Top contributors in Q2 were SPOK Holdings (SPOK), OTC Markets (OTCM), and Ligand Pharmaceuticals (LGND). SPOK reported solid Q1 results in April, and 2025 guidance appears conservative. OTCM returned ...
Black Bear Value Fund returned -7.1% in September, -1.0% in the quarter and -12.7% year-to-date. The S&P 500 returned +3.6% in September, +8.1% in the quarter and +14.8% year-to-date. The HFRI Index ...
Summers Value Partners, an investment management company, released its third-quarter 2025 investor letter. The Summers Value Fund LP returned a net return of 20.4% net in Q3 2025, surpassing the 12.4% ...
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