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 Jul 11, 2026
Tapasya underperformed in H1 2026 (-10.2% vs S&P +10.1%) amid concentrated AI rally but maintains conviction in quality holdings. Established major Amazon position for AWS growth and retail margin expansion. Exited Lululemon and Universal Music Group while adding Adobe and Astera Labs. Portfolio remains concentrated in technology, e-commerce, and payments with global diversification. Manager stays disciplined on AI valuations despite transformative potential.
The fund maintains a concentrated, long-term approach focused on high-quality businesses with strong unit economics and durable competitive advantages, applying an engineering mindset to fundamental analysis while looking past short-term noise to focus on underlying cash flows.
The manager expects inflation to moderate post Iran war and acknowledges operating in one of the most complex macroeconomic conditions in recent history. Despite the challenging environment with prolonged tightening cycles and shifting rate cut expectations, the manager maintains a long-term focus on identifying high-quality businesses with strong unit economics. The tone is cautiously optimistic, emphasizing patience and discipline in valuation methodologies while remaining fully invested in highest-conviction ideas.
Moderate Conviction Bullish
Market Conviction
Growth Outlook
Risk Appetite
Capital Deployment
Forward Guidance
Language Signal
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Opportunity Density
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Top Conviction Themes
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