Published on 20 Jul 2024 on Insider Monkey · via Yahoo Finance
Alphyn Capital Management, an investment management firm, released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. The Master Account of the fund returned -2.7% net in the second quarter compared to 4.3% for the S&P500 Index. As of June 30, 2024, the top ten holdings accounted for approximately 66% of the portfolio, and approximately 16% of the portfolio was held in cash. In addition, please check the fund’s top five holdings to know its best picks in 2024.
Alphyn Capital Management highlighted stocks like Fairfax Financial Holdings Limited (OTC:FRFHF) in the second quarter 2024 investor letter. Fairfax Financial Holdings Limited (OTC:FRFHF) provides property and casualty insurance and reinsurance, and investment management services. The one-month return of Fairfax Financial Holdings Limited (OTC:FRFHF) was 4.33%, and its shares gained 59.48% of their value over the last 52 weeks. On July 11, 2024, Fairfax Financial Holdings Limited (OTC:FRFHF) stock closed at $1,153.27 per share with a market capitalization of $26.982 billion.