McIntyre Partnerships 2Q21 Commentary: Garrett Motion Is A Big Bet Investment
McIntyre Partnerships commentary for the second quarter ended June 30, 2021. Q2 2021 hedge fund letters, conferences and more Dear Partners, McIntyre Partnerships Quarterly ReturnsPerformance and Positioning Review - Q2 2021Through Q2 2021, McIntyre Partnerships returned approx. 82% gross and 67% net. This compares to S&P 500 and Russell 2000 Value returns including dividends of 15% and 27%, respectively. Our investment in GTX/GTXAP is a “big bet” investment, which, given our concentration, makes market comparisons less useful at present. The largest event in the quarter was the catalyst the f...