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.
The Longleaf Partners Small-Cap Fund underperformed a highly speculative Russell 2000 index in 2025, but is well-positioned for 2026 with ultra-low leverage across its 17 holdings, a newly raised 8% overweight limit for greater engagement, and 15.8% in dry powder.
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The Longleaf Partners Small-Cap Fund underperformed a highly speculative Russell 2000 index in 2025, but is well-positioned for 2026 with ultra-low leverage across its 17 holdings, a newly raised 8% overweight limit for greater engagement, and 15.8% in dry powder.