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 portfolio delivered a solid 10.06% return in Q2 2025, driven by Toya S.A. and Orsero SpA, as the manager continues to focus on long-term value, initiating a new position in the deeply undervalued Caltagirone SpA.
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The portfolio delivered a solid 10.06% return in Q2 2025, driven by Toya S.A. and Orsero SpA, as the manager continues to focus on long-term value, initiating a new position in the deeply undervalued Caltagirone SpA.
