The London Company Large Cap Strategy’s Q4 2023 Investor Letter

The London Company, an investment management company, released “The London Company Large Cap Strategy” fourth quarter 2023 investor letter. The fund gained 7.6% (7.5%, net) during the quarter compared to a 12% rise in the Russell 1000 Index. Headwinds from stock selection and sector exposure led the fund to underperform in Q4. The Large Cap portfolio underperformed its benchmark in 4Q, falling short of 85-90% upside capture estimates. As was the case throughout the year, a lack of exposure to high volatility and growth factors, as well as an overexposure to quality factors, acted as headwinds. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of The London Company Large Cap Strategy’s Q4 2023 Investor Letter can be downloaded here.