About OTTRX
The Otter Creek Long/Short Opportunity Fund Institutional Class is an alternative mutual fund designed to pursue long-term capital appreciation by employing a long/short equity strategy. The fund actively manages exposure by taking long positions in equity securities the managers deem undervalued while simultaneously selling short those considered overvalued, aiming to capitalize on both upward and downward market movements. This approach seeks to deliver equity-like returns with potentially lower overall market risk, placing the fund within the equity market neutral category.
Key characteristics include a portfolio of approximately 62 holdings, with a notably high turnover rate of 237%, reflecting active management and frequent rebalancing. Major sector exposures include technology, healthcare, communication services, and financials, with substantial allocations to leading companies such as Meta Platforms, Block Inc, Thermo Fisher Scientific, and Salesforce. The fund maintains a relatively low beta, suggesting less sensitivity to broad equity market fluctuations, and is structured for institutional investors with a significant minimum investment requirement. Since its inception in 2013, it has sought to provide investors with diversified sources of return and risk mitigation in various market environments.
Fund Family Otter Creek
Category Equity Market Neutral
Stock Exchange NASDAQ
Ticker Symbol OTTRX
Share Class Institutional Class
Index S&P 500 TR
OTTRX had a total return of 1.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.72%.
