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 VT Holland Advisors Equity Fund returned 12.3% in 2025. The manager emphasizes their long-term, high-conviction approach targeting founder-led, customer-centric compounders with deep 'real-life goodwill' while filtering out short-term macro noise.
Full Quick Take
The VT Holland Advisors Equity Fund returned 12.3% in 2025. The manager emphasizes their long-term, high-conviction approach targeting founder-led, customer-centric compounders with deep 'real-life goodwill' while filtering out short-term macro noise.
GCAM generated a 6.79% return in Q3 2025, slightly lagging the market due to a health-related CEO retirement at Constellation Software. The fund initiated a position in Taiwan Semiconductor while sounding a strong alarm on Nvidia's OpenAI financing deal, comparing it to dot-com bubble dynamics.
Full Quick Take
GCAM generated a 6.79% return in Q3 2025, slightly lagging the market due to a health-related CEO retirement at Constellation Software. The fund initiated a position in Taiwan Semiconductor while sounding a strong alarm on Nvidia's OpenAI financing deal, comparing it to dot-com bubble dynamics.
