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.
Spyglass Growth Strategy returned 24.63% in Q2 2026, benefiting from a rebound in growth stocks and easing macro headwinds. Despite widespread multiple compression, portfolio earnings growth continues to excel. The fund added QXO, MKS Instruments, and Forgent Power Solutions to capture structural AI and electrification tailwinds, while exiting Roblox, nCino, and Kinsale to optimize risk-adjusted returns.
Full Quick Take
Spyglass Growth Strategy returned 24.63% in Q2 2026, benefiting from a rebound in growth stocks and easing macro headwinds. Despite widespread multiple compression, portfolio earnings growth continues to excel. The fund added QXO, MKS Instruments, and Forgent Power Solutions to capture structural AI and electrification tailwinds, while exiting Roblox, nCino, and Kinsale to optimize risk-adjusted returns.
