The London Company SMID Cap Strategy’s Q3 2023 Investor Letter

The London Company, an investment management company, released “The London Company SMID Cap Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund declined 5.0% (-5.1% net) compared to a 4.8% fall in the Russell 2500 Index. A lack of exposure to the Energy sector drove the portfolio’s underperformance. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.