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.
Outperforming small-cap benchmarks behind strength in Zebra Technologies and Charles River Laboratories, while initiating spin-off positions in ADI Global Distribution and Midera Food Processing and exiting Leslie's.
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Outperforming small-cap benchmarks behind strength in Zebra Technologies and Charles River Laboratories, while initiating spin-off positions in ADI Global Distribution and Midera Food Processing and exiting Leslie's.
Viewing the sharp valuation compression as disconnected from resilient business fundamentals, the fund raised gross leverage to 106% and selectively added to core holdings.
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Viewing the sharp valuation compression as disconnected from resilient business fundamentals, the fund raised gross leverage to 106% and selectively added to core holdings.
While speculative and low-quality market trends created temporary headwinds for active managers in 2025, Grandeur Peak is sharpening its focus on concentrated, high-quality growth companies ahead of an anticipated factor mean reversion.
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While speculative and low-quality market trends created temporary headwinds for active managers in 2025, Grandeur Peak is sharpening its focus on concentrated, high-quality growth companies ahead of an anticipated factor mean reversion.
TimesSquare's Small Cap Growth composite lagged its benchmark in 3Q25 as a speculative, non-earning stock rally penalised the fund's quality-growth bias.
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TimesSquare's Small Cap Growth composite lagged its benchmark in 3Q25 as a speculative, non-earning stock rally penalised the fund's quality-growth bias.