This week we have a double dose for you, reporting on our fund for the past two weeks. We noticed that a few of our twitter position updates could be misconstrued (using percentages of our initial holding, rather than current percentages). We have addressed this issue and present now each percentage as an up-to-date representation of our current holdings.
Over the course of the past two weeks, we have strengthened a few of our positions after a decrease in price. To do this, we shifted some of our Bitcoin “dry powder” to our microcap holdings. Currently, our portfolio is as follows:
|Holding||% of Portfolio||6/6-6/13 %Return||6/13-6/20 %Return|
|BTC (dry powder)||47.90%||-17.04%||6.72%|
That brings us to a to-date return of -6.97% since inception on 5/30/18. To see how that stacks up against our benchmarks, see the following table:
|Benchmark||To Date % Return|
As you can see, we outperformed all other crypto benchmarks, even during a period of high volatility and a bear market. Recent performance was driven in part by large gains by REM. We’ll be cross publishing blog posts on here and our new Medium account, so be sure to follow us there and on twitter @GestaltCrypto.