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.
Arauca Capital delivered a 25.26% gross return in H1 2026 by monetizing extraordinary gains in semiconductor and technology positions like Kioxia and Alphabet. Capital is now positioned defensively in short-term Treasuries, private power, and specialized digital lender VersaBank, while avoiding AI hyper-scalers facing heavy capex burdens and cyclical memory peaks.
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Arauca Capital delivered a 25.26% gross return in H1 2026 by monetizing extraordinary gains in semiconductor and technology positions like Kioxia and Alphabet. Capital is now positioned defensively in short-term Treasuries, private power, and specialized digital lender VersaBank, while avoiding AI hyper-scalers facing heavy capex burdens and cyclical memory peaks.
Aegis Value Fund surged 67.07% in 2025, driven by explosive gains in gold miners and energy holdings. The manager is holding cash and remains highly cautious on broad markets, warning that mega-cap tech valuations are unsustainably high.
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Aegis Value Fund surged 67.07% in 2025, driven by explosive gains in gold miners and energy holdings. The manager is holding cash and remains highly cautious on broad markets, warning that mega-cap tech valuations are unsustainably high.
L1 Long Short Fund achieved an excellent 12.2% return in Q2 2025, beating the benchmark by 2.7%. The manager is actively shorting expensive Australian large caps while shifting capital into cheaper, high-quality global value stocks, infrastructure, and copper.
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L1 Long Short Fund achieved an excellent 12.2% return in Q2 2025, beating the benchmark by 2.7%. The manager is actively shorting expensive Australian large caps while shifting capital into cheaper, high-quality global value stocks, infrastructure, and copper.