Hinde Group adds AMZN, NFLX; trims IBKR among Q1 moves

Hinde Group, in its Q1 partner letter, said the fund outperformed the S&P 500 during the first quarter and disclosed it trimmed its position in Interactive Brokers (IBKR) during the period. The note is primarily a report of the fund’s performance and a portfolio adjustment rather than a market-moving outlook; the trimming of IBKR could signal reduced conviction there but is unlikely to materially affect large-cap liquidity. AMZN is shown as a related stock in the report, but the letter’s actionable item is the IBKR reduction and the fund’s relative outperformance versus the US SP 500.