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Tech Was a Tailwind in 2020, but Finally Stung Kerrisdale in March

Big positions in Twitter and Sea Limited hurt the hedge fund during the tech drawdown.

Kerrisdale Capital’s love affair with technology stocks stung it in March, as the hedge fund founded by Sahm Adrangi fell 6 percent.The fund was down 4.33 percent for the first quarter, according to a private database.Kerrisdale, a long-short equity fund better known for its activist shorts, had piled into tech

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