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 Heartland Value Fund outperformed its benchmark in Q2 2025, driven by strong stock selection and compelling small-cap valuations. Management remains highly confident in small-cap fundamentals, improving liquidity, and its disciplined active value process.
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The Heartland Value Fund outperformed its benchmark in Q2 2025, driven by strong stock selection and compelling small-cap valuations. Management remains highly confident in small-cap fundamentals, improving liquidity, and its disciplined active value process.