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.
Burke Wealth's Focused Growth returned 21.1% in Q2 2026, capitalizing on AI infrastructure dominance through Nvidia, memory shortage beneficiary Micron, and new datacenter power play Eaton. Manager sold Abbott and Lowe's on execution concerns and mortgage rate dependency, initiated Apollo on indiscriminate sell-off. Explores resource scarcity—power, memory, capital, talent—as AI's defining constraint. Portfolio's balance sheet strength positions it well as capital access tightens for weaker credits.
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Burke Wealth's Focused Growth returned 21.1% in Q2 2026, capitalizing on AI infrastructure dominance through Nvidia, memory shortage beneficiary Micron, and new datacenter power play Eaton. Manager sold Abbott and Lowe's on execution concerns and mortgage rate dependency, initiated Apollo on indiscriminate sell-off. Explores resource scarcity—power, memory, capital, talent—as AI's defining constraint. Portfolio's balance sheet strength positions it well as capital access tightens for weaker credits.
The Fund returned 7.18% in Q3 2025, underperforming benchmarks, but deployed capital into new transitional value plays in Boise Cascade and Rogers Corporation, leveraging its trademark low-turnover, balance-sheet-focused approach.
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The Fund returned 7.18% in Q3 2025, underperforming benchmarks, but deployed capital into new transitional value plays in Boise Cascade and Rogers Corporation, leveraging its trademark low-turnover, balance-sheet-focused approach.
The RS Large Cap Value Strategy returned 4.47% net in Q3 2025, underperforming its benchmark. Due to worsening macro headwinds and potential tariff policy pressures, the fund exited its position in LKQ Corp and is highly prioritizing downside protection and balance sheet quality.
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The RS Large Cap Value Strategy returned 4.47% net in Q3 2025, underperforming its benchmark. Due to worsening macro headwinds and potential tariff policy pressures, the fund exited its position in LKQ Corp and is highly prioritizing downside protection and balance sheet quality.
Mondrian maintains a cautious view on global markets due to escalating sovereign debt risks and trade policy uncertainty, but finds compelling bottom-up value in Japanese equities characterized by fortress balance sheets and improving corporate governance.
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Mondrian maintains a cautious view on global markets due to escalating sovereign debt risks and trade policy uncertainty, but finds compelling bottom-up value in Japanese equities characterized by fortress balance sheets and improving corporate governance.
