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.
It is taking a cautious, defensive stance reminiscent of 1999 by combining cash and defensive growers to navigate elevated market valuations, while raising its conviction limit per stock to 8%.
Full Quick Take
It is taking a cautious, defensive stance reminiscent of 1999 by combining cash and defensive growers to navigate elevated market valuations, while raising its conviction limit per stock to 8%.