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.
Mar Vista's U.S. Quality Premier returned 10.15% net in Q2 2026, underperforming benchmarks as market leadership broadened beyond technology. The manager sees AI entering a more productive phase, favoring companies converting infrastructure investments into durable earnings growth. Portfolio activity included initiating ASML, exiting Intuit on AI disruption concerns, and adding to semiconductor and aerospace positions. The manager expects earnings growth and execution to drive future returns.
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Mar Vista's U.S. Quality Premier returned 10.15% net in Q2 2026, underperforming benchmarks as market leadership broadened beyond technology. The manager sees AI entering a more productive phase, favoring companies converting infrastructure investments into durable earnings growth. Portfolio activity included initiating ASML, exiting Intuit on AI disruption concerns, and adding to semiconductor and aerospace positions. The manager expects earnings growth and execution to drive future returns.
Aristotle Core Equity Fund outperformed the S&P 500 in Q4 2024 with a 3.96% return, bringing YTD performance to 26.26%. Gains were led by Broadcom and Chart Industries. The fund added GE Aerospace and CrowdStrike while exiting Spirit AeroSystems and Microchip Technology. Management remains focused on bottom-up secular compounders entering 2025.
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Aristotle Core Equity Fund outperformed the S&P 500 in Q4 2024 with a 3.96% return, bringing YTD performance to 26.26%. Gains were led by Broadcom and Chart Industries. The fund added GE Aerospace and CrowdStrike while exiting Spirit AeroSystems and Microchip Technology. Management remains focused on bottom-up secular compounders entering 2025.
Fidelity Dividend Growth Fund outperformed its S&P 500 benchmark in Q2 2024, driven by strong stock selection in information technology and utilities. The fund is strategically overweighting semiconductor producers, generative AI hardware beneficiaries, commercial aerospace suppliers, and power utilities, while maintaining deliberate underweights in consumer discretionary and mega-cap tech valuation risks.
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Fidelity Dividend Growth Fund outperformed its S&P 500 benchmark in Q2 2024, driven by strong stock selection in information technology and utilities. The fund is strategically overweighting semiconductor producers, generative AI hardware beneficiaries, commercial aerospace suppliers, and power utilities, while maintaining deliberate underweights in consumer discretionary and mega-cap tech valuation risks.
