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.
Atai Capital declined 5.0% in Q4 but gained 36.1% YTD in 2025. The fund is holding high cash reserves and raising its AUM cap to $100M while patiently waiting for market dislocations to present high-quality micro-cap opportunities.
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Atai Capital declined 5.0% in Q4 but gained 36.1% YTD in 2025. The fund is holding high cash reserves and raising its AUM cap to $100M while patiently waiting for market dislocations to present high-quality micro-cap opportunities.
Sohra Peak delivered a stellar 44.8% return in 2025, fueled by major wins in D-BOX and Dadelo, and plans to close permanently to new capital after raising an additional $3 million to maintain its nimble, concentrated strategy.
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Sohra Peak delivered a stellar 44.8% return in 2025, fueled by major wins in D-BOX and Dadelo, and plans to close permanently to new capital after raising an additional $3 million to maintain its nimble, concentrated strategy.
Optimist Fund posted a strong 32.2% return for 2025 despite an 8.5% slide in Q4. The manager details significant portfolio adjustments, emphasizing a highly disciplined, five-year compounding approach that ignores macro cycles to capture idiosyncratic value.
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Optimist Fund posted a strong 32.2% return for 2025 despite an 8.5% slide in Q4. The manager details significant portfolio adjustments, emphasizing a highly disciplined, five-year compounding approach that ignores macro cycles to capture idiosyncratic value.
