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.
Mairs & Power Fund emphasizes long-term compounding by investing in high-quality, durable businesses with strong competitive advantages at attractive valuations. Although underperforming the S&P 500 YTD due to a disciplined avoidance of speculative AI hardware, the fund is capitalizing on the AI infrastructure cycle by targeting downstream beneficiaries and underappreciated software companies facing unwarranted displacement fears.
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Mairs & Power Fund emphasizes long-term compounding by investing in high-quality, durable businesses with strong competitive advantages at attractive valuations. Although underperforming the S&P 500 YTD due to a disciplined avoidance of speculative AI hardware, the fund is capitalizing on the AI infrastructure cycle by targeting downstream beneficiaries and underappreciated software companies facing unwarranted displacement fears.
Eagle is focusing on AI 'diffusion' and 'confusion' opportunities, increasing its stake in London Stock Exchange Group (LSEG) on the belief that market fears of its AI disruption are highly exaggerated.
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Eagle is focusing on AI 'diffusion' and 'confusion' opportunities, increasing its stake in London Stock Exchange Group (LSEG) on the belief that market fears of its AI disruption are highly exaggerated.
The Micro Opportunities Strategy navigated Q3 2025 by adhering to a quality-first approach, trailing a speculative momentum rally but adding key new positions in community banking, network security, and specialty agriculture.
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The Micro Opportunities Strategy navigated Q3 2025 by adhering to a quality-first approach, trailing a speculative momentum rally but adding key new positions in community banking, network security, and specialty agriculture.
Despite macro volatility and trade posturing early in Q2 2025, the strategy achieved a robust 10.55% net return, supported by strong performance in industrial and AI-infrastructure holdings, while maintaining a constructive long-term view.
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Despite macro volatility and trade posturing early in Q2 2025, the strategy achieved a robust 10.55% net return, supported by strong performance in industrial and AI-infrastructure holdings, while maintaining a constructive long-term view.
