The curated database of hedge funds that publish investor letters. Research by geography, strategy, and schools of thought.
| # | Fund | Strategy | Style | Geography | AUM | Latest Letter |
|---|---|---|---|---|---|---|
As of Jun 30, 2025
Apis Global Discovery Fund reported a strong performance through Q2 2025, up 23.6% YTD net. Key drivers included South Korea's rebound post-election, plus strong performance in defense and power infrastructure longs like Poongsan, Hyundai Rotem, and Iljin Electronics. The letter details structural investment opportunities in global defense, space, Western power grids, nuclear energy, and selective policy-driven 'Trump Trades.' Two core stock holdings are detailed: Magnite (US digital advertising and CTV play) and NOF Corporation (undervalued Japanese chemical/pharma company).
Capitalizing on bottom-up stock selection in deeply underperformed regions (such as South Korea) and structurally supported global megatrends (defense, energy infrastructure, nuclear) that have been neglected by broad-market flows.
Positive on structural themes including global defense, power infrastructure, space, nuclear energy resurgence, and European infrastructure, alongside selective 'Trump Trades' like gold miners and mining services.
High Conviction Bullish
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