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.
Hayden Capital posted a 22.3% return for 2025 and is proactively buying into the 'AI Scare Trade' sell-off, viewing the market's panic over software and digital business models as an exceptional contrarian opportunity.
Full Quick Take
Hayden Capital posted a 22.3% return for 2025 and is proactively buying into the 'AI Scare Trade' sell-off, viewing the market's panic over software and digital business models as an exceptional contrarian opportunity.
Unconventional Value maintained its strong performance, returning +31.6% YTD in 2025 through a highly concentrated portfolio of AI-driven and network-effect-supported emerging growth companies like Pagaya, Planet Labs, and Xometry.
Full Quick Take
Unconventional Value maintained its strong performance, returning +31.6% YTD in 2025 through a highly concentrated portfolio of AI-driven and network-effect-supported emerging growth companies like Pagaya, Planet Labs, and Xometry.
Ennismore delivered +6.4% in 2024 through superior stock selection, overcoming headwinds from European and small-cap exposures. Network effect businesses and special situations drove returns while the fund added gaming exposure via Paradox Interactive. Despite structural biases facing challenges, historically cheap European valuations and potential macro catalysts create compelling opportunities for continued alpha generation.
Full Quick Take
Ennismore delivered +6.4% in 2024 through superior stock selection, overcoming headwinds from European and small-cap exposures. Network effect businesses and special situations drove returns while the fund added gaming exposure via Paradox Interactive. Despite structural biases facing challenges, historically cheap European valuations and potential macro catalysts create compelling opportunities for continued alpha generation.
