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.
Steyn Capital closed out 2025 with an 18.26% net return, driven by precious metals and Chinese tech exposure. The fund remains highly constructive on undervalued South African equities and event-driven opportunities while maintaining its short book for downside hedging.
Full Quick Take
Steyn Capital closed out 2025 with an 18.26% net return, driven by precious metals and Chinese tech exposure. The fund remains highly constructive on undervalued South African equities and event-driven opportunities while maintaining its short book for downside hedging.
Steyn Capital gained 5.45% in Q4 (18.26% YTD), propelled by precious metals and Naspers/Prosus. The manager is highly constructive on undervalued South African equities while maintaining a defensive short book to hedge against high-flying global markets.
Full Quick Take
Steyn Capital gained 5.45% in Q4 (18.26% YTD), propelled by precious metals and Naspers/Prosus. The manager is highly constructive on undervalued South African equities while maintaining a defensive short book to hedge against high-flying global markets.
