Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The TimesSquare U.S. FOCUS Growth Strategy navigated a complex macro environment in 4Q25, finishing the year with a net return of 13.88%, well ahead of the Russell Midcap Growth Index. The manager remains constructive on company-level fundamentals, expecting catalysts from AI adoption and tax changes to drive capital spending in 2026.
Full Quick Take
The TimesSquare U.S. FOCUS Growth Strategy navigated a complex macro environment in 4Q25, finishing the year with a net return of 13.88%, well ahead of the Russell Midcap Growth Index. The manager remains constructive on company-level fundamentals, expecting catalysts from AI adoption and tax changes to drive capital spending in 2026.
The London Company Large Cap portfolio returned 6.2% net in Q3 2025, lagging the Russell 1000's 8.0% return due to headwinds facing quality-oriented factors. Despite high valuations and market speculation, the manager remains committed to its defensive, quality-first approach, exiting BRKR and initiating EQH.
Full Quick Take
The London Company Large Cap portfolio returned 6.2% net in Q3 2025, lagging the Russell 1000's 8.0% return due to headwinds facing quality-oriented factors. Despite high valuations and market speculation, the manager remains committed to its defensive, quality-first approach, exiting BRKR and initiating EQH.
