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.
Lux Capital rejects diversification in favor of 'confident concentration,' highlighting their newly closed $1.5B fund and multi-billion-dollar bets in aerospace, defense, and physical sciences amidst fragile public markets and intense geopolitical conflict.
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Lux Capital rejects diversification in favor of 'confident concentration,' highlighting their newly closed $1.5B fund and multi-billion-dollar bets in aerospace, defense, and physical sciences amidst fragile public markets and intense geopolitical conflict.
The Artisan International Fund posted a strong 36.03% return in 2025, beating major international benchmarks, and is currently rotating capital from high-performing defense names into electrification and defensive consumer staples to maintain balanced risk-adjusted growth.
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The Artisan International Fund posted a strong 36.03% return in 2025, beating major international benchmarks, and is currently rotating capital from high-performing defense names into electrification and defensive consumer staples to maintain balanced risk-adjusted growth.
Prosper Stars & Stripes delivered a strong +9.8% net return in Q3 2025, significantly outperforming peers. The fund is positioned to capture a highly anticipated cyclical rebound in small caps, backed by monetary easing and idiosyncratic long selections.
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Prosper Stars & Stripes delivered a strong +9.8% net return in Q3 2025, significantly outperforming peers. The fund is positioned to capture a highly anticipated cyclical rebound in small caps, backed by monetary easing and idiosyncratic long selections.
Artisan International Fund outperformed its benchmark in Q3 2025, capitalizing on secular themes in electrification, defense, and select financial restructurings while actively recycling capital into attractively valued international names.
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Artisan International Fund outperformed its benchmark in Q3 2025, capitalizing on secular themes in electrification, defense, and select financial restructurings while actively recycling capital into attractively valued international names.
Small-cap growth stocks experienced a volatile Q2 2025 but finished strong as tariff fears eased. The fund remains constructive on secular themes like AI infrastructure, aerospace, and healthcare recovery.
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Small-cap growth stocks experienced a volatile Q2 2025 but finished strong as tariff fears eased. The fund remains constructive on secular themes like AI infrastructure, aerospace, and healthcare recovery.
