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.
Jacob Asset Management is positioned for the acceleration of agentic AI adoption, which they view as a transformational force rivaling the dot-com boom. The firm added Securitize across multiple funds to capture the rapid expansion of tokenized real-world assets, and maintains concentrated exposure to next-generation CAR-T therapies in autoimmune diseases through Kyverna, Cabaletta, and Cartesian, where early data shows promise and valuations appear attractive.
Full Quick Take
Jacob Asset Management is positioned for the acceleration of agentic AI adoption, which they view as a transformational force rivaling the dot-com boom. The firm added Securitize across multiple funds to capture the rapid expansion of tokenized real-world assets, and maintains concentrated exposure to next-generation CAR-T therapies in autoimmune diseases through Kyverna, Cabaletta, and Cartesian, where early data shows promise and valuations appear attractive.
The fund delivered an outstanding 35.6% return in 2025 by avoiding crowded mega-cap tech trades in favor of macro themes like precious metals, shipping, and selective growth equities. Moving into 2026, the manager remains constructive on a market broadening toward mid- and small-caps, financial deregulation, and the emerging wave of asset tokenization.
Full Quick Take
The fund delivered an outstanding 35.6% return in 2025 by avoiding crowded mega-cap tech trades in favor of macro themes like precious metals, shipping, and selective growth equities. Moving into 2026, the manager remains constructive on a market broadening toward mid- and small-caps, financial deregulation, and the emerging wave of asset tokenization.
