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.
Torre Financial consolidated accounts posted an 8.5% return in 2025, underperforming the S&P 500. The fund rotated out of legacy compounders facing increased competitive pressure and focused resources on core secular growth themes like AI and healthcare pipelines.
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Torre Financial consolidated accounts posted an 8.5% return in 2025, underperforming the S&P 500. The fund rotated out of legacy compounders facing increased competitive pressure and focused resources on core secular growth themes like AI and healthcare pipelines.
Montaka utilized Q4 2025 to reallocate capital into high-conviction, undervalued tech and software leaders affected by overblown AI disruption fears, while refuting the narrative that we are in an AI bubble.
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Montaka utilized Q4 2025 to reallocate capital into high-conviction, undervalued tech and software leaders affected by overblown AI disruption fears, while refuting the narrative that we are in an AI bubble.
Pangolin Asia Fund's NAV fell 3.50% in June 2025, bringing YTD performance to -6.92% due to underperformance in Bermaz Auto and Indonesian consumer stocks. However, the manager remains highly constructive, arguing that underlying business fundamentals remain robust and valuations across ASEAN represent generational buying opportunities.
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Pangolin Asia Fund's NAV fell 3.50% in June 2025, bringing YTD performance to -6.92% due to underperformance in Bermaz Auto and Indonesian consumer stocks. However, the manager remains highly constructive, arguing that underlying business fundamentals remain robust and valuations across ASEAN represent generational buying opportunities.
The NewBridge Large Cap Growth portfolio posted a positive return in Q4 but lagged its benchmark due to an underweight in Tesla and holding Uber, while actively positioning for secular growth via new stakes in Reddit and Tradeweb.
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The NewBridge Large Cap Growth portfolio posted a positive return in Q4 but lagged its benchmark due to an underweight in Tesla and holding Uber, while actively positioning for secular growth via new stakes in Reddit and Tradeweb.
