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.
Ariel Small Cap Value posted a strong +7.58% net return in Q2 2025, outperforming its value benchmark. The fund continues to leverage deep small-cap discounts by adding high-conviction names like ZBRA on pullbacks.
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Ariel Small Cap Value posted a strong +7.58% net return in Q2 2025, outperforming its value benchmark. The fund continues to leverage deep small-cap discounts by adding high-conviction names like ZBRA on pullbacks.