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.
The BNY Mellon Appreciation Fund returned 8.80% in Q2 2025, underperforming the S&P 500 Index's 10.94% return due to negative stock selection, despite solid contributions from mega-cap tech holdings amid tariff-driven market volatility.
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The BNY Mellon Appreciation Fund returned 8.80% in Q2 2025, underperforming the S&P 500 Index's 10.94% return due to negative stock selection, despite solid contributions from mega-cap tech holdings amid tariff-driven market volatility.