Rowan Street Capital, an investment management company, released its Q3 2026 investor letter. The letter can be downloaded here. After a challenging start to the year, the portfolio mounted a meaningful recovery, gaining 11% in Q3 to reduce its YTD decline to 12% as of September 30. Led by strong contributions from Meta and Shopify, the rally extended into October, cutting the YTD loss to roughly 7% by October 21. Since implementing its new investment framework in June 2022, the Fund has...
Rowan Street Capital Exits The Trade Desk (TTD) as Thesis Breaks
