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.
Middle Coast Investing returned 12.5% in Q2 2026 as markets traded on baskets rather than fundamentals. Semiconductors and data center stocks soared while hyperscalers faced AI profitability doubts. The manager trimmed winners, added CDW and S&P Global at attractive valuations, and reduced cash to 13.7%. Despite strong company-specific results, stocks traded on sector sentiment. The portfolio maintains concentrated exposure to aerospace, travel, and financials with disciplined valuation focus.
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Middle Coast Investing returned 12.5% in Q2 2026 as markets traded on baskets rather than fundamentals. Semiconductors and data center stocks soared while hyperscalers faced AI profitability doubts. The manager trimmed winners, added CDW and S&P Global at attractive valuations, and reduced cash to 13.7%. Despite strong company-specific results, stocks traded on sector sentiment. The portfolio maintains concentrated exposure to aerospace, travel, and financials with disciplined valuation focus.
