Masonite International Corporation (DOOR) Rose 55% in Q1

The London Company Small Cap Strategy:

• The fund gained 8.3% in the first quarter of 2024, outperforming the Russell 2000 Index.
• Stock selection contributed to the portfolio's performance, despite some impact from sector exposure.
• The top 5 holdings of the fund for 2024 are available for review.

Masonite International Corporation (NYSE: DOOR):

• Masonite International Corporation is a company that designs, manufactures, and distributes interior and exterior doors.
• The stock price closed at $132.70 per share on May 3, 2024.
• Masonite received a buyout offer from Owens Corning, leading to a 55% increase in the stock price in the first quarter of 2024.

Hedge Fund Portfolios:

• Masonite International Corporation was held by 32 hedge fund portfolios at the end of the fourth quarter of 2023.
• This number increased from 42 in the previous quarter.

Further Information:

• Masonite International Corporation is not among the 30 Most Popular Stocks Among Hedge Funds.
• The London Company's views on Masonite International Corporation were previously discussed in another article.

Additional Resources:

• Readers are encouraged to explore more investor letters from hedge funds and leading investors on the Insider Monkey website.