Gator Capital Management Q1 2019 Investor Letter

|
Includes: SIVB, SYCRF
by: Fund Letters
Summary

At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises.

For the first quarter of 2019, we outperformed the Financials sector benchmark and the overall market. The Fund gained 19.78%.

The Fund’s portfolio rebounded nicely to begin 2019. Several of our non-bank financials, including OneMain Financial, NMI Holdings, and Sallie Mae, recovered sharply from the December selloff.

Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.