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.
The Wasatch Small Cap Growth Strategy suffered its worst underperformance in 25 years during 2025 by avoiding speculative, low-quality market-darling themes like biotech and AI. However, management remains constructive, expecting a major rebound as relative valuations reach decade-lows and strong portfolio fundamentals persist.
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The Wasatch Small Cap Growth Strategy suffered its worst underperformance in 25 years during 2025 by avoiding speculative, low-quality market-darling themes like biotech and AI. However, management remains constructive, expecting a major rebound as relative valuations reach decade-lows and strong portfolio fundamentals persist.
