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.
Driven by negative stock selection drag in technology and healthcare, while initiating a position in Bentley Systems and benefiting from a cash takeover offer for MarketAxess Holdings.
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Driven by negative stock selection drag in technology and healthcare, while initiating a position in Bentley Systems and benefiting from a cash takeover offer for MarketAxess Holdings.
BDL Capital Management holds zero long exposure to artificial intelligence, warning that unchecked hyperscaler capital expenditure and passive fund flows have created valuation excesses mirroring the 2000 TMT peak.
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BDL Capital Management holds zero long exposure to artificial intelligence, warning that unchecked hyperscaler capital expenditure and passive fund flows have created valuation excesses mirroring the 2000 TMT peak.
While Q4 2025 returns were challenged by Financials and Real Estate detraction, Schafer Cullen is highly constructive on small-cap value heading into 2026 due to historic valuation discounts and accelerating earnings growth.
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While Q4 2025 returns were challenged by Financials and Real Estate detraction, Schafer Cullen is highly constructive on small-cap value heading into 2026 due to historic valuation discounts and accelerating earnings growth.