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.
Conestoga underperformed in 2025 due to a narrow, speculative 'low quality' rally in unprofitable stocks, but holds a highly bullish outlook for Small Caps in 2026 based on extreme valuation discounts and accelerating earnings growth.
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Conestoga underperformed in 2025 due to a narrow, speculative 'low quality' rally in unprofitable stocks, but holds a highly bullish outlook for Small Caps in 2026 based on extreme valuation discounts and accelerating earnings growth.