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.
T. Bailey closed out 2025 with strong performance, navigating emerging AI infrastructure skepticism and global central bank divergence by active reallocation into Japanese equities, EM, and selective UK value holdings.
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T. Bailey closed out 2025 with strong performance, navigating emerging AI infrastructure skepticism and global central bank divergence by active reallocation into Japanese equities, EM, and selective UK value holdings.
The Mairs & Power Small Cap Fund lagged its benchmark in 2025 due to a speculative, risk-on environment, but the managers maintain high conviction in their quality-first approach as small-cap earnings show strong signs of recovery amidst historically cheap valuations.
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The Mairs & Power Small Cap Fund lagged its benchmark in 2025 due to a speculative, risk-on environment, but the managers maintain high conviction in their quality-first approach as small-cap earnings show strong signs of recovery amidst historically cheap valuations.
Matrix is cautiously optimistic for 2026, expecting high single-digit stock returns and rotating away from expensive growth stocks into high-quality value and dividend payers while shortening bond maturities.
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Matrix is cautiously optimistic for 2026, expecting high single-digit stock returns and rotating away from expensive growth stocks into high-quality value and dividend payers while shortening bond maturities.
