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.
Conestoga underperformed in 3Q25 as a speculative, high-beta rally favored unprofitable companies over high-quality, profitable businesses. The manager remains fully disciplined, anticipating a transition back to quality-driven fundamentals.
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Conestoga underperformed in 3Q25 as a speculative, high-beta rally favored unprofitable companies over high-quality, profitable businesses. The manager remains fully disciplined, anticipating a transition back to quality-driven fundamentals.
