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.
Despite a gauntlet of idiosyncratic microcap setbacks in 2025, KCA generated a strong 17.45% net return for the year and enters 2026 with high conviction in its catalyst-heavy, deeply discounted portfolio.
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Despite a gauntlet of idiosyncratic microcap setbacks in 2025, KCA generated a strong 17.45% net return for the year and enters 2026 with high conviction in its catalyst-heavy, deeply discounted portfolio.