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 Small Cap portfolio lagged the Russell 2000 in Q2 2025 due to a market pivot toward speculative, high-beta equities. The firm remains defensively positioned in high-quality, low-volatility names amidst elevated macroeconomic and tariff uncertainties.
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The Small Cap portfolio lagged the Russell 2000 in Q2 2025 due to a market pivot toward speculative, high-beta equities. The firm remains defensively positioned in high-quality, low-volatility names amidst elevated macroeconomic and tariff uncertainties.
