Vulcan Value Partners Small Cap Composite’s Q3 2020 Investor Letter

Vulcan Value Partners, an exclusive investment vehicle for all public equity investments, published its ‘Small Cap Composite’ third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A gross return of 0.1% was recorded by the fund for the Q3 of 2020, below its Russel 2000 Value Index benchmark that returned 2.6% and Russel 2000 index that returned 4.9%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.