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.
Bonhoeffer Fund returned 1.3% in Q3 2025, underperforming major indices as it undergoes a portfolio transition, rotating away from cyclical and declining-RoE companies to invest in high-ROIIC compounders like Fairfax Financial and Autohellas.
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Bonhoeffer Fund returned 1.3% in Q3 2025, underperforming major indices as it undergoes a portfolio transition, rotating away from cyclical and declining-RoE companies to invest in high-ROIIC compounders like Fairfax Financial and Autohellas.
