital Management LLC released its 2019 Q3 investor letter – you can download a copy below.

The investment management company reported a 6.98% decline in its quarterly returns. In contrast, the S&P 500 index returned 1.7%, bringing its year-to-date return to 20.6%.

In detailing its results, RF Capital outlined the top detractors and contributors to its performance in the quarter, while also detailing the stocks it initiated and exited during the same period.

A copy of the letter can be downloaded here.