After returning 4.22% during the first month of 2018, Three Rock Capital Management received a performance award from Barclayhedge. The Global Macro Program ranked 9th on a net return basis out of all discretionary managers within Barclayhedge’s database who manage in excess of $10 million.

Long equity index exposure was our primary focus in January and we exited our positions in the first two days of February, avoiding the >10% correction in the S&P 500 and Nasdaq 100 indices.

It is our intention to continue applying risk in the appropriate sectors as 2018 progresses, managing our exposure accordingly.