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.
While 2025 was a painful year of cyclical-driven underperformance, SGA sees an exceptional 'coiled spring' setup heading into 2026, with their high-quality compounders trading at historic relative valuation discounts as AI CapEx tailwinds begin to hit physical limits.
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While 2025 was a painful year of cyclical-driven underperformance, SGA sees an exceptional 'coiled spring' setup heading into 2026, with their high-quality compounders trading at historic relative valuation discounts as AI CapEx tailwinds begin to hit physical limits.
