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.
Longleaf Partners Global Fund delivered a solid 16.72% return in 2025. It is taking a cautious, defensive stance reminiscent of 1999 by combining cash and defensive growers to navigate elevated market valuations, while raising its conviction limit per stock to 8%.
Full Quick Take
Longleaf Partners Global Fund delivered a solid 16.72% return in 2025. It is taking a cautious, defensive stance reminiscent of 1999 by combining cash and defensive growers to navigate elevated market valuations, while raising its conviction limit per stock to 8%.
