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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Themes | Quick Take |
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Buyside Digest is not affiliated with, and does not endorse, Alpha Wealth Funds - The Insiders Fund. This analysis is provided for institutional research purposes only and is not investment advice.
"Long-short equity fund investing alongside corporate insiders using SEC Form 4 filings as primary screen. Underperforming S&P 500 by 22.87%."
The Insiders Fund LP employs a long-short equity strategy focused on investing in companies where management has demonstrated conviction by investing significant personal capital. The fund uses SEC Form 4 filings as its primary screening tool, applying a proprietary scoring algorithm to insider buying and selling activity. For 2023, the fund generated a 3.42% net return, underperforming the S&P 500's 26.29% return by 22.87%. Since inception in 2001, the fund has delivered an annualized return of 11.38% net of fees, outperforming the S&P 500's 7.79% by 3.59% annually. The strategy has demonstrated particular strength during market downturns, with notable outperformance in 2008-2009 and 2001-2002. The fund operates with a 2% management fee and 20% performance allocation, requiring a minimum investment of $200,000 with monthly redemptions available on 30 days notice.
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Algorithmic conviction, macroeconomic posture, and risk appetite signals extracted from this quarterly letter with qualitative explanations.
Market Conviction
Growth Outlook
Risk Appetite
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Forward Guidance
Language Signal
Perceived Risk
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