RBI Capital Partners continued to struggle during the second quarter, along with most other hedge funds looking for a top in the equities market any day now. In the RBI Capital Q2 2018 letter, Managing Member Skip Tague reported that the fund’s long/short portfolio was down 5.2% gross and 5.6% net for the quarter. The short-only RBI Capital Kodiak fund was down 8.8% gross and net for the quarter. Year to date, RBI’s long/short fund is down 10% gross and 10.7% net, while the short-only Kodiak fund is down 14.6% gross and net for 2018.

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