Fund Exits $5 Million DHT Holdings Position Amid 90% Stock Surge
1492 Capital Management sold its entire position in DHT Holdings, valued at approximately $5.3 million, amid a 90% surge in the stock's price over the past year. The move marked a full exit from the position, which accounted for 1.6% of the fund's AUM previously. The stock's strong performance outpaced the S&P 500's 35% gain during the same period.
Tickers: $DHT
Topics: 1492 Capital Management DHT Holdings SEC filing stock liquidation