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.
Underperforming the MSCI World Index (-3.57%) due to drawdowns in Metlen, FactSet, and Dino Polska. The fund substantially increased its high-moat allocation from 27.7% to 49.6%, exiting positions in Shelly Group, Spyrosoft, and Text S.A.
Full Quick Take
Underperforming the MSCI World Index (-3.57%) due to drawdowns in Metlen, FactSet, and Dino Polska. The fund substantially increased its high-moat allocation from 27.7% to 49.6%, exiting positions in Shelly Group, Spyrosoft, and Text S.A.