This fund returned 21% in May alone buying ‘left-for-dead’ stocks — and it has a new target
Key Takeaways
An average holding period of three years meant some of the bets made in the 2022 sell-off started to come good for Whetstone Capital this spring.
Article Overview
Quick insights and key information
2 min read
Estimated completion
investment
Article classification
July 3, 2025
12:53 PM
MarketWatch
Original publisher
Advanced ➔ Results This fund returned 21% in May alone buying ‘left-for-dead’ stocks — and it has a new targetWhetstone Capital has had a big year, pelled by companies including the fin DaveLast d: July 3, 2025 at 8:53 a
ETFirst Published: July 1, 2025 at 1:32 a
ETResizeListen(4 min)The market volatility of 2022 presented opportunities for the value investor prepared to step in
Photo: Getty ImagesOne hedge fund banked on scouring the dark and dislocated corners of the market to der an eye-popping 21% jump in May alone
Whetstone Capital, headquartered in Shawnee Mission, Kan. , was established in 2010 by David Atterbury and a year later his investment partner, Andrew Carlson joined him
The Author Jules RimmerJules Rimmer is a reporter in London
Rimmer spent more than 30 years as a trader and stockbroker in financial, starting at Salomon Brothers in the Liar's Poker era, taking in ING Barings, Jefferies and ending it in emerging at Investec
He hung up his headset and pivoted to journalism in 2021
Show Conversation (0)Back To TopCopyright © 2025 MarketWatch, Inc
Terms of Use DPrivacy NoticeCookie Notice MarketWatchCustomer Center UsNewsroom RosterVirtual Stock ExchangeMarketWatch GuidesCopyright PolicyManage NotificationsCancel My SubscriptionCompanyDow JonesCode of ConductCorrectionsRes & LicensingDigital Self ServiceYour Ad ChoicesCorporate SubscriptionsAccessibilityDow Jones NetworkThe Wall Street JournalBarron'sInvestor's DailyBigChartsFinancial News Londonrealtor
ComMansion GlobalDow Jones Smart MoneyIntraday Data vided by FACTSET and subject to terms of use
Historical and current end-of-day data vided by FACTSET
All quotes are in local exchange time
Real-time last sale data for U
Stock quotes reflect trades reported through Nasdaq only
Intraday data delayed at least 15 minutes or per exchange requirements.
Related Articles
More insights from FinancialBooklet