Blog | Heron Bay Capital Management

4Q 2022 Client Letter

As we leave 2022 in the rear-view mirror, many of us will bid it “good riddance”. From the market high on January 3rd, a barrage of news...

3Q 2022 Client Letter

Dear Clients, The third quarter brought continued tumult and market volatility. The S&P 500 increased 12.75% from July 1 until August 16...

2Q 2022 Client Letter

Dear Clients, As most of you are likely aware, the second quarter brought market volatility with an overall downward trend. The equity...

1Q 2022 Client Letter

The first quarter of 2022 was remarkable for a couple of events: the persistent pressure of inflation on the economy and the Russian...

4Q 2021 Client Letter

Despite facing unprecedented stresses due to another year of COVID-19, the equity markets experienced outstanding returns in 2021. Who...

3Q 2021 Client Letter

At Heron Bay Capital Management, we believe quality businesses with superior economics will generate superior investment results over the...

2Q 2021 Client Letter

In the second quarter of 2021, we saw some volatility related to concerns about inflation and the consequent effects on interest rates....

1Q 2021 Client Letter

In the first quarter of 2021, we saw very positive market performance in equities that was largely attributable to several factors:...

4Q 2020 Client Letter

We launched Heron Bay Capital Management on January 1, 2020 with great excitement and enthusiasm. Our vision was and is to be a boutique...

3Q 2020 Client Letter

It has been a year for the record books. A market which started the year on an optimistic note, had an unprecedented rapid decline, the...

2Q 2020 Client Letter

What a difference a few weeks can make! Following one of the sharpest declines in history during the first quarter of 2020, we saw one...

1Q 2020 Client Letter

Thank you for your support of our new firm, Heron Bay Capital Management. As an independent firm dedicated to the management of the...