Dear Partner, In the fourth quarter of 2022, Woodbridge Capital Partners I, LP (the “Partnership”) returned 3.83%, bringing its total return for 2022 to -30.82% while the S&P 500 returned 7.56% and -18.11% for the quarter and year, respectively (with dividends reinvested). Since its inception in April 2020, the Partnership has returned 104.6% compared to …
Dear Partner, In the third quarter of 2022, Woodbridge Capital Partners I, LP (the “Partnership”) returned -9.52% while the S&P 500 returned -4.88% (with dividends reinvested). Since its inception in April 2020, the Partnership has returned 97.0% compared to the S&P 500’s 40.0%.1 The beginning of this year marked a sharp shift in market sentiment …
Dear Partner, In the second quarter of 2022, Woodbridge Capital Partners I, LP (the “Partnership”) returned -18.37% while the S&P 500 returned -16.10% (with dividends reinvested). Since its inception in April 2020, the Partnership has returned 117.7% compared to the S&P 500’s 47.1%.1 The U.S. stock market entered a bear market this quarter, which is …
Dear Partner, In the first quarter of 2022, Woodbridge Capital Partners (the “Partnership”) returned -9.79% while the S&P 500 returned -4.60% (with dividends reinvested). Since its inception in April 2020, the Partnership has returned 166.7% compared to the S&P 500’s 75.4%.1 Early in the quarter, we made one minor change to the composition of our …
Dear Partner, In the fourth quarter of 2021, Woodbridge Capital Partners I, LP (the “Partnership”) returned 1.5%, bringing the Partnership’s 2021 return to 41.2%. The S&P 500 returned 11.0% and 28.7% in the fourth quarter and 2021, respectively (with dividends reinvested). Since its inception in April 2020, the Partnership has returned 195.7% compared to the …
Dear Partner, In the third quarter of 2021, Woodbridge Capital Partners (the “Partnership”) returned -0.24% while the S&P 500 returned 0.58% (with dividends reinvested). Since its inception on September 1st, 2018, the Partnership has returned 128.40% compared to the S&P 500’s 56.96%. This result represents a period in which both our portfolio and the S&P …
Dear Partner, In the second quarter of 2021, Woodbridge Capital Partners (the “Partnership”) returned -3.13% while the S&P 500 returned 8.55% (with dividends reinvested). Since its inception on September 1st, 2018, the Partnership has returned 128.95% compared to the S&P 500’s 56.05%. This is the first quarterly letter we have had to write with a …
Dear Partner, In the first quarter of 2021, Woodbridge Capital Partners (the “Partnership”) returned 43.99% while the S&P 500 returned 5.77%. Since its inception on September 1st, 2018, the Partnership has returned 136.31% compared to the S&P 500’s 36.94%. Our performance since inception reaffirms our core investment principle: price (what you pay) converges to value …
Dear Partner, In the fourth quarter of 2020, Woodbridge Capital Partners (the “Partnership”) returned 24.36% while the S&P 500 returned 11.69%. 2020. What a year. I have no doubt that it is one we will never forget. It has been the year of the unexpected, the unthinkable. A global pandemic. The shuttering of entire economies. …
Dear Partner, In the third quarter of 2020, Woodbridge Capital Partners (the “Partnership”) returned 19.58% while the S&P 500 returned 8.47%. Although we are delighted with our results in Q3, we want to reiterate that the success of our investment strategy can only be measured over the long term. We expect the volatility of our …
