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.
Ariel Appreciation Fund advanced +5.81% in Q2 2025, outperforming its value benchmark as it navigated tariff concerns and macroeconomic volatility. The manager initiated new positions in Fiserv and Goldman Sachs while exiting Zimmer Biomet and BorgWarner.
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Ariel Appreciation Fund advanced +5.81% in Q2 2025, outperforming its value benchmark as it navigated tariff concerns and macroeconomic volatility. The manager initiated new positions in Fiserv and Goldman Sachs while exiting Zimmer Biomet and BorgWarner.
City Different Investments' Multi-Cap Core strategy outperformed the S&P 500 in Q4 with a 5.79% net return, while maintaining a low-turnover, focused portfolio of 26 stocks with strong convictions in under-allocated small and mid-cap valuations.
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City Different Investments' Multi-Cap Core strategy outperformed the S&P 500 in Q4 with a 5.79% net return, while maintaining a low-turnover, focused portfolio of 26 stocks with strong convictions in under-allocated small and mid-cap valuations.
