The London Company SMID Cap Strategy’s Q2 2023 Investor Letter

The London Company, an investment management company, released “The London Company SMID Cap Strategy” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund returned 8.5% gross (8.3% net) compared to a 5.2% return for the Russell 2500 Index. Stock selection was positive for the fund’s performance which was offset by headwinds from sector exposure. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.