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 Oct 22, 2026
GreensKeeper Value Fund declined 0.9% net of fees in Q3 2026, bringing year-to-date net performance to 1.0%. The fund maintained a defensive posture as broader markets showed signs of structural strain. Cash and cash equivalents rose to 9.5% of total portfolio assets, with equity exposures standing at 64.0% in U.S. equities, 22.9% in EMEA equities, and 3.6% in Canadian equities. The manager consciously avoided chasing top-heavy benchmark indices propped up by speculative momentum in mega-cap technology names. The manager's macroeconomic framework highlights deteriorating fiscal sustainability and mounting sovereign bond yield pressure. Paralleling Canada's 1990s fiscal reckoning, the manager notes irresponsible U.S. budget deficits running at 6% of GDP alongside rising debt burdens and political gridlock in France. Simultaneously, a speculative gambling mentality characterized by leveraged options and crypto trading has inflated an artificial intelligence bubble. Parallels to the late-1990s dot-com era are pronounced, with early AI infrastructure operators burning billions in capital while depending on fickle debt markets. Portfolio activity reflected heightened selectivity and capital discipline. The fund fully liquidated positions in Lululemon Athletica due to decelerating growth in China, Novo Nordisk amid US pricing compression and pipeline diversification risks, and Mobility Global post-spin-off. Key long holdings Intercontinental Exchange, Visa, and TVA Group contributed positively, while the manager maintained high-conviction positions in Automatic Bank Services, Richemont, S&P Global, and Alphabet.
GreensKeeper focuses on long-term capital preservation and intrinsic value compounding by investing in high-quality, cash-generative businesses with durable moats at reasonable valuations while avoiding speculative market manias.
Management anticipates that persistent fiscal deficits and climbing sovereign yields will eventually force market discipline on speculative assets, and intends to maintain raised underwriting standards and elevated cash reserves until compelling value opportunities emerge.
Moderate Conviction Bullish
Market Conviction
Growth Outlook
Risk Appetite
Capital Deployment
Forward Guidance
Language Signal
Perceived Risk
Opportunity Density
Time Horizon
Top Conviction Themes
Key Catalysts
Every insight in this database connects to the original source. Read the actual thesis, see the actual concerns, and make your own call.
Buyside Digest has no business relationship, partnership, agency, sponsorship, endorsement, or affiliation with GreensKeeper Value Fund or any other manager whose content appears on the Service, except where expressly stated. We do not receive Manager Content directly from managers in most cases; content is collected from publicly available sources. Managers have not necessarily reviewed, approved, authorized, or endorsed our display of their content, our editorial commentary, our metadata extraction, or our classifications. Use of a manager’s name is for accurate attribution and identification purposes only, under principles of nominative fair use.
Buyside Digest does not independently verify the regulatory status, registrations, licensing, qualifications, credentials, or professional standing of managers whose content appears on the Service. We do not represent that managers are properly registered with applicable regulatory bodies, that their content complies with applicable securities laws, or that their performance representations are accurate. Inclusion of a manager in our database is based on the publicly available nature of their content, not on our verification of their regulatory status or content compliance. Users are responsible for conducting their own due diligence on any manager.
Performance data, returns, assets under management (“AUM”), and similar figures displayed on this page are sourced from publicly available manager communications (including investor letters), public filings, or other third-party sources. Buyside Digest does not independently verify performance figures, calculate returns, or audit manager-reported data. Such figures: May be selectively reported by the manager; May use non-standard calculation methodologies; May not reflect fees, expenses, taxes, or other costs; May be inconsistent across reporting periods; May be outdated. Past performance is not indicative of future results. Performance figures should not be relied upon for investment decisions without independent verification. Users should request audited performance data directly from the manager and conduct their own due diligence.