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.
WestEnd's industrial and energy-focused portfolio outperformed by 9% in Q1 2026, led by aluminum, uranium, and natural gas holdings. The manager raised cash by trimming expensive growth names and exiting software positions ahead of AI disruption. Despite Iran tensions, earnings growth remains strong and the AI theme increasingly favors energy infrastructure over software.
Full Quick Take
WestEnd's industrial and energy-focused portfolio outperformed by 9% in Q1 2026, led by aluminum, uranium, and natural gas holdings. The manager raised cash by trimming expensive growth names and exiting software positions ahead of AI disruption. Despite Iran tensions, earnings growth remains strong and the AI theme increasingly favors energy infrastructure over software.
