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.
Driven by strong rebounds in Thermo Fisher Scientific, Microsoft, and ServiceNow, while trimming software positions after sharp rallies narrowed their margins of safety.
Full Quick Take
Driven by strong rebounds in Thermo Fisher Scientific, Microsoft, and ServiceNow, while trimming software positions after sharp rallies narrowed their margins of safety.
Viewing the sharp valuation compression as disconnected from resilient business fundamentals, the fund raised gross leverage to 106% and selectively added to core holdings.
Full Quick Take
Viewing the sharp valuation compression as disconnected from resilient business fundamentals, the fund raised gross leverage to 106% and selectively added to core holdings.