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.
Forager locked in strong 2025 gains by exiting fully-valued tech winners, building cash, and rotating into cheap, unloved quality compounders and tourism recovery plays.
Full Quick Take
Forager locked in strong 2025 gains by exiting fully-valued tech winners, building cash, and rotating into cheap, unloved quality compounders and tourism recovery plays.
Forager wrapped up a successful 2025 with strong returns (+24.8% Aus, +15.0% Int) and is actively recycling capital from expensive tech/special situations into unloved, smaller-cap value opportunities.
Full Quick Take
Forager wrapped up a successful 2025 with strong returns (+24.8% Aus, +15.0% Int) and is actively recycling capital from expensive tech/special situations into unloved, smaller-cap value opportunities.
