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.
PDM is taking a highly cautious stance for 2026, avoiding overpriced, debt-financed AI names and holding cash to buy durable, undervalued market laggards during future pullbacks.
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PDM is taking a highly cautious stance for 2026, avoiding overpriced, debt-financed AI names and holding cash to buy durable, undervalued market laggards during future pullbacks.
Baillie Gifford's International All Cap Strategy delivered robust absolute returns despite underperforming its benchmark in Q2 2025. The manager remains constructive on structurally advantaged international equities trading at a clear discount to the US.
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Baillie Gifford's International All Cap Strategy delivered robust absolute returns despite underperforming its benchmark in Q2 2025. The manager remains constructive on structurally advantaged international equities trading at a clear discount to the US.
