Worst Performing Short Position of Liberty Capital: Vishay Intertechnology (VSH)

Liberty Park Capital Management, LLC, a financial management company, released its second quarter 2023 investor letter. A copy of the same can be downloaded here. Liberty Park Fund rose 14.60%, net of fees, in the second quarter compared to the Russell 2000 Index’s 5.18% return. Both the Liberty Park funds delivered excellent results in the quarter. The increase in the fund’s long positions contributed 15.28% on a weight-adjusted basis, while the increase in shorts detracted 0.96% on a weight-adjusted basis. Liberty Park Select Opportunities, LP’s value returned 19.46% net of fees in the second quarter. In addition, please check the fund’s top five holdings to know its best picks in 2023.

Liberty Park Capital highlighted stocks like Vishay Intertechnology, Inc. (NYSE:VSH) in the second quarter 2023 investor letter. Headquartered in Malvern, Pennsylvania, Vishay Intertechnology, Inc. (NYSE:VSH) manufactures and distributes discrete semiconductors and passive components. On October 2, 2023, Vishay Intertechnology, Inc. (NYSE:VSH) stock closed at $24.92 per share. One-month return of Vishay Intertechnology, Inc. (NYSE:VSH) was -6.07%, and its shares gained 29.25% of their value over the last 52 weeks. Vishay Intertechnology, Inc. (NYSE:VSH) has a market capitalization of $3.465 billion.

Liberty Park Capital made the following comment about Vishay Intertechnology, Inc. (NYSE:VSH) in its Q2 2023 investor letter:

“Vishay Intertechnology, Inc. (NYSE:VSH) reported better-than-expected results and guidance when it reported the first- quarter results.”

microchip, system, background

Photo by L N on Unsplash

Vishay Intertechnology, Inc. (NYSE:VSH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held Vishay Intertechnology, Inc. (NYSE:VSH) at the end of second quarter which was 22 in the previous quarter.

We discussed Vishay Intertechnology, Inc. (NYSE:VSH) in another article and shared the list of best affordable technology stocks to buy. In addition, please check out our hedge fund investor letters Q2 2023 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.