Upslope Capital Management

Investment advisor for Upslope Partners Fund, LP, a global long/short equity hedge fund.

Investment Advisor

Investment Advisor, Upslope Capital Management

Equity Bottom-Up

<ul><li>I continue to believe events in Ukraine, Israel, and China have broader implications than are appreciated by markets today.</li><li>For now, my takeaways are simple (from most to least confident): own defense stocks and broad reshoring winners, and don’t get caught off-guard by tail events.</li><li>Some notable additions (all long): Chemring (UK-based defense company that Upslope previously owned and re-added), North West Co (Canadian specialty retailer), nVent Electric (electrical connection/protection supplier), and Intel (leading semiconductor device manufacturer). Upslope also exited Man Group (UK-based alt. asset manager).</li></ul>

I continue to believe events in Ukraine, Israel, and China have broader implications than are appreciated by markets today.For now, my takeaways are simple (from most to least confident): own defense stocks and broad reshoring winners, and don’t get caught off-guard by tail events.Some notable additions (all long): Chemring (UK-based defense company that Upslope previously owned and re-added), North West Co (Canadian specialty retailer), nVent Electric (electrical connection/protection supplier), and Intel (leading semiconductor device manufacturer). Upslope also exited Man Group (UK-based alt. asset manager).

Consumer Staples Select Sector SPDR Fund (XLP US)

Upslope's Quarterly Investor Letter: 2023-Q4 Update

Chemring Group PLC

Upslope's Quarterly Investor Letter: 2023-Q4 Update