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.
AJOT delivered strong outperformance in December 2025 (+1.9% NAV return vs. -1.1% for the benchmark), bolstered by highly successful activist interventions at Synchro Food and Broadmedia.
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AJOT delivered strong outperformance in December 2025 (+1.9% NAV return vs. -1.1% for the benchmark), bolstered by highly successful activist interventions at Synchro Food and Broadmedia.
Sands Capital Technology Innovators posted an 8.4% Net return in Q3 2025, lagging its benchmark due to software sector underperformance. The fund selectively rotated out of CrowdStrike and Okta into Figma and Duolingo, remaining constructive on software's long-term integration of AI.
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Sands Capital Technology Innovators posted an 8.4% Net return in Q3 2025, lagging its benchmark due to software sector underperformance. The fund selectively rotated out of CrowdStrike and Okta into Figma and Duolingo, remaining constructive on software's long-term integration of AI.
Langdon's Canadian Smaller Companies Portfolio posted a strong 13.1% return in 2024, driven by stellar calendar-year runs in TerraVest and Aritzia, a new position in A&W Canada, and a transformative $250M USD transaction validating its core holding, Westaim.
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Langdon's Canadian Smaller Companies Portfolio posted a strong 13.1% return in 2024, driven by stellar calendar-year runs in TerraVest and Aritzia, a new position in A&W Canada, and a transformative $250M USD transaction validating its core holding, Westaim.
