Weitz Investment Management Value Fund’s Q2 2022 Investor Letter

Weitz Investment Management, an asset management company, released its Value Fund second-quarter 2022 investor letter. You can download it here. In the second quarter, the fund’s institutional class returned -16.03% compared to -16.10% for the S&P 500 Index and -20.94% for the Russell 1000. Year-to-date, the fund returned -22.72%. Persistent inflation followed by the aggressive monetary policy by the Federal reserve affected the performance of the portfolio. You can check the fund’s top five holdings to know about its best picks in 2022.