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 Mar 31, 2026
The Virtus Zevenbergen Technology Fund seeks long-term capital appreciation by investing in high-growth companies positioned to benefit from secular technological shifts. During the first quarter of 2026, the fund returned -10.77%, slightly underperforming its benchmark. This performance was driven by a sharp market rotation away from high-growth equities and into value and defensive sectors, triggered by geopolitical tensions, rising inflation fears, and valuation debates surrounding the monetization of artificial intelligence. Despite these headwinds, the fund benefited from strong performances in AI infrastructure-linked holdings like Micron Technology and Vertiv Holdings, which experienced robust demand. Conversely, positions in Shopify and Microsoft detracted from returns amid shifting consumer sentiment and near-term margin trade-offs. The portfolio managers maintain high conviction in their core holdings, viewing the market drawdown as an attractive opportunity to invest in top-tier growth franchises at reduced valuations while their underlying compound growth characteristics and competitive moats remain fundamentally intact.
The fund invests in high-growth technology companies benefiting from long-cycle structural shifts such as AI infrastructure buildout, grid electrification, next-generation diagnostics, and physical automation.
The managers remain highly constructive on the long-term prospects of high-growth technology, noting that structural changes like grid electrification, physical AI, next-generation diagnostics, and defense spending remain completely intact despite short-term market turbulence.
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 Zevenbergen Capital Investments 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.