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.
Pershing Square capitalized on short-term valuation dislocations to rebuild its core portfolio around megacap tech giants and HHH, securing a 20.9% NAV return in 2025 while preparing for a robust macroeconomic cycle ahead.
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Pershing Square capitalized on short-term valuation dislocations to rebuild its core portfolio around megacap tech giants and HHH, securing a 20.9% NAV return in 2025 while preparing for a robust macroeconomic cycle ahead.