Stanphyl Capital December 2020: Short ARKK
Stanphyl Capital commentary for the month ended December 31, 2020, discussing the changes to their short book, replacing QQQ with ARKK and a new position in Spok Holdings Inc (NASDAQ:SPOK). Q3 2020 hedge fund letters, conferences and more Friends and Fellow Investors: December 2020 PerformanceFor December 2020 the fund was up 1.1% net of all fees and expenses. By way of comparison, the S&P 500 was up 3.8% while the Russell 2000 was up 8.7%. For 2020 the fund finished down 11.5% while the S&P 500 was up 18.4% and the Russell 2000 was up 20.0%. Since inception on June 1, 2011 the fund is up 36.1...