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.
Diranko Capital posted a strong 19.9% net return in 2025, handily beating indices despite some performance drag from cyclical mistakes. The fund is positioned defensively for 2026, rotating out of fully valued assets into highly idiosyncratic microcap, deep value, and special situation plays.
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Diranko Capital posted a strong 19.9% net return in 2025, handily beating indices despite some performance drag from cyclical mistakes. The fund is positioned defensively for 2026, rotating out of fully valued assets into highly idiosyncratic microcap, deep value, and special situation plays.
Long Cast Advisers gained 19% in 2Q25, but is shifting to a cautious, defensive posture with a 10% cash holding due to high macroeconomic policy risks and expected near-term demand destruction.
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Long Cast Advisers gained 19% in 2Q25, but is shifting to a cautious, defensive posture with a 10% cash holding due to high macroeconomic policy risks and expected near-term demand destruction.
Cedar Creek Partners returned 5.8% in Q2, actively deploying cash into private vehicles and high-conviction microcaps while securing solid exit pathways on several core holdings.
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Cedar Creek Partners returned 5.8% in Q2, actively deploying cash into private vehicles and high-conviction microcaps while securing solid exit pathways on several core holdings.
