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.
The Northern Small Cap Value Fund underperformed its benchmark in Q4 2025 due to unfavorable style factors favoring highly volatile, low-profitability stocks, but the manager remains committed to its disciplined quality-value strategy.
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The Northern Small Cap Value Fund underperformed its benchmark in Q4 2025 due to unfavorable style factors favoring highly volatile, low-profitability stocks, but the manager remains committed to its disciplined quality-value strategy.
While underperforming in Q4, Shelton Equity Income Strategy finished 2025 with stellar full-year outperformance of 18.50% net (vs. BXM 8.91%), pruning laggards to focus on robust yield generation via options and dividends heading into a volatile 2026.
Full Quick Take
While underperforming in Q4, Shelton Equity Income Strategy finished 2025 with stellar full-year outperformance of 18.50% net (vs. BXM 8.91%), pruning laggards to focus on robust yield generation via options and dividends heading into a volatile 2026.
