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.
Constructive on public real estate equities trading at wide discounts to private asset values, selectively capitalizing on rate volatility by initiating long exposure in $AAON and re-entering $AMT while exiting life sciences and timber.
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Constructive on public real estate equities trading at wide discounts to private asset values, selectively capitalizing on rate volatility by initiating long exposure in $AAON and re-entering $AMT while exiting life sciences and timber.
Baron Health Care Fund outperformed its benchmark in Q4 2025 with a 13.10% return, driven by biotechnology gains and selective positioning. The manager remains highly optimistic about 2026 due to a massive resurgence in biotech funding, active M&A, and easing regulatory hurdles.
Full Quick Take
Baron Health Care Fund outperformed its benchmark in Q4 2025 with a 13.10% return, driven by biotechnology gains and selective positioning. The manager remains highly optimistic about 2026 due to a massive resurgence in biotech funding, active M&A, and easing regulatory hurdles.