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.
Spyglass Growth Strategy returned 24.63% in Q2 2026, benefiting from a rebound in growth stocks and easing macro headwinds. Despite widespread multiple compression, portfolio earnings growth continues to excel. The fund added QXO, MKS Instruments, and Forgent Power Solutions to capture structural AI and electrification tailwinds, while exiting Roblox, nCino, and Kinsale to optimize risk-adjusted returns.
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Spyglass Growth Strategy returned 24.63% in Q2 2026, benefiting from a rebound in growth stocks and easing macro headwinds. Despite widespread multiple compression, portfolio earnings growth continues to excel. The fund added QXO, MKS Instruments, and Forgent Power Solutions to capture structural AI and electrification tailwinds, while exiting Roblox, nCino, and Kinsale to optimize risk-adjusted returns.
The Janus Henderson Global Sustainable Equity Fund lagged its benchmark in Q3 2025 due to a lack of exposure to some momentum-driven AI mega-caps, but the managers remain highly convicted in their core sustainability and electrification holdings.
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The Janus Henderson Global Sustainable Equity Fund lagged its benchmark in Q3 2025 due to a lack of exposure to some momentum-driven AI mega-caps, but the managers remain highly convicted in their core sustainability and electrification holdings.
ValueWorks capitalizes on recent short-term market whipsaws to buy deeply discounted long-term opportunities like Instacart, preparing for a highly volatile but powerful multi-year advance to a 25-year market high.
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ValueWorks capitalizes on recent short-term market whipsaws to buy deeply discounted long-term opportunities like Instacart, preparing for a highly volatile but powerful multi-year advance to a 25-year market high.
