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.
Vulcan Value Partners achieved positive absolute returns across all five strategies in the second quarter of 2023. While economic headwinds persist and rising stock prices have reduced some deep discounts, the firm remains fully invested in high-quality companies with solid margins of safety, leveraging volatility and options to optimize portfolio risk.
Full Quick Take
Vulcan Value Partners achieved positive absolute returns across all five strategies in the second quarter of 2023. While economic headwinds persist and rising stock prices have reduced some deep discounts, the firm remains fully invested in high-quality companies with solid margins of safety, leveraging volatility and options to optimize portfolio risk.
