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.
Brown Advisory's Mid-Cap Growth Strategy outperformed by 300 basis points in Q2 2026, driven by AI infrastructure suppliers including Marvell Technology which returned 166% before being sold on valuation. The manager executed high portfolio turnover, adding eighteen new positions across data center hardware, software, and consumer services while maintaining discipline around price targets. Market leadership continued broadening beyond mega-cap tech as anticipated in recent letters.
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Brown Advisory's Mid-Cap Growth Strategy outperformed by 300 basis points in Q2 2026, driven by AI infrastructure suppliers including Marvell Technology which returned 166% before being sold on valuation. The manager executed high portfolio turnover, adding eighteen new positions across data center hardware, software, and consumer services while maintaining discipline around price targets. Market leadership continued broadening beyond mega-cap tech as anticipated in recent letters.
Despite a tough Q3 underperforming a soaring benchmark due to a historic rotation away from high-quality compounders and unwarranted AI fears, Baron Growth Fund remains highly constructive, utilizing the downturn to concentrate its high-conviction, long-term holdings.
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Despite a tough Q3 underperforming a soaring benchmark due to a historic rotation away from high-quality compounders and unwarranted AI fears, Baron Growth Fund remains highly constructive, utilizing the downturn to concentrate its high-conviction, long-term holdings.
The Mid Cap Strategy underperformed its benchmark in Q2 2025 with a 6.10% net return, using market volatility to establish new positions in Alaska Air and FTI Consulting while trimming underperforming names like Insperity.
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The Mid Cap Strategy underperformed its benchmark in Q2 2025 with a 6.10% net return, using market volatility to establish new positions in Alaska Air and FTI Consulting while trimming underperforming names like Insperity.
