Upslope Capital's Q4 2021 Investor Letter

Feb. 08, 2022 12:24 PM ETCASY, CBOE, MKTX, ATR, BFAM, ARKK, SPLV, SPHB, TCVA

Summary

  • Upslope Capital Management is a Colorado registered investment adviser. Upslope's core investment approach is a concentrated, long/short equity strategy, focused on mid-cap businesses.
  • 2021 was a relatively challenging year for the strategy, owing to COVID-linked challenges at two core longs and a choppy year for defensive styles.
  • Against heightened macro and geopolitical risks and following an impressive run in indexes with negligible draw-downs, 2022 is likely to see significantly more volatility than 2021.

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This article was written by

Concentrated, long/short, midcap, global developed markets. CO registered investment adviser. DISCLAIMER: Upslope Capital Management (“Upslope”) is a Colorado registered investment adviser. Upslope may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Nothing published by Upslope on this or other websites should be construed by any consumer and/or prospective client as Upslope’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Upslope with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Upslope, please contact the state securities regulators for those states in which Upslope maintains a registration filing. A copy of Upslope’s current written disclosure statement discussing Upslope’s business operations, services, and fees is available at the SEC’s investment adviser public information website (www.adviserinfo.sec.gov) or from Upslope upon written request. Upslope does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to on this or Upslope’s website or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.  From time to time, Upslope may publish research reports with the aim of receiving feedback from the broader investment community. Such materials are not intended to be investment advice and should under no circumstance be considered a recommendation to take action with respect to any security. Upslope, its Managing Member, and its clients may hold positions, long or short, in such securities, and Upslope may trade without informing or updating readers.   Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy. Information published by Upslope on this website is not intended to provide investment, tax, or legal advice.
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Disclosure: I/we have a beneficial long position in the shares of CASY, BFAM, ATR, MKTX AND OTHERS (AS NOTED) either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Concentrated, long/short, midcap, global developed markets. CO registered investment adviser. DISCLAIMER: Upslope Capital Management (“Upslope”) is a Colorado registered investment adviser. Upslope may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Nothing published by Upslope on this or other websites should be construed by any consumer and/or prospective client as Upslope’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Upslope with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Upslope, please contact the state securities regulators for those states in which Upslope maintains a registration filing. A copy of Upslope’s current written disclosure statement discussing Upslope’s business operations, services, and fees is available at the SEC’s investment adviser public information website (www.adviserinfo.sec.gov) or from Upslope upon written request. Upslope does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to on this or Upslope’s website or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. From time to time, Upslope may publish research reports with the aim of receiving feedback from the broader investment community. Such materials are not intended to be investment advice and should under no circumstance be considered a recommendation to take action with respect to any security. Upslope, its Managing Member, and its clients may hold positions, long or short, in such securities, and Upslope may trade without informing or updating readers. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy. Information published by Upslope on this website is not intended to provide investment, tax, or legal advice. As of the date of this document publication, Upslope was long (or short) certain securities consistent with its discussion of such securities. Positioning may change without notice.

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