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.
Alphyn Capital returned 12.4% in Q2 2025, beating the S&P 500. The fund is running a high cash balance of 17%, using disciplined risk management to exit underperforming theses while waiting for better valuations to deploy capital.
Full Quick Take
Alphyn Capital returned 12.4% in Q2 2025, beating the S&P 500. The fund is running a high cash balance of 17%, using disciplined risk management to exit underperforming theses while waiting for better valuations to deploy capital.