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.
Hinde Group delivered a robust 13.93% net return in Q3 2025 and initiated its first new position since 2022 in Becton Dickinson (BDX), aiming to capitalize on a massive, tax-efficient corporate value unlock.
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Hinde Group delivered a robust 13.93% net return in Q3 2025 and initiated its first new position since 2022 in Becton Dickinson (BDX), aiming to capitalize on a massive, tax-efficient corporate value unlock.
LRT Global Opportunities finished September down -8.00% (-0.17% YTD) amidst extreme mega-cap-led market froth. Manager Lukasz Tomicki warns of historic broad market overvaluations and remains highly constructive on his low-beta, high-quality hedged portfolio.
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LRT Global Opportunities finished September down -8.00% (-0.17% YTD) amidst extreme mega-cap-led market froth. Manager Lukasz Tomicki warns of historic broad market overvaluations and remains highly constructive on his low-beta, high-quality hedged portfolio.
Tweedy, Browne achieved strong YTD gains through Q3 2025, driven by a long-overdue valuation catch-up in European and Japanese equities, while actively rotating capital into fresh mid-cap value opportunities.
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Tweedy, Browne achieved strong YTD gains through Q3 2025, driven by a long-overdue valuation catch-up in European and Japanese equities, while actively rotating capital into fresh mid-cap value opportunities.
Turtle Creek warns that the S&P 500's high valuation (22x) points to flat 10-year market returns, while positioning its own portfolio at 10.4x earnings with >20% projected annual growth to deliver superior long-term performance.
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Turtle Creek warns that the S&P 500's high valuation (22x) points to flat 10-year market returns, while positioning its own portfolio at 10.4x earnings with >20% projected annual growth to deliver superior long-term performance.
