Silver Beech Capital’s Q4 2023 Investor Letter

Silver Beech Capital, a value-oriented investment management firm, released its fourth quarter 2023 investor letter. The fund returned 27.7% for the full-year 2023 net of fees compared to 23.7% for the S&P 500 and 13.0% for the Russell 2000 index. Since inception, the annual compounded return of the fund is 22.1% equating to 12.8% annualized outperformance over the S&P 500. The company is pleased with its outstanding achievement for the last three years, especially with its 2023 index-beating results. In addition, please check the fund’s top five holdings to know its best picks in 2023.

A copy of Silver Beech Capital’s Q4 2023 investor letter can be downloaded here.