Weitz Investment Management Partners III Opportunity Fund’s Q3 2023 Investor Letter

Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” third-quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund’s Institutional Class returned -0.57% compared to a -3.25% return for the Russell 3000 Index. The Fund’s Institutional Class has returned +10.70% year-to-date compared to a +12.39% return for the benchmark. Following double-digit gains in the first half of 2023, bonds and stocks both cooled down in the third quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.