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.
Mar Vista's U.S. Quality strategy returned +0.20% in Q4 2025, underperforming benchmarks in a market dominated by narrow mega-cap leadership. The fund actively adjusted its holdings, exiting Roper and Equifax to fund high-conviction positions in TSM and Netflix, while maintaining a cautious and valuation-disciplined outlook for 2026.
Full Quick Take
Mar Vista's U.S. Quality strategy returned +0.20% in Q4 2025, underperforming benchmarks in a market dominated by narrow mega-cap leadership. The fund actively adjusted its holdings, exiting Roper and Equifax to fund high-conviction positions in TSM and Netflix, while maintaining a cautious and valuation-disciplined outlook for 2026.
PGIM Jennison Global Opportunities Fund returned 17.2% in Q2 2025, outperforming its benchmark by capturing the GenAI tech rally while shifting positioning away from AI infrastructure and tariff-sensitive consumer retail.
Full Quick Take
PGIM Jennison Global Opportunities Fund returned 17.2% in Q2 2025, outperforming its benchmark by capturing the GenAI tech rally while shifting positioning away from AI infrastructure and tariff-sensitive consumer retail.
