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.
Source Capital delivered a solid 4.59% return for Q3 2025, driven by strong equity selections. The fund is maintaining a cautious stance, holding over 20% cash due to historically tight spreads in the public high-yield debt markets.
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Source Capital delivered a solid 4.59% return for Q3 2025, driven by strong equity selections. The fund is maintaining a cautious stance, holding over 20% cash due to historically tight spreads in the public high-yield debt markets.