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 strategy posted a strong 9.10% net return in Q1 2026, outperforming its benchmark by capturing gains from a broadening market rotation into cyclical and AI-adjacent industrial and tech names. Despite March volatility triggered by Middle East conflicts and elevated oil prices, the manager remains constructive, selectively rebalancing profits into repriced defensive areas like consumer staples.
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The strategy posted a strong 9.10% net return in Q1 2026, outperforming its benchmark by capturing gains from a broadening market rotation into cyclical and AI-adjacent industrial and tech names. Despite March volatility triggered by Middle East conflicts and elevated oil prices, the manager remains constructive, selectively rebalancing profits into repriced defensive areas like consumer staples.
Stonehearth Capital Management views the transition entering 2026 constructively, noting a shift from mega-cap growth dominance toward a more balanced, selective market environment. With the Federal Reserve expected to continue rate cuts, cyclical value sectors appear well-positioned to benefit from steady economic growth, though a sustained growth stock resurgence remains dependent on AI-driven earnings confidence.
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Stonehearth Capital Management views the transition entering 2026 constructively, noting a shift from mega-cap growth dominance toward a more balanced, selective market environment. With the Federal Reserve expected to continue rate cuts, cyclical value sectors appear well-positioned to benefit from steady economic growth, though a sustained growth stock resurgence remains dependent on AI-driven earnings confidence.
Polaris delivered a respectable 5.04% net return in Q3 2025, while warning of frothy AI tech valuations and positioning the fund defensively in cheaper global value sectors and trade-resilient infrastructure.
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Polaris delivered a respectable 5.04% net return in Q3 2025, while warning of frothy AI tech valuations and positioning the fund defensively in cheaper global value sectors and trade-resilient infrastructure.
Ariel Focus Fund gained +4.75% in Q2 2025, outperforming its value benchmark as it navigates tariff-driven market volatility with a patient, pro-cyclical focus on undervalued businesses.
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Ariel Focus Fund gained +4.75% in Q2 2025, outperforming its value benchmark as it navigates tariff-driven market volatility with a patient, pro-cyclical focus on undervalued businesses.
