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.
SRK Capital delivered an outstanding 46.94% return in H1 2025, but is aggressively raising cash and trimming winners due to high valuations and a lack of new compelling micro-cap ideas.
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SRK Capital delivered an outstanding 46.94% return in H1 2025, but is aggressively raising cash and trimming winners due to high valuations and a lack of new compelling micro-cap ideas.
Akre Focus Fund underperformed the S&P 500 this quarter (6.46% vs 10.94%) but remains committed to high-quality compounding businesses over cheap 'value' bounces, raising its cash position to 8.1% and preparing to transition into an ETF structure.
Full Quick Take
Akre Focus Fund underperformed the S&P 500 this quarter (6.46% vs 10.94%) but remains committed to high-quality compounding businesses over cheap 'value' bounces, raising its cash position to 8.1% and preparing to transition into an ETF structure.
