Rowan Street Capital’s Q2 2026 Investor Letter

Rowan Street Capital, an investment management company, released its Q1 2026 investor letter. The Fund’s performance remained stable in the second quarter, with the portfolio declining about 1% from the first quarter, resulting in a net return of -21% for the second half of 2026. Despite the stock prices of several holdings facing pressure in 2026, the underlying businesses have performed effectively, marking a trend where stock prices may not align with business performance. This...