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 fund achieved absolute gains but underperformed the Russell 2000 Index during Q3 2025. Management remains highly constructive on domestic small caps, actively deploying capital into resilient, high-quality growth opportunities.
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The fund achieved absolute gains but underperformed the Russell 2000 Index during Q3 2025. Management remains highly constructive on domestic small caps, actively deploying capital into resilient, high-quality growth opportunities.