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.
EMA GARP Fund posted a stellar +28.76% return in Q2 2025, fueled by concentrated positions in gold, silver, and bitcoin. The fund has closed all short positions, bracing for a highly inflationary 'Crack Up Boom' as the US debt crisis deepens.
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EMA GARP Fund posted a stellar +28.76% return in Q2 2025, fueled by concentrated positions in gold, silver, and bitcoin. The fund has closed all short positions, bracing for a highly inflationary 'Crack Up Boom' as the US debt crisis deepens.
Praetorian Capital runs a concentrated portfolio positioned for fiscal crisis in over-indebted Western democracies. Despite Q3 underperformance from three large positions, manager Harris Kupperman maintains conviction in uranium, oilfield services, precious metals, and Florida real estate. The fund has reduced exposure dramatically, holding significant liquidity to deploy during anticipated market volatility following elections and economic deterioration.
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Praetorian Capital runs a concentrated portfolio positioned for fiscal crisis in over-indebted Western democracies. Despite Q3 underperformance from three large positions, manager Harris Kupperman maintains conviction in uranium, oilfield services, precious metals, and Florida real estate. The fund has reduced exposure dramatically, holding significant liquidity to deploy during anticipated market volatility following elections and economic deterioration.
