About WPOPX
Weitz Partners III Opportunity Fund Institutional Class is a mutual fund that employs a long/short equity strategy with an emphasis on capital appreciation. This fund is designed to provide investors with flexible exposure to both long and short positions in equity securities, allowing its managers to capitalize on opportunities across varying market cycles and mitigate downside risk. The portfolio is notably concentrated and holds positions in companies of all sizes, spanning giant, large, medium, small, and micro capitalization segments, though it skews toward larger firms. Key sectors represented include financial services, communication services, healthcare, and industrials, with major holdings such as Berkshire Hathaway, Visa, and Alphabet. The fund is managed by an experienced team with a history dating back to 1983, leveraging rigorous fundamental research in its investment process. Its Institutional Class offers a cost advantage relative to peer funds in the long-short equity category, making it appealing to institutional investors seeking a diversified and actively managed alternative equity strategy. The fund plays a specialized role in the market by providing dynamic equity exposure with the objective of enhancing returns and managing volatility within diversified portfolios.
Fund Family Weitz
Category Long-Short Equity
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WPOPX
Share Class - Institutional Class
Index S&P 500 TR
WPOPX had a total return of 6.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.04%.
