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 19, 2026
During the third quarter of 2026, Peak Asset Management did not report specific proprietary fund net performance figures, instead contextualizing multi-asset portfolio positioning against broader market indices. Equity markets exhibited notable internal divergence as the cap-weighted S&P 500 advanced 2.30% in Q3, propelled by megacap technology leadership, whereas the S&P 500 Equal-Weight Index declined 1.87%. Fixed income faced marked duration headwinds, with the Bloomberg U.S. Aggregate Bond Index declining 3.51% during the quarter as sovereign yields adjusted sharply higher. The macroeconomic narrative was dominated by persistent inflation and Federal Reserve policy adjustments. Under the leadership of Fed Chair Kevin Warsh, the Federal Open Market Committee raised the federal funds rate by 25 basis points to a target range of 3.75% to 4.00% to reinforce price stability. The 10-Year U.S. Treasury yield climbed to 5.30%, reaching its highest level since 2007, while the 2-Year Treasury yield surged from 3.47% at year-end to 4.88%, suggesting that the fixed income market has preemptively priced in necessary monetary tightening. From a portfolio construction standpoint, the firm did not detail individual equity holdings, focusing instead on asset class allocation mechanics. High starting yields across the Treasury curve have revitalized the defensive utility of bonds, restoring their role as an income cushion and historical portfolio stabilizer. Capital is positioned to leverage this elevated yield environment for dependable cash flow, liquidity preservation, and systematic rebalancing into equities during periodic market drawdowns.
High starting yields restore fixed income as an effective portfolio stabilizer, delivering attractive income cushions and the requisite liquidity to systematically rebalance into equities during market downturns.
Fixed income presents compelling forward return potential based on starting yields not seen since 2007, while the bond market appears to have largely preempted the Federal Reserve's rate-hiking trajectory.
Moderate Conviction Bearish
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 Peak Asset Management 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.