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.
Indian value manager delivered 12.4% YTD returns with portfolio earnings up 34% despite market volatility from US-Iran conflict. Maintains aggressive stance at 82% equity exposure, adding to concentrated positions in high-quality businesses with 43% ROIC. Faces headwinds from capital flowing to AI themes and moderating retail investor flows, but sees opportunity in disciplined rejection-first approach focusing on exceptional businesses trading below intrinsic value.
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Indian value manager delivered 12.4% YTD returns with portfolio earnings up 34% despite market volatility from US-Iran conflict. Maintains aggressive stance at 82% equity exposure, adding to concentrated positions in high-quality businesses with 43% ROIC. Faces headwinds from capital flowing to AI themes and moderating retail investor flows, but sees opportunity in disciplined rejection-first approach focusing on exceptional businesses trading below intrinsic value.
RGA Investment Advisors is integrating AI as a force multiplier while warning against extreme market narratives. To mitigate rising single-stock volatility, the firm is sizing positions smaller and has added new investments in Lattice Semiconductor and Celsius Holdings.
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RGA Investment Advisors is integrating AI as a force multiplier while warning against extreme market narratives. To mitigate rising single-stock volatility, the firm is sizing positions smaller and has added new investments in Lattice Semiconductor and Celsius Holdings.
Hayden Capital posted a 22.3% return for 2025 and is proactively buying into the 'AI Scare Trade' sell-off, viewing the market's panic over software and digital business models as an exceptional contrarian opportunity.
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Hayden Capital posted a 22.3% return for 2025 and is proactively buying into the 'AI Scare Trade' sell-off, viewing the market's panic over software and digital business models as an exceptional contrarian opportunity.
Janus Henderson Forty Fund delivered a strong Q2 2025 return of 19.34%, outperforming its benchmark through tactical additions to AI-infrastructure leaders and a growing focus on the AI application layer.
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Janus Henderson Forty Fund delivered a strong Q2 2025 return of 19.34%, outperforming its benchmark through tactical additions to AI-infrastructure leaders and a growing focus on the AI application layer.
