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.
Montaka delivered strong 2023 performance owning megacap winners while maintaining concentrated exposure to structural transformation themes. Added LVMH after 30% decline, sold Carlyle Group. Portfolio focused on AI beneficiaries, alternative asset managers, luxury brands, and mission-critical financial platforms. Low turnover strategy emphasizes time horizon arbitrage with multi-year earnings power growth expectations exceeding market pricing.
Full Quick Take
Montaka delivered strong 2023 performance owning megacap winners while maintaining concentrated exposure to structural transformation themes. Added LVMH after 30% decline, sold Carlyle Group. Portfolio focused on AI beneficiaries, alternative asset managers, luxury brands, and mission-critical financial platforms. Low turnover strategy emphasizes time horizon arbitrage with multi-year earnings power growth expectations exceeding market pricing.
