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Hypotenuse Capital Management Q1 2018 Update Letter

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Fund Letters


  • Includes detailed analysis of Hypotenuse Capital Management's positions in ICLTF, TOTZF, TCX.
  • Through the three months ended March 31st, 2018, Hypotenuse Capital Partners, LP lost (8.7%) and (9.1%) on a gross and net basis, respectively.
  • These losses were primarily concentratedamongst four of our largest positions which each lost 200 basis points or more during the quarter.Altogether, these four positions comprised 59% of the Fund’s net assets at quarter end.

April 2018

Originally posted on Reddit.

Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.

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