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.
Davenport is actively trimming exposure to high-flying, crowd-favorite AI stocks in favor of undervalued quality compounders, preparing for a long-awaited market rotation to cyclical and value sectors in 2026.
Full Quick Take
Davenport is actively trimming exposure to high-flying, crowd-favorite AI stocks in favor of undervalued quality compounders, preparing for a long-awaited market rotation to cyclical and value sectors in 2026.
The Fund underperformed in November as global equity markets paused, but the managers maintain a constructive outlook for 2026 supported by central bank rate cuts, significant US fiscal stimulus, and secular AI capex trends.
Full Quick Take
The Fund underperformed in November as global equity markets paused, but the managers maintain a constructive outlook for 2026 supported by central bank rate cuts, significant US fiscal stimulus, and secular AI capex trends.
